Pan American Silver Corp. Given Average Recommendation of “Hold” by Analysts (NASDAQ:PAAS)
Pan American Silver Corp. (NASDAQ:PAAS) has earned a consensus recommendation of “Hold” from the fifteen brokerages that are currently covering the stock, Analyst Ratings Net reports. One analyst has rated the stock with a sell rating, twelve have given a hold rating and one has assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $13.22.
Pan American Silver Corp. (NASDAQ:PAAS) traded up 3.09% on Tuesday, hitting $13.36. 455,182 shares of the company’s stock traded hands. Pan American Silver Corp. has a 52-week low of $9.78 and a 52-week high of $15.63. The stock has a 50-day moving average of $13.00 and a 200-day moving average of $12.41. The company’s market cap is $2.024 billion.
Pan American Silver Corp. (NASDAQ:PAAS) last announced its earnings results on Thursday, May 8th. The company reported $0.06 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.05 by $0.01. The company had revenue of $209.70 million for the quarter, compared to the consensus estimate of $195.62 million. On average, analysts predict that Pan American Silver Corp. will post $0.21 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, June 3rd. Investors of record on Wednesday, May 21st will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date of this dividend is Monday, May 19th.
A number of analysts have recently weighed in on PAAS shares. Analysts at Cowen and Company raised their price target on shares of Pan American Silver Corp. from $12.44 to $12.60 in a research note on Monday. Finally, analysts at CIBC upgraded shares of Pan American Silver Corp. from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, March 18th. They now have a $15.25 price target on the stock, up previously from $10.00.
Pan American Silver Corp. (NASDAQ:PAAS), engaged in the operation and development of, and exploration for, silver producing properties and assets.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.