Could Pan American Silver Corp. See a Reversal After This Very Weak Session?

 Could Pan American Silver Corp. See a Reversal After This Very Weak Session?

The stock of Pan American Silver Corp. (TSE:PAA) is a huge mover today! About 71,811 shares traded hands. Pan American Silver Corp. (TSE:PAA) has risen 29.12% since April 25, 2016 and is uptrending. It has outperformed by 23.86% the S&P500.
The move comes after 6 months negative chart setup for the $3.52 billion company. It was reported on Nov, 29 by Barchart.com. We have $21.66 PT which if reached, will make TSE:PAA worth $140.80 million less.

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

Out of 5 analysts covering Pan American Silver Corp. (TSE:PAA), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. $19 is the highest target while $10 is the lowest. The $13.30 average target is -41.05% below today’s ($22.56) stock price. Pan American Silver Corp. has been the topic of 6 analyst reports since September 1, 2015 according to StockzIntelligence Inc. The stock of Pan American Silver Corp. (TSE:PAA) earned “Outperform” rating by Scotia Capital on Tuesday, September 1. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, February 3 report. JP Morgan initiated the stock with “Neutral” rating in Thursday, February 4 report. On Monday, February 22 the stock rating was upgraded by IBC to “Sector Performer”.

More important recent Pan American Silver Corp. (TSE:PAA) news were published by: Fool.com which released: “Pan American Silver Corp. Is Surging 13% — Here’s Why” on November 15, 2016, also Forbes.com published article titled: “Pan American Silver About To Put More Money In Your Pocket (PAA)”, Nasdaq.com published: “Earnings Reaction History: Pan American Silver Corp, 20.0% Follow-Through …” on November 14, 2016. More interesting news about Pan American Silver Corp. (TSE:PAA) was released by: Nasdaq.com and their article: “Pan American Silver Reaches Analyst Target Price” with publication date: November 23, 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 $3.52 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.TO 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.

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