Zacks Rating on Pan American Silver (PAAS)

Pan American Silver (PAAS) : The consensus on Pan American Silver (PAAS) based on 8 analyst recommendation on the company stock is 2.5, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 1 which endorses a Strong Buy on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Pan American Silver (PAAS).

Pan American Silver (PAAS) : The highest short term price target forecast on Pan American Silver (PAAS) is $21 and the lowest target price is $11. A total of 7 equity analysts are currently covering the company. The average price of all the analysts is $15.27 with a standard deviation of $3.59.


Pan American Silver Corp. has dropped 6.62% in the last five trading days, however, the shares have posted positive gains of 12.29% in the last 4 weeks. Pan American Silver Corp. is up 42.03% in the last 3-month period. Year-to-Date the stock performance stands at 201.79%. Pan American Silver (NASDAQ:PAAS): On Tuesdays trading session , Opening price of the stock was $20.49 with an intraday high of $20.57. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $19.46. However, the stock managed to close at $19.56, a loss of 4.72% for the day. On the previous day, the stock had closed at $20.53. The total traded volume of the day was 4,052,178 shares.

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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