At the time of writing, Pan American Silver Corp [PAAS] stock is trading at $22.70, up 6.03%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PAAS shares have gain 4.66% over the last week, with a monthly amount drifted -7.01%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Pan American Silver Corp [NYSE: PAAS] stock has seen the most recent analyst activity on February 29, 2024, when Jefferies initiated its Hold rating and assigned the stock a price target of $14. On January 11, 2023, upgrade upgraded it’s rating to Outperform and revised its price target to $22 on the stock. Canaccord Genuity upgraded its rating to a Buy but stick to its price target of $30 on May 12, 2022. Canaccord Genuity downgraded its rating to a Hold. In a note dated May 17, 2021, National Bank Financial upgraded an Outperform rating on this stock.
For the past year, the stock price of Pan American Silver Corp fluctuated between $12.16 and $26.05. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. Pan American Silver Corp [NYSE: PAAS] shares were valued at $22.70 at the most recent close of the market. An investor can expect a potential return of 10.13% based on the average PAAS price forecast.
Analyzing the PAAS fundamentals
According to Pan American Silver Corp [NYSE:PAAS], the company’s sales were 2.67B for trailing twelve months, which represents an 16.19% jump. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.01 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 22.29 points at the first support level, and at 21.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.00, and for the 2nd resistance point, it is at 23.30.
Ratios To Look Out For
It is important to note that Pan American Silver Corp [NYSE:PAAS] has a current ratio of 2.06. In addition, the Quick Ratio stands at 0.96 and the Cash Ratio stands at 0.6. Considering the valuation of this stock, the price to sales ratio is 4.25, the price to book ratio is 1.78.
