Pan American Silver Corp. (NASDAQ:PAAS) saw a downside of -1.17% to close Monday at $23.71 after subtracting -$0.28 on the day. The 5-day average trading volume is 1,993,960 shares of the company’s common stock. It has gained $24.81 in the past week. An average of 1,947,460 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,845,876.
PAAS’s 1-month performance is -5.80% or -$1.46 on its low of $22.27 reached on 10/05/21. The company’s shares have touched a 52-week low of $22.27 and high of $39.62, with the stock’s rally to the 52-week high happening on 02/01/21. YTD, PAAS has lost -31.30% or -$10.80. However, the current price is down -40.16%% from the 52-week high price.
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The company’s PE ratio for the last five years has touched a high of 244.69 and a low of 14.65. PAAS stock has a beta of 1.25. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.35 while the price-to-book (PB) in the most recent quarter is 1.89, with the price to cash flow ratio at 34.43.
Pan American Silver Corp. pays an annual dividend of $0.40 per share. Its dividend yield is 1.69% and the payout ratio is 16.90%. PAAS’s most recent quarterly dividend payment was made on Sep. 3, when it paid $0.10 a share compared with prior rate of $0.07, up 30.0% from last year’s. The company has boosted its dividend for the last 2 consecutive years with the latest dividend increase of $0.03 reported on Thursday August 12 2021. Measured over the last 3 years, the Dividend has been growing by 120.00% yearly.
It is projected that Pan American Silver Corp.’s next ex-dividend date will be on Corp’s. PAAS is expected to distribute $15-Nov as its next dividend.
Pan American Silver Corp.’s quick ratio for the period ended June 29 was 1.20, with the current ratio over the same period at 2.80 meaning that PAAS stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.01, while the total debt to equity was 0.02. In terms of profitability, the gross margin trailing 12 months is 30.70%. The trailing 12-month EBITDA margin is 39.78% while for the period ending June 29; Pan American Silver Corp.’s operating margin was 26.00%. The firm’s gross profit as reported stood at $540.03 million against revenue of $1.34 billion.
For the quarterly period ending June 29 this year, Pan American Silver Corp.’s cash and short-term investments amounted to $17.21 million against total debt of $68.48 million. Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected PAAS to announce $0.34 per share in earnings in its latest quarter, but it posted $0.22, representing a -35.30% surprise. EBITDA for the quarter stood at more than $151.73 million. PAAS stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 814.85 million, with total debt at $68.48 million
Let’s look briefly at Pan American Silver Corp. (PAAS) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 46.20% to suggest the stock is trending Neutral, with historical volatility in this time period at 26.47%.
The stock’s 5-day moving average is $23.66, reflecting a +1.67% or $0.39 change from its current price. PAAS is currently trading -8.35% above its 20-day SMA, -28.30% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -15.53% and -27.67% respectively.
Stochastic %K and %D was 58.76% and 54.02% and the average true range (ATR) pointed at 0.81. The RSI (14) points at 43.63%, while the 14-day stochastic is at 56.02% with the period’s ATR at 0.82. The stock’s 9-day MACD Oscillator is pointing at 0.41 and 0.30 on the 14-day charts.
Analysts offering their rating for PAAS stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate PAAS as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 8 have offered a “buy” rating.
What is PAAS’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $32.00 and a high of $42.00, with their median price target at $36.67. Looking at these predictions, the average price target given by analysts is for Pan American Silver Corp. (PAAS) stock is $36.96.