Evaluating the Impact of 10.55 Increase on Pan American Silver Corp’s (PAAS) Stock

The stock of Pan American Silver Corp (PAAS) has seen a 9.66% increase in the past week, with a 16.13% gain in the past month, and a 6.78% flourish in the past quarter. The volatility ratio for the week is 4.33%, and the volatility levels for the past 30 days are at 3.64% for PAAS.. The simple moving average for the past 20 days is 11.76% for PAAS’s stock, with a 31.65% simple moving average for the past 200 days.

Is It Worth Investing in Pan American Silver Corp (NYSE: PAAS) Right Now?

The stock has a 36-month beta value of 1.35. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for PAAS is 362.33M, and at present, short sellers hold a 2.52% of that float. On October 21, 2024, the average trading volume of PAAS was 3.29M shares.

PAAS) stock’s latest price update

The stock of Pan American Silver Corp (NYSE: PAAS) has increased by 10.55 when compared to last closing price of 22.08.Despite this, the company has seen a gain of 9.66% in its stock price over the last five trading days. zacks.com reported 2024-10-10 that The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

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 16.76% 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 able to rebound, for now settling with 0.58% of gains for the given period.

Volatility was left at 3.64%, however, over the last 30 days, the volatility rate increased by 4.33%, as shares surge +14.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.38% upper at present.

During the last 5 trading sessions, PAAS rose by +9.66%, which changed the moving average for the period of 200-days by +60.38% in comparison to the 20-day moving average, which settled at $21.84. In addition, Pan American Silver Corp saw 49.48% 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 3.63. 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

To sum up, Pan American Silver Corp (PAAS) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Related Posts