Headlines about Pan American Silver (NASDAQ:PAAS) (TSE:PAAS) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pan American Silver earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave media coverage about the basic materials company an impact score of 44.7098327699506 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Pan American Silver (NASDAQ:PAAS) traded up $0.20 during midday trading on Monday, reaching $16.11. The company’s stock had a trading volume of 1,925,340 shares, compared to its average volume of 1,578,239. The stock has a market cap of $2,440.00, a PE ratio of 26.41, a PEG ratio of 5.25 and a beta of 0.20. Pan American Silver has a fifty-two week low of $13.99 and a fifty-two week high of $21.29.
Pan American Silver (NASDAQ:PAAS) (TSE:PAAS) last released its quarterly earnings results on Wednesday, November 8th. The basic materials company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.02. The business had revenue of $190.79 million during the quarter, compared to analysts’ expectations of $199.43 million. Pan American Silver had a return on equity of 5.12% and a net margin of 12.23%. The firm’s revenue for the quarter was down 18.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.24 EPS. equities analysts forecast that Pan American Silver will post 0.5 EPS for the current fiscal year.
Several analysts recently issued reports on PAAS shares. Royal Bank of Canada set a $22.00 target price on Pan American Silver and gave the company a “buy” rating in a research note on Tuesday, December 5th. Scotiabank set a $21.00 target price on Pan American Silver and gave the company a “buy” rating in a research note on Monday, January 8th. Zacks Investment Research raised Pan American Silver from a “hold” rating to a “buy” rating and set a $19.00 target price on the stock in a research note on Thursday, January 25th. Citigroup raised Pan American Silver to an “outperform” rating in a research note on Tuesday, November 21st. Finally, Canaccord Genuity reissued a “buy” rating and set a $19.00 target price on shares of Pan American Silver in a research note on Friday, January 12th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and thirteen have assigned a buy rating to the company. Pan American Silver presently has a consensus rating of “Buy” and an average target price of $20.91.
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Pan American Silver Company Profile
Pan American Silver Corp. is a silver production company. The Company is principally engaged in the operation and development of, and exploration for, silver producing properties. The Company’s segments include Peru, Mexico, Argentina and Bolivia. The Company also produces and sells gold, zinc, lead and copper.
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