Pan American Silver (PAAS) : During the past 4 weeks, traders have been relatively bearish on Pan American Silver (PAAS), hence the stock is down -16.85% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.55% relative to the S&P 500. The 4-week change in the price of the stock is -18.54% and the stock has fallen -5.05% in the past 1 week.
The stock has recorded a 20-day Moving Average of 9.32% and the 50-Day Moving Average is 10.75%.The 200 Day SMA reached 30.81% Pan American Silver Corp. is up 12.64% in the last 3-month period. Year-to-Date the stock performance stands at 161.06%.
Pan American Silver (PAAS) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $24 and the lowest price target forecast is $11. The average forecast of all the analysts is $16.36 and the expected standard deviation is $4.54.
Company shares have received an average consensus rating of Hold for the current week Pan American Silver (NASDAQ:PAAS): stock was range-bound between the intraday low of $16.7101 and the intraday high of $17.4701 after having opened at $17.14 on Fridays session. The stock finally closed in the red at $17.14, a loss of -2.76%. The stock remained in the red for the whole trading day. The total traded volume was 3,876,184 shares. The stock failed to cross $17.4701 in Fridays trading. The stocks closing price on Thursday was $16.92.
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.