A share price of Pan American Silver Corp [PAAS] is currently trading at $25.01, up 2.58%. An important factor to consider is whether the stock is rising or falling in short-term value. The PAAS shares have gain 2.84% over the last week, with a monthly amount glided 14.88%, and seem to be holding up well over a long-time horizon.
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.
Pan American Silver Corp experienced fluctuations in its stock price throughout the past year between $12.19 and $26.05. Currently, Wall Street analysts expect the stock to reach $24 within the next 12 months. Pan American Silver Corp [NYSE: PAAS] shares were valued at $25.01 at the most recent close of the market. An investor can expect a potential drop of -4.04% based on the average PAAS price forecast.
Analyzing the PAAS fundamentals
Trailing Twelve Months sales for Pan American Silver Corp [NYSE:PAAS] were 2.82B which represents 21.73% growth. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.02 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.17.
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 24.33 points at the first support level, and at 23.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.53, and for the 2nd resistance point, it is at 26.05.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Pan American Silver Corp [NYSE:PAAS] is 2.50. On the other hand, the Quick Ratio is 1.62, and the Cash Ratio is 1.26. Considering the valuation of this stock, the price to sales ratio is 3.21, the price to book ratio is 1.93 and price to earnings (TTM) ratio is 81.36.
