Pan American Silver Corp. (NASDAQ:PAAS) has received an average rating of “Hold” from the fourteen brokerages that are presently covering the stock. Nine research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $19.14.

Several equities research analysts recently issued reports on the stock. BMO Capital Markets lowered shares of Pan American Silver Corp. from an “outperform” rating to a “market perform” rating and set a $24.00 price objective for the company. in a research note on Tuesday, August 23rd. FBR & Co set a $21.00 price objective on shares of Pan American Silver Corp. and gave the company a “hold” rating in a research note on Thursday, August 18th. TD Securities reaffirmed a “hold” rating and issued a $23.00 price objective (up previously from $18.00) on shares of Pan American Silver Corp. in a research note on Tuesday, August 16th. Zacks Investment Research raised shares of Pan American Silver Corp. from a “hold” rating to a “strong-buy” rating and set a $22.00 price objective for the company in a research note on Tuesday, July 19th. Finally, Scotiabank raised shares of Pan American Silver Corp. from a “sector perform” rating to an “outperform” rating in a research note on Wednesday, July 13th.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Moors & Cabot Inc. increased its position in Pan American Silver Corp. by 5.3% in the second quarter. Moors & Cabot Inc. now owns 11,850 shares of the company’s stock valued at $191,000 after buying an additional 600 shares during the last quarter. Oxbow Advisors LLC increased its position in Pan American Silver Corp. by 8.6% in the second quarter. Oxbow Advisors LLC now owns 15,600 shares of the company’s stock valued at $257,000 after buying an additional 1,230 shares during the last quarter. Aperio Group LLC increased its position in Pan American Silver Corp. by 0.8% in the first quarter. Aperio Group LLC now owns 172,055 shares of the company’s stock valued at $1,870,000 after buying an additional 1,432 shares during the last quarter. AXA increased its position in Pan American Silver Corp. by 0.3% in the first quarter. AXA now owns 631,726 shares of the company’s stock valued at $6,897,000 after buying an additional 1,700 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in Pan American Silver Corp. by 22.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,900 shares of the company’s stock valued at $162,000 after buying an additional 1,804 shares during the last quarter. Institutional investors own 48.40% of the company’s stock.

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Shares of Pan American Silver Corp. (NASDAQ:PAAS) traded up 4.431% during trading on Wednesday, reaching $18.077. 2,593,027 shares of the company’s stock were exchanged. The company’s market capitalization is $2.75 billion. The company has a 50 day moving average price of $19.01 and a 200-day moving average price of $15.64. Pan American Silver Corp. has a 52-week low of $5.38 and a 52-week high of $21.59.

Pan American Silver Corp. (NASDAQ:PAAS) last released its quarterly earnings data on Thursday, August 11th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.10. Pan American Silver Corp. had a negative net margin of 24.35% and a negative return on equity of 0.26%. On average, equities analysts forecast that Pan American Silver Corp. will post $0.47 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 6th. Stockholders of record on Tuesday, August 23rd were issued a dividend of $0.0125 per share. The ex-dividend date of this dividend was Friday, August 19th. This represents a $0.05 annualized dividend and a dividend yield of 0.29%. Pan American Silver Corp.’s payout ratio is -4.59%.

Pan American Silver Corp. Company Profile

Pan American Silver Corp. (Pan American) is engaged in the production and sale of silver, gold and base metals including copper, lead and zinc, as well as other related activities, including exploration, extraction, processing, refining and reclamation. The Company’s primary product (silver) is produced in Peru, Mexico, Argentina and Bolivia.

5 Day Chart for NASDAQ:PAAS

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