What’s Ahead for Pan American Silver Corp. After Today’s Huge Increase?


 What's Ahead for Pan American Silver Corp. After Today's Huge Increase?

The stock of Pan American Silver Corp. (TSE:PAA) is a huge mover today! About 49,202 shares traded hands. Pan American Silver Corp. (TSE:PAA) has risen 46.58% since March 10, 2016 and is uptrending. It has outperformed by 40.97% the S&P500.
The move comes after 9 months positive chart setup for the $3.11 billion company. It was reported on Oct, 17 by Barchart.com. We have $26.06 PT which if reached, will make TSE:PAA worth $808.60 million more.

Pan American Silver Corp. (TSE:PAA) Ratings Coverage

Out of 4 analysts covering Pan American Silver Corp. (TSE:PAA), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. $13 is the highest target while $10 is the lowest. The $11.40 average target is -44.87% below today’s ($20.68) stock price. Pan American Silver Corp. has been the topic of 5 analyst reports since September 1, 2015 according to StockzIntelligence Inc. The firm has “Sector Performer” rating by IBC given on Monday, February 22. The firm has “Outperform” rating by Scotia Capital given on Tuesday, September 1. The stock has “Sector Perform” rating given by RBC Capital Markets on Wednesday, February 3. JP Morgan initiated Pan American Silver Corp. (TSE:PAA) on Thursday, February 4 with “Neutral” rating.

More important recent Pan American Silver Corp. (TSE:PAA) news were published by: Forbes.com which released: “See How Pan American Silver Corp. Ranks Among Analysts’ Top Metals Picks” on January 13, 2016, also Prnewswire.com published article titled: “Pan American Silver Corp. – Early Warning Report”, Nasdaq.com published: “Earnings Reaction History: Pan American Silver Corp, 33.3% Follow-Through …” on August 11, 2016. More interesting news about Pan American Silver Corp. (TSE:PAA) was released by: Bloomberg.com and their article: “Silver Producer Seeks Macri Magic to End Argentine Mining Ban” with publication date: September 13, 2016.

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 $3.11 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.

PAA Company Profile

Plains All American Pipeline, L.P., incorporated on September 17, 1998, owns and operates midstream energy infrastructure and provide logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. The Firm operates through three divisions: Transportation, Facilities, and Supply and Logistics. Through its divisions, the Company is engaged in the transportation, storage, terminalling and marketing of crude oil, NGL and natural gas. The majority of its activities are focused on crude oil, which is the principal feedstock used by refineries in the production of transportation fuels. The Firm owns a network of pipeline transportation, terminalling, storage and gathering assets in crude oil and NGL producing basins and transportation corridors and at market hubs in the United States and Canada.

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