Recent Change of 1.28% in the Pan American Silver Corp. (PAAS) market price might lead to pleasant surprises

Pan American Silver Corp. (PAAS) is priced at $18.18 after the most recent trading session. At the very opening of the session, the stock price was $17.60 and reached a high price of $18.195, prior to closing the session it reached the value of $17.95. The stock touched a low price of $17.435.Recently in News on March 24, 2023, Mexican Federal Economic Competition Commission Approves Pan American Silver’s Arrangement with Yamana and Agnico Eagle. Pan American Declares Dividend with Respect to the First Quarter of 2023. You can read further details here

Pan American Silver Corp. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $30.56 on 04/18/22, with the lowest value was $13.40 for the same time period, recorded on 11/09/22.

Pan American Silver Corp. (PAAS) full year performance was -34.62%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Pan American Silver Corp. shares are logging -40.42% during the 52-week period from high price, and 35.67% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $13.40 and $30.51.

The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 2225414 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Pan American Silver Corp. (PAAS) recorded performance in the market was 11.26%, having the revenues showcasing 8.02% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 3.54B, as it employees total of 6200 workers.

Analysts verdict on Pan American Silver Corp. (PAAS)

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 16.58, with a change in the price was noted +2.02. In a similar fashion, Pan American Silver Corp. posted a movement of +12.46% for the period of last 100 days, recording 4,565,514 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for PAAS is recording 0.10 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.09.

Pan American Silver Corp. (PAAS): Technical Analysis

Raw Stochastic average of Pan American Silver Corp. in the period of last 50 days is set at 80.35%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 96.62%. In the last 20 days, the company’s Stochastic %K was 91.39% and its Stochastic %D was recorded 86.10%.

Let’s take a glance in the erstwhile performances of Pan American Silver Corp., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 11.26%. Additionally, trading for the stock in the period of the last six months notably improved by 16.09%, alongside a downfall of -34.62% for the period of the last 12 months. The shares increased approximately by 3.41% in the 7-day charts and went down by 19.06% in the period of the last 30 days. Common stock shares were driven by 8.02% during last recorded quarter.

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