The 36-month beta value for PAAS is also noteworthy at 1.34. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 1 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for PAAS is 362.33M, and at present, short sellers hold a 2.43% of that float. The average trading volume of PAAS on September 03, 2024 was 3.65M shares.
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PAAS) stock’s latest price update
Pan American Silver Corp (NYSE: PAAS)’s stock price has plunge by -6.23relation to previous closing price of 20.21. Nevertheless, the company has seen a -11.28% plunge in its stock price over the last five trading sessions. zacks.com reported 2024-08-23 that Pan American Silver (PAAS) to focus on core operations with the divestment of its Joaquin and Cerro Puntudo projects in Argentina.
PAAS’s Market Performance
PAAS’s stock has fallen by -11.28% in the past week, with a monthly drop of -9.76% and a quarterly drop of -12.71%. The volatility ratio for the week is 2.36% while the volatility levels for the last 30 days are 4.17% for Pan American Silver Corp The simple moving average for the last 20 days is -6.83% for PAAS stock, with a simple moving average of 7.80% for the last 200 days.
Analysts’ Opinion of PAAS
Many brokerage firms have already submitted their reports for PAAS stocks, with Jefferies repeating the rating for PAAS by listing it as a “Hold.” The predicted price for PAAS in the upcoming period, according to Jefferies is $14 based on the research report published on February 29, 2024 of the current year 2024.
RBC Capital Mkts gave a rating of “Outperform” to PAAS, setting the target price at $22 in the report published on January 11th of the previous year.
PAAS Trading at -10.65% from the 50-Day Moving Average
After a stumble in the market that brought PAAS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.92% of loss for the given period.
Volatility was left at 4.17%, however, over the last 30 days, the volatility rate increased by 2.36%, as shares sank -3.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.88% lower at present.
During the last 5 trading sessions, PAAS fell by -10.46%, which changed the moving average for the period of 200-days by +36.22% in comparison to the 20-day moving average, which settled at $20.31. In addition, Pan American Silver Corp saw 16.04% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PAAS
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.13 for the gross margin
The net margin for Pan American Silver Corp stands at -0.05. The total capital return value is set at 0.02. Equity return is now at value -2.65, with -1.58 for asset returns.
Based on Pan American Silver Corp (PAAS), the company’s capital structure generated 0.14 points at debt to capital in total, while cash flow to debt ratio is standing at 0.67. The debt to equity ratio resting at 0.16. The interest coverage ratio of the stock is 2.67.
Currently, EBITDA for the company is 561.1 million with net debt to EBITDA at 0.73. When we switch over and look at the enterprise to sales, we see a ratio of 2.87. The receivables turnover for the company is 12.75for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.06.
Conclusion
In summary, Pan American Silver Corp (PAAS) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
