Pan American Silver Corp (NYSE:PAAS) shares, rose in value, with the stock price up by 1.88% to the previous day’s close as strong demand from buyers drove the stock to $26.03.
Actively observing the price movement in the recent trading, the stock is buoying the session at $25.55. The PE ratio was 30.35 over 12-month period. Referring to stock’s 52-week performance, its high was $28.60, and the low was $17.86. On the whole, PAAS has fluctuated by 6.64% over the past month.
With the market capitalization of Pan American Silver Corp currently standing at about $9.43 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.40, with its dividend yield at 1.54%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PAAS’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.98, with the price of PAAS currently trading nearly 1.12% and 3.10% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.80, while the 7-day volatility ratio is showing 4.21% which for the 30-day chart, stands at 4.08%. Furthermore, Pan American Silver Corp (PAAS)’s beta value is 0.65, and its average true range (ATR) is 1.13.
A comparison of Pan American Silver Corp (PAAS) with its peers suggests the former has fared considerably weaker in the market. PAAS showed an intraday change of 1.88% in today’s session so far, and over the past year, it grew by 37.72%%.
Data on historical trading for Pan American Silver Corp (NYSE:PAAS) indicates that the trading volumes over the past 3 months, they’ve averaged 4.02 million. According to company’s latest data on outstanding shares, there are 362.19 million shares outstanding.
Nearly 0.17% of Pan American Silver Corp’s shares belong to company insiders and institutional investors own 55.71% of the company’s shares. The stock has risen by 28.73% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PAAS stock heading into the next quarter.
