Market Insight: Pan American Silver Corp (PAAS)’s Notable Drop, Closing at 25.68

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

In the latest session, Pan American Silver Corp (NYSE: PAAS) closed at $25.68 down -1.76% from its previous closing price of $26.14. In other words, the price has decreased by -$1.76 from its previous closing price. On the day, 8.03 million shares were traded.

Ratios:

For a deeper understanding of Pan American Silver Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.69. For the most recent quarter (mrq), Quick Ratio is recorded 1.62 and its Current Ratio is at 2.50. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.16.

On February 29, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $14.

Valuation Measures:

As of this moment, Pan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 83.54, and their Forward P/E ratio for the next fiscal year is 13.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.30 while its Price-to-Book (P/B) ratio in mrq is 1.98.

Stock Price History:

Over the past 52 weeks, PAAS has reached a high of $28.60, while it has fallen to a 52-week low of $17.86. The 50-Day Moving Average of the stock is 2.06%, while the 200-Day Moving Average is calculated to be 13.14%.

Shares Statistics:

A total of 363.04M shares are outstanding, with a floating share count of 361.51M. Insiders hold about 0.17% of the company’s shares, while institutions hold 55.88% stake in the company.

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