Pan American Silver Corp (NASDAQ:PAAS) was upgraded by analysts at Thomson Reuters/Verus from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Monday, Analyst Ratings Net reports.
A number of other analysts have also recently weighed in on PAAS. Analysts at Goldman Sachs Group Inc. initiated coverage on shares of Pan American Silver Corp in a research note to investors on Friday, September 20th. They set a “neutral” rating on the stock. Separately, analysts at TheStreet downgraded shares of Pan American Silver Corp from a “hold” rating to a “sell” rating in a research note to investors on Wednesday, September 4th. Finally, analysts at TheStreet downgraded shares of Pan American Silver Corp from a “hold” rating to a “sell” rating in a research note to investors on Tuesday, August 27th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $14.29.
Pan American Silver Corp (NASDAQ:PAAS) opened at 9.90 on Monday. Pan American Silver Corp has a 52-week low of $9.78 and a 52-week high of $22.83. The stock has a 50-day moving average of $11.22 and a 200-day moving average of $12.29. The company’s market cap is $1.499 billion.
Pan American Silver Corp (NASDAQ:PAAS) last announced its earnings results on Thursday, August 15th. The company reported ($0.07) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.05 by $0.12. The company had revenue of $175.60 million for the quarter, compared to the consensus estimate of $200.73 million. During the same quarter last year, the company posted $0.23 earnings per share. Pan American Silver Corp’s revenue was down 12.5% compared to the same quarter last year. Analysts expect that Pan American Silver Corp will post $0.33 EPS for the current fiscal year.
Pan American Silver Corp. (NASDAQ:PAAS), engaged in the operation and development of, and exploration for, silver producing properties and assets.
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