Headlines about Pan American Silver (NASDAQ:PAAS) (TSE:PAAS) have been trending somewhat positive on Friday, Accern Sentiment reports. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Pan American Silver earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned news articles about the basic materials company an impact score of 46.6113735269511 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Pan American Silver traded up $0.43, hitting $17.99, on Friday, MarketBeat reports. 76,019 shares of the company were exchanged, compared to its average volume of 1,035,407. Pan American Silver has a twelve month low of $13.99 and a twelve month high of $19.56. The firm has a market capitalization of $2.68 billion, a price-to-earnings ratio of 35.17, a price-to-earnings-growth ratio of 6.16 and a beta of 0.33.
Pan American Silver (NASDAQ:PAAS) (TSE:PAAS) last released its quarterly earnings data on Wednesday, May 9th. The basic materials company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.04. Pan American Silver had a net margin of 18.19% and a return on equity of 6.35%. The company had revenue of $206.96 million during the quarter, compared to the consensus estimate of $215.73 million. During the same period in the previous year, the firm earned $0.06 earnings per share. Pan American Silver’s revenue for the quarter was up 4.2% on a year-over-year basis. sell-side analysts anticipate that Pan American Silver will post 0.71 earnings per share for the current fiscal year.
A number of brokerages have issued reports on PAAS. BidaskClub cut shares of Pan American Silver from a “hold” rating to a “sell” rating in a research report on Wednesday, June 6th. Canaccord Genuity reissued a “buy” rating and issued a $19.50 price objective on shares of Pan American Silver in a research report on Wednesday, April 4th. ValuEngine raised shares of Pan American Silver from a “sell” rating to a “hold” rating in a research report on Friday, March 23rd. Deutsche Bank cut their price objective on shares of Pan American Silver from $20.00 to $19.00 and set a “buy” rating for the company in a research report on Thursday, March 15th. Finally, Zacks Investment Research lowered shares of Pan American Silver from a “buy” rating to a “hold” rating in a research report on Friday, March 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $21.10.
About Pan American Silver
Pan American Silver Corp., together with its subsidiaries, engages in exploration, extraction, processing, refining, and reclamation of silver mines. The company owns and operates silver mines located in Peru, Mexico, Argentina, and Bolivia. It also produces and sells gold, zinc, lead, and copper. The company holds interests in the La Colorada, Dolores, Alamo Dorado, Huaron, Morococha, Manantial Espejo, and San Vicente mines.
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