Can Pan American Silver Corp (PAAS) Future Potential Be Undermined By Current Price Volatility?

Pan American Silver Corp (NYSE:PAAS) has a beta value of 1.38 and has seen 4.51 million shares traded in the last trading session. The company, currently valued at $6.72B, closed the last trade at $18.44 per share which meant it lost -$0.79 on the day or -4.11% during that session. The PAAS stock price is -11.71% off its 52-week high price of $20.60 and 34.06% above the 52-week low of $12.16. The 3-month trading volume is 4.70 million shares.

Pan American Silver Corp (NYSE:PAAS) trade information

Sporting -4.11% in the red in last session, the stock has traded in the red over the last five days, when the PAAS stock price touched $18.44 or saw a rise of 4.9%. Year-to-date, Pan American Silver Corp shares have moved 12.92%, while the 5-day performance has seen it change -0.97%. Over the past 30 days, the shares of Pan American Silver Corp (NYSE:PAAS) have changed 20.92%.

Pan American Silver Corp (PAAS) estimates and forecasts

Figures show that Pan American Silver Corp shares have outperformed across the wider relevant industry. The company’s shares have gained 21.96% over the past 6 months, with this year growth rate of 216.67%, compared to 2.90% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -140.00% and -25.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 12.10%.

1 analysts offering their estimates for the company have set an average revenue estimate of $586.33 million for the current quarter. 1 have an estimated revenue figure of $699.74 million for the next quarter concluding in Jun 2024. Year-ago sales stood $339.99 million and $639.9 million respectively for this quarter and the next, and analysts expect sales will grow by 72.50% for the current quarter and 9.40% for the next.

PAAS Dividends

Pan American Silver Corp is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.30 at a share yield of 1.63%. The company’s dividend yield has gone up over the past 12 months.