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Is Pan American Silver Corp. (PAAS) Getting More Institutional Investors? - News RTS

Pan American Silver Corp. (NASDAQ: PAAS) is -16.42% lower on its value in year-to-date trading and has touched a low of $10.26 and a high of $26.20 in the current 52-week trading range. The PAAS stock was last observed hovering at around $21.32 in the last trading session, with the day’s loss setting it -1.52% off its average median price target of $25.85 for the next 12 months. It is also 38.13% off the consensus price target high of $32.00 offered by 12 analysts, but current levels are 3.41% higher than the price target low of $20.50 for the same period.

Currently trading at $19.80, the stock is -14.62% and -13.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.54 million and changing -7.13% at the moment leaves the stock 13.42% off its SMA200. PAAS registered 48.20% gain for a year compared to 6-month gain of 5.83%. The firm has a 50-day simple moving average (SMA 50) of $22.74 and a 200-day simple moving average (SMA200) of $17.50.

The stock witnessed a -11.80% loss in the last 1 month and extending the period to 3 months gives it a 4.98%, and is -21.49% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.55% over the week and 4.14% over the month.

Pan American Silver Corp. (PAAS) has around 4530 employees, a market worth around $4.10B and $1.35B in sales. Current P/E ratio is 36.94 and Fwd P/E is 15.68. Profit margin for the company is 2.60%. Distance from 52-week low is 92.98% and -24.43% from its 52-week high. The company has generated returns on investments over the last 12 months (1.40%).

Pan American Silver Corp. (PAAS) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Pan American Silver Corp. (PAAS) is a “Overweight”. 12 analysts offering their recommendations for the stock have an average rating of 2.40, where 3 rate it as a Hold and 0 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Pan American Silver Corp. is expected to release its quarterly report on 05/06/2020 and earnings per share for the current quarter are estimated at $0.15 with sales reaching $381.43M over the same period. The EPS is expected to shrink by -91.50% this year, but quarterly earnings will post 21.40% year-over-year. Quarterly sales are estimated to grow 59.10% in year-over-year returns.

Pan American Silver Corp. (PAAS) Top Institutional Holders

383 institutions hold shares in Pan American Silver Corp. (PAAS), with 3.8M shares held by insiders accounting for 1.81% while institutional investors hold 65.33% of the company’s shares. The shares outstanding are 207.05M, and float is at 205.81M with Short Float at 4.74%. Institutions hold 64.14% of the Float.

The top institutional shareholder in the company is Van Eck Associates Corporation with over 25.74 million shares valued at $609.86 million. The investor’s holdings represent 12.27% of the PAAS Shares outstanding. As of Dec 30, 2019, the second largest holder is Renaissance Technologies, LLC with 6.34 million shares valued at $150.3 million to account for 3.02% of the shares outstanding. The other top investors are Blackrock Inc. which holds 5.97 million shares representing 2.84% and valued at over $141.41 million, while Vanguard Group, Inc. (The) holds 2.72% of the shares totaling 5.71 million with a market value of $135.23 million.

Pan American Silver Corp. (PAAS): Who are the competitors?

The company’s main competitors (and peers) include Alexco Resource Corp. (AXU) that is trading 12.88% up over the past 12 months. Coeur Mining Inc. (CDE) is -12.97% down on the 1-year trading charts. Short interest in the company’s stock has fallen -29.77% from the last report on Jan 14, 2020 to stand at a total of 13.12 million short shares sold with a short interest ratio of 3.64.

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Is Pan American Silver Corp. (PAAS) Getting More Institutional Investors? - News RTS
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