Central Bank Trust Co Exits Position in Pan American Silver Corp. (USA) (PAAS)

Pan American Silver Corp. (USA) (PAAS) : Central Bank Trust Co has sold out all of its stake in Pan American Silver Corp. (USA) during the most recent quarter, according to the disclosure filed by the company on Oct 7, 2016 with the SEC. The investment management company has sold out 300 shares of Pan American Silver Corp. (USA) which is valued at $4,653.

Other Hedge Funds, Including , Simplex Trading added PAAS to its portfolio by purchasing 69,509 company shares during the most recent quarter which is valued at $1,078,085. Pan American Silver Corp. (USA) makes up approx 0.14% of Simplex Trading’s portfolio. Cardinal Capital Management added PAAS to its portfolio by purchasing 290 company shares during the most recent quarter which is valued at $4,550.Bnp Paribas Arbitrage Sa boosted its stake in PAAS in the latest quarter, The investment management firm added 10,408 additional shares and now holds a total of 25,106 shares of Pan American Silver Corp. (USA) which is valued at $393,913.

Pan American Silver Corp. (USA) opened for trading at $15.77 and hit $16.05 on the upside on Friday, eventually ending the session at $15.51, with a gain of 1.04% or 0.16 points. The heightened volatility saw the trading volume jump to 33,33,369 shares. Company has a market cap of $2,360 M.

On the company’s financial health, Pan American Silver Corp. (USA) reported $0.02 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on May 12, 2016. Analyst had a consensus of $-0.03. The company had revenue of $158.30 million for the quarter, compared to analysts expectations of $165.16 million. The company’s revenue was down -11.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.13 EPS.

Many Wall Street Analysts have commented on Pan American Silver Corp. (USA). Company shares were Reiterated by FBR Capital on Jul 20, 2016 to “Mkt Perform”, Firm has raised the Price Target to $ 19 from a previous price target of $16 .

Pan American Silver Corp (Pan American) is a Canada-based company engaged in the development and exploration of silver producing properties and assets. The Company’s principal product is silver and also produces and sells gold zinc lead and copper. It is engaged in mining operations and is developing mining projects in Mexico Peru Argentina and Bolivia and has control over non-producing silver assets in each of those jurisdictions and in the United States. The Company’s principal products and sources of sales are silver and gold ore as well as silver bearing zinc lead and copper concentrates. It operates among others the Huaron Morococha Alamo Dorado Dolores La Colorada Manantial Espejo and San Vicente mines.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Pan American Silver Corp. (USA) - Is it time to Sell?

Top Brokerage Firms are advising their investors on Pan American Silver Corp. (USA). Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.