Alert: Positive Fundamental Signals (7/5/24)-Pan American Silver Corp (NYSE: PAAS)

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Pan American Silver Corp (NYSE: PAAS). Extremely significant positive changes in fundamentals have recently occurred: 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 A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

PAAS’ future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a modest Value Builder.

Pan American Silver has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Pan American Silver has a slightly positive Appreciation Score of 66 and a very high Power Rating of 92, and the Highest Value Trend Rating results.

Recent Price Action

Pan American Silver Corp (NYSE: PAAS) stock enjoyed a large increase of 2.8% on 7/5/24. The stock closed at $21.50. NORMAL trading volume accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 6.9% during the last week.

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