Extremely significant positive changes in Pan American Silver Corp (NYSE: PAAS) 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.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Pan American Silver has a good Appreciation Score of 76 and a very high Power Rating of 97, and the Highest Value Trend Rating results.
Recent Price Action
Pan American Silver Corp (NYSE: PAAS) stock closed at $19.84 on 8/13/24 after a slight gain of 0.1%. However, below average trading volume at 69% of normal accompanied the advance. The stock has risen 0.6% during the last week and has been exceptionally strong relative to the market over the last nine months.
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