National Bank Financial Forecasts Strong Price Appreciation for Pan American Silver (TSE:PAAS) Stock

Pan American Silver (TSE:PAAS) had its price objective raised by stock analysts at National Bank Financial from C$95.00 to C$110.00 in a note issued to investors on Friday,BayStreet.CA reports. National Bank Financial’s price target would suggest a potential upside of 17.70% from the stock’s previous close.

Separately, Jefferies Financial Group dropped their price target on Pan American Silver from C$58.00 to C$54.00 in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$69.67.

Pan American Silver Trading Up 1.2%

Shares of TSE:PAAS traded up C$1.09 during trading on Friday, reaching C$93.46. 660,607 shares of the company were exchanged, compared to its average volume of 1,136,975. The business’s fifty day simple moving average is C$78.60 and its 200-day simple moving average is C$61.81. The company has a debt-to-equity ratio of 17.60, a current ratio of 2.06 and a quick ratio of 0.88. Pan American Silver has a 12-month low of C$29.31 and a 12-month high of C$95.39. The firm has a market capitalization of C$39.43 billion, a PE ratio of 36.51, a P/E/G ratio of 24.57 and a beta of 1.65.

Pan American Silver (TSE:PAAS) last announced its quarterly earnings data on Wednesday, February 18th. The company reported C$1.52 earnings per share (EPS) for the quarter. The company had revenue of C$1.57 billion for the quarter. Pan American Silver had a negative return on equity of 1.02% and a negative net margin of 1.78%. On average, research analysts anticipate that Pan American Silver will post 1.9192235 EPS for the current year.

Pan American Silver Company Profile

Pan American Silver Corp is a mining company focused exclusively on the exploration and development of silver mines. It produced roughly 22 million ounces of silver in 2011. The company operates primarily in Central and South America. It also sells the byproducts from its silver mining operations, including zinc, lead, copper, and gold. Pan American Silver is based in British Columbia.