Pan American Silver Corp (PAAS)’s latest performance is not what we had anticipated

Pan American Silver Corp (NYSE: PAAS) kicked off on Tuesday, down -5.24% from the previous trading day, before settling in for the closing price of $20.21. Over the past 52 weeks, PAAS has traded in a range of $12.16-$24.27.

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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 27.95%. While this was happening, its average annual earnings per share was recorded 410.41%. With a float of $362.33 million, this company’s outstanding shares have now reached $364.66 million.

The extent of productivity of a business whose workforce counts for 19920 workers is very important to gauge. In terms of profitability, gross margin is 12.66%, operating margin of 5.55%, and the pretax margin is 2.06%.

Pan American Silver Corp (PAAS) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Gold Industry. The insider ownership of Pan American Silver Corp is 0.19%, while institutional ownership is 60.85%.

Pan American Silver Corp (PAAS) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.01 earnings per share (EPS), lower than consensus estimate (set at 0.11) by -0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.38 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 410.41% per share during the next fiscal year.

Pan American Silver Corp (NYSE: PAAS) Trading Performance Indicators

Take a look at Pan American Silver Corp’s (PAAS) current performance indicators. Last quarter, stock had a quick ratio of 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.70. Likewise, its price to free cash flow for the trailing twelve months is 60.84.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.35, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 1.43 in one year’s time.

Technical Analysis of Pan American Silver Corp (PAAS)

The latest stats from [Pan American Silver Corp, PAAS] show that its last 5-days average volume of 2.95 million was inferior to 4.2 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 11.04%. Additionally, its Average True Range was 0.83.

During the past 100 days, Pan American Silver Corp’s (PAAS) raw stochastic average was set at 20.12%, which indicates a significant increase from 10.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.20% in the past 14 days, which was lower than the 48.69% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $21.18, while its 200-day Moving Average is $17.60. Now, the first resistance to watch is $19.73. This is followed by the second major resistance level at $20.32. The third major resistance level sits at $20.77. If the price goes on to break the first support level at $18.69, it is likely to go to the next support level at $18.24. Assuming the price breaks the second support level, the third support level stands at $17.65.

Pan American Silver Corp (NYSE: PAAS) Key Stats

The company with the Market Capitalisation of 6.95 billion has total of 362,963K Shares Outstanding. Its annual sales at the moment are 2,316 M in contrast with the sum of -103,700 K annual income. Company’s last quarter sales were recorded 686,300 K and last quarter income was -21,900 K.