Recent extremely meaningful positive changes in fundamentals have benefitted Pan American Silver Corp (NYSE: PAAS): the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
PAAS is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Pan American Silver has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Pan American Silver has a slightly positive Appreciation Score of 70 but a poor Power Rating of 30, with the Neutral Value Trend Rating the result.
Recent Price Action
Pan American Silver Corp (NYSE: PAAS) stock rose slightly by 0.3% on 4/26/24. The stock closed at $19.02. However, trading volume in this advance was unusually low at 50% of normal. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
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