Closing Bell Recap: Pan American Silver Corp (PAAS) Ends at 23.57, Reflecting a -2.52 Downturn

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Pan American Silver Corp (NYSE: PAAS) closed the day trading at $23.57 down -2.52% from the previous closing price of $24.18. In other words, the price has decreased by -$2.52 from its previous closing price. On the day, 3.69 million shares were traded. PAAS stock price reached its highest trading level at $24.22 during the session, while it also had its lowest trading level at $23.325.

Ratios:

For a better understanding of PAAS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 267.67. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 2.11. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.16.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on February 29, 2024, initiated with a Hold rating and assigned the stock a target price of $14.

RBC Capital Mkts Upgraded its Sector Perform to Outperform on January 11, 2023, whereas the target price for the stock was revised from $19 to $22.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PAAS now has a Market Capitalization of 8775158784 and an Enterprise Value of 9064560640. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.39 while its Price-to-Book (P/B) ratio in mrq is 1.83. Its current Enterprise Value per Revenue stands at 3.587 whereas that against EBITDA is 14.637.

Stock Price History:

Over the past 52 weeks, PAAS has reached a high of $24.27, while it has fallen to a 52-week low of $12.16. The 50-Day Moving Average of the stock is 12.92%, while the 200-Day Moving Average is calculated to be 42.95%.

Shares Statistics:

Over the past 3-months, PAAS traded about 4.44M shares per day on average, while over the past 10 days, PAAS traded about 4080266 shares per day. A total of 364.66M shares are outstanding, with a floating share count of 362.28M. Insiders hold about 0.18% of the company’s shares, while institutions hold 55.78% stake in the company. Shares short for PAAS as of 1719532800 were 11144913 with a Short Ratio of 2.51, compared to 1717113600 on 9977395.

Dividends & Splits

PAAS’s forward annual dividend rate is 0.40, up from 0.4 a year ago. Against a Trailing Annual Dividend Yield of 0.016542597The stock’s 5-year Average Dividend Yield is 1.62.

Most Popular