While Pan American Silver Corp has overperformed by 6.81%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PAAS fell by -0.57%, with highs and lows ranging from $19.84 to $12.16, whereas the simple moving average jumped by 29.90% in the last 200 days.
On February 29, 2024, Jefferies started tracking Pan American Silver Corp (NYSE: PAAS) recommending Hold. RBC Capital Mkts also Upgraded PAAS shares as ‘Outperform’, setting a target price of $22 on the company’s shares in a report dated January 11, 2023. Canaccord Genuity February 25, 2022d its ‘Buy’ rating to ‘Hold’ for PAAS, as published in its report on February 25, 2022. RBC Capital Mkts’s report from June 02, 2021 suggests a price prediction of $36 for PAAS shares, giving the stock a ‘Sector Perform’ rating. National Bank Financial also rated the stock as ‘Outperform’.
Analysis of Pan American Silver Corp (PAAS)
With PAAS’s current dividend of $0.40 per share, investors can expect to earn a return regardless of performance. Further, the quarter-over-quarter increase in sales is 78.34%, showing a positive trend in the upcoming months.
Pan American Silver Corp’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -2.98% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.09, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and PAAS has an average volume of 4.00M. On a monthly basis, the volatility of the stock is set at 3.83%, whereas on a weekly basis, it is put at 5.17%, with a gain of 22.23% over the past seven days. Furthermore, long-term investors anticipate a median target price of $20.07, showing growth from the present price of $19.30, which can serve as yet another indication of whether PAAS is worth investing in or should be passed over.
How Do You Analyze Pan American Silver Corp Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.23%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 58.35% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
PAAS shares are owned by institutional investors to the tune of 58.35% at present.
