Large Outflow of Money Witnessed in Pan American Silver

Pan American Silver (PAAS) : The total money flow in Pan American Silver (PAAS) was negative ($0.56 million), showing the domination of sellers in the Monday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $0.67 million. Transactions on upticks were comparatively lower at $0.11 million. The uptick to downtick ratio was 0.16. The total block trades on downticks were valued at $0.58 million. The money flow during block trades was negative ($0.58 million) when the stock traded with a gain of $3 cent. Pan American Silver (PAAS) was $19.05, an increase of 0.16% over the previous days close.


Pan American Silver Corp. is up 48.77% in the last 3-month period. Year-to-Date the stock performance stands at 194.05%. Shares of Pan American Silver Corp. rose by 2.47% in the last five trading days and 28.16% for the last 4 weeks.

Pan American Silver (NASDAQ:PAAS): stock turned positive on Monday. Though the stock opened at $18.85, the bulls momentum made the stock top out at $19.09 level for the day. The stock recorded a low of $18.68 and closed the trading day at $19.07, in the green by 0.26%. The total traded volume for the day was 1,930,000. The stock had closed at $19.02 in the previous days trading.

Pan American Silver Corp (Pan American) is a Canada-based company engaged in the development and exploration of silver producing properties and assets. The Companys 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 Companys 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.

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