How Analysts Feel About Pan American Silver Corp. (USA) After Today’s Bullish Options Activity?

 How Analysts Feel About Pan American Silver Corp. (USA) After Today's Bullish Options Activity?

In today’s session Pan American Silver Corp. (USA) (PAAS) registered an unusually high (1,015) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious PAAS increase. With 1,015 contracts traded and 7824 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: PAAS161021C00016000 closed last at: $0.4 or 0% . About 657,013 shares traded hands. Pan American Silver Corp. (USA) (NASDAQ:PAAS) has risen 52.51% since March 14, 2016 and is uptrending. It has outperformed by 46.90% the S&P500.

Analysts await Pan American Silver Corp. (USA) (NASDAQ:PAAS) to report earnings on November, 10. They expect $0.08 earnings per share, up 233.33% or $0.14 from last year’s $-0.06 per share. PAAS’s profit will be $12.11M for 49.53 P/E if the $0.08 EPS becomes a reality. After $0.13 actual earnings per share reported by Pan American Silver Corp. (USA) for the previous quarter, Wall Street now forecasts -38.46% negative EPS growth.

Pan American Silver Corp. (USA) (NASDAQ:PAAS) Ratings Coverage

Out of 5 analysts covering Pan American Silver Corp. (NASDAQ:PAAS), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. Pan American Silver Corp. has been the topic of 17 analyst reports since August 13, 2015 according to StockzIntelligence Inc. The rating was maintained by RBC Capital Markets with “Sector Perform” on Monday, June 13. The stock has “Mkt Perform” rating given by FBR Capital on Thursday, January 28. The stock of Pan American Silver Corp. (USA) (NASDAQ:PAAS) has “Market Perform” rating given on Tuesday, August 23 by BMO Capital Markets. The stock has “Sector Perform” rating given by RBC Capital Markets on Thursday, September 17. The rating was upgraded by Deutsche Bank to “Buy” on Thursday, August 13. The stock of Pan American Silver Corp. (USA) (NASDAQ:PAAS) has “Buy” rating given on Monday, October 3 by Deutsche Bank. The stock of Pan American Silver Corp. (USA) (NASDAQ:PAAS) earned “Outperform” rating by BMO Capital Markets on Thursday, May 12. FBR Capital maintained Pan American Silver Corp. (USA) (NASDAQ:PAAS) on Wednesday, July 20 with “Mkt Perform” rating. The firm has “Outperformer” rating given on Friday, April 8 by IBC. The rating was upgraded by IBC to “Sector Perform” on Monday, February 22.

According to Zacks Investment Research, “PAN AMER SILVER is a mining company focused exclusively on silver. Pan American Silver Corp. is founded upon a single mission, to become the best vehicle for equity investors wanting to gain real exposure to higher silver prices. To accomplish this they are striving to increase their low-cost silver production, to have the most successful silver exploration programs, to hold the largest silver reserves and resources, and to be the purest of the world’s large silver producers.”

Pan American Silver Corp. 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 has a market cap of $2.40 billion. The Company’s primary product (silver) is produced in Peru, Mexico, Argentina and Bolivia. It currently has negative earnings. The Firm has project development activities in Peru, Mexico and Argentina, and exploration activities throughout South America, Mexico, and the United States.

PAAS Company Profile

Pan American Silver Corp. (Pan American), incorporated on March 7, 1979, 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. The Firm has project development activities in Peru, Mexico and Argentina, and exploration activities throughout South America, Mexico, and the United States. The Company’s properties consist of the Huaron and Morococha mines located in Peru, the Alamo Dorado, La Colorada and Dolores mines located in Mexico, the San Vicente mine located in Bolivia and the Manantial Espejo mine located in Argentina. The Company’s subsidiaries include Pan American Silver Huaron S.A. (PAS Huaron), Compania Minera Argentum S.A., Minera Corner Bay S.A. de C.V., Plata Panamericana S.A. de C.V., Compania Minera Dolores S.A. de C.V., Minera Triton Argentina S.A. (MTA), Pan American Silver (Bolivia) S.A. (PASB) and Minera Argenta S.A.

More news for Pan American Silver Corp. (USA) (NASDAQ:PAAS) were recently published by: Fool.ca, which released: “Why Pan American Silver Corp. Is a Solid Opportunity to Cash in on the Rally …” on January 23, 2015. Benzinga.com‘s article titled: “Silver Will Become Hot Commodity Amid Market Uncertainty” and published on June 28, 2016 is yet another important article.

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