Pan Amer Silver Corp (NASDAQ:PAAS):
Pan American Silver to Host Investor and Analyst Day on November 21, 2017.
The company is up since yesterday’s close of 14.68.
Pan American Silver Corp., launched on March 7, 1979, is a silver production company. The Company is principally engaged in the operation and development of, and exploration for, silver producing properties. The Business’s segments include Peru, Mexico, Argentina and Bolivia. The Company also produces and sells gold, zinc, lead and copper. The Business’s operating properties in Mexico include La Colorada Mine, Dolores and Alamo Dorado. The Business’s operating properties in Peru include Huaron Mine and Morococha Mine. The Business’s operating properties in Bolivia include San Vicente. The Business’s operating properties in Argentina include Manantial Espejo. The Business’s development properties include Navidad Property. The La Colorada underground silver mine is located in the Chalchihuites district in Zacatecas State, Mexico, approximately 99 kilometers south of Durango and 156 kilometers northwest of Zacatecas. The La Colorada consists of approximately 60 claims totaling approximately 8,400 hectares..
Pan Amer Silver Corp currently has a P/E ratio of 24.40 and market cap is 2.29B. As of the last earnings report the EPS was $0.61 with 153.18M shares outstanding.
Traders are a little more bearish on Pan Amer Silver Corp recently as indicated by the uptick in short interest. The company experienced a rise in short interest between September 29, 2017 and October 13, 2017 of 12.47%. Short shares grew 154,285 over that timeframe. Days to cover decreased 0.0 to 1.0 and the percentage of shorted shares is 0.01% as of October 13.
Brokerage analysts have issued ratings on Pan Amer Silver Corp of late. Equity analyst Royal Bank Of Canada issued a report on PAAS with a rating of “Buy” and establishing a price target of $23.00.
On October 6 Canaccord Genuity maintained a stock rating of “Buy” projecting a price of $23.00. September 20 investment analysts at BMO Capital Markets made no change to the company rating of “Hold” targeting a price of $17.50.
On September 7, 2017 Royal Bank Of Canada maintained a “Outperform” rating on the company.