Pan American Silver Corp (NYSE:PAAS) has a beta value of 1.34 and has seen 1.07 million shares traded in the recent trading session. The company, currently valued at $8.26B, closed the recent trade at $22.76 per share which meant it gained $0.47 on the day or 2.11% during that session. The PAAS stock price is -6.63% off its 52-week high price of $24.27 and 46.57% above the 52-week low of $12.16. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.2 million shares traded. The 3-month trading volume is 3.36 million shares.
The consensus among analysts is that Pan American Silver Corp (PAAS) is Buy stock at the moment, with a recommendation rating of 1.25. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 5 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.27.
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
Pan American Silver Corp (NYSE:PAAS) trade information
Sporting 2.11% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PAAS stock price touched $22.76 or saw a rise of 1.34%. Year-to-date, Pan American Silver Corp shares have moved 39.38%, while the 5-day performance has seen it change 7.26%. Over the past 30 days, the shares of Pan American Silver Corp (NYSE:PAAS) have changed 8.95%. Short interest in the company has seen 9.12 million shares shorted with days to cover at 3.06.
Wall Street analysts have a consensus price target for the stock at $23, which means that the shares’ value could jump 1.04% from the levels at last check today. The projected low price target is $22.0 while the price target rests at a high of $30.0. In that case, then, we find that the latest price level in today’s session is -31.81% off the targeted high while a plunge would see the stock lose 3.34% from the levels at last check today.
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 20.42% over the past 6 months, with this year growth rate of 433.33%, compared to 16.40% for the industry. Revenue growth from the last financial year stood is estimated to be 20.50%.
1 analysts offering their estimates for the company have set an average revenue estimate of 1B for the current quarter. 1 have an estimated revenue figure of 1.03B for the next ending quarter.
Earnings growth for 2024 is a modest 456.26% while over the next 5 years, the company’s earnings are expected to increase by 9.56%.
PAAS Dividends
Pan American Silver Corp is expected to release its next earnings report on 2024-Nov-05 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.40 at a share yield of 1.76%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 1.67%.
Pan American Silver Corp (NYSE:PAAS)’s Major holders
Insiders own 0.07% of the company shares, while shares held by institutions stand at 61.98% with a share float percentage of 62.02%. Investors are also buoyed by the number of investors in a company, with Pan American Silver Corp having a total of 623.0 institutions that hold shares in the company. The top two institutional holders are VAN ECK ASSOCIATES CORP with over 37.18 million shares worth more than $739.23 million. As of 2024-06-30, VAN ECK ASSOCIATES CORP held 10.2019% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 13.58 million shares as of 2024-06-30. The firm’s total holdings are worth over $269.96 million and represent 3.7256% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VanEck ETF Trust-VanEck Junior Gold Miners ETF and VanEck ETF Trust-VanEck Gold Miners ETF. As of Sep 30, 2024, the former fund manager holds about 4.62% shares in the company for having 16.76 shares of worth $377.22 million while later fund manager owns 16.61 shares of worth $373.98 million as of Sep 30, 2024, which makes it owner of about 4.58% of company’s outstanding stock.
