Pan American Silver Corp (PAAS) Volatility Hits 3.62% – Here’s What A Good Investor Should Do

Pan American Silver Corp (NYSE:PAAS) at last check was buoying at $18.32 on Thursday, May 02, with a fall of -1.35% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $18.57. Considering stock’s 52-week price range provides that PAAS hit a high price of $20.60 and saw its price falling to a low level of $12.16 during that period. Over a period of past 1-month, stock came adding 8.47% in its value.

With its current market valuation of $6.68 billion. PAAS Stock’s Forward Dividend of 0.30 and its yield of 1.64% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter. Analysts are in estimates of -0.04 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0.38 for current year with estimates of that growing to 1.06 in next year.

Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 586.33M. They suggested that in the process company could generate revenue of as low as 586.33M which could climb up to 586.33M to hit a high. The average estimate is representing an increase of 72.50% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 2.59B in current fiscal year, which will be 12.00% more from revenue generated by the company last year.

In contrast, when we review PAAS stock’s current outlook then short term indicators are assigning it an average of 50% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 50% Buy for it.

Digging deeper we become aware of the PEG ratio of the PAAS stock which is currently positioned at 0. It further provides that stock’s current price level is -2.03% away from its 20-day simple moving average and is 16.03% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 55.99 while volatility remained at 3.62% over the past week which changes to 4.37% when measuring it over the past month. Beta is valued at 1.33, while measure of average true range or ATR is currently at 0.71.

Having a second look at Pan American Silver Corp (NYSE:PAAS) provides that stock’s average daily trading volume for 3 months was 4.75 million. Number of outstanding shares of the stock stood at 364.66 million.

The percentage of outstanding shares held by the insiders is 0.23% while it is 58.60% for the institutional holders. Addition of 12.19% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

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