A share price of Pan American Silver Corp [PAAS] is currently trading at $24.10, up 1.26%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PAAS shares have gain 6.59% over the last week, with a monthly amount drifted -7.80%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Jefferies started tracking the stock with Hold rating on February 29, 2024, and set its price target to $14. RBC Capital Mkts upgraded its rating to a Outperform and increased its price target to $22 on January 11, 2023. Canaccord Genuity upgraded its rating to a Buy but $30 remained the price target by the analyst firm on May 12, 2022. Canaccord Genuity downgraded its rating to Hold for this stock on February 25, 2022.
Pan American Silver Corp experienced fluctuations in its stock price throughout the past year between $17.86 and $28.60. 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 $24.10 at the most recent close of the market. An investor can expect a potential drop of -0.41% based on the average PAAS price forecast.
Analyzing the PAAS fundamentals
Trailing Twelve Months sales for Pan American Silver Corp [NYSE:PAAS] were 2.99B which represents 28.57% growth. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.07 and Total Capital is 0.11. 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.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Pan American Silver Corp [NYSE:PAAS] is 2.93. Further, the Quick Ratio stands at 1.94, while the Cash Ratio is 1.26. Considering the valuation of this stock, the price to sales ratio is 2.92, the price to book ratio is 1.81 and price to earnings (TTM) ratio is 28.10.
