PAAS stock: buy or sell?
August 22nd, 2019
Pan American Silver Corp., together with its subsidiaries, engages in exploration, extraction, processing, refining, and reclamation of silver mines.
Should I buy PAAS stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Pan American Silver stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Pan American Silver stock a buy?
Financial institutions and banks publish stock ratings everyday.At Stocks2.com, we detected 8 ratings published for PAAS stock in the last month. The general sentiment of these ratings is bullish for PAAS stock, with 4 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-19||National Bank Financial||n/a||Sector Perform|
|2019-3-26||National Bank Financial||n/a||Sector Perform|
PAAS stock analysis
Shares of Pan American Silver closed today at $16.70 and depreciated a lame -1.12%.
Shares of Pan American Silver depreciated a lame -1.12% and closed at $16.70. Since price and SMA200d lines crossed up on Jul 16th, PAAS climbed $3.54 (26.90%). For the last 23 days when SMA50d and SMA100d crossed up, PAAS price gained $0.83 per share (5.23%).
Pan American Silver appreciated a tiny 1.21% this week. Early August PAAS climbed a phenomenal 5.58% in just one week.
Pan American Silver stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Since mid July when PAAS stock price broke up the SMA40w line, it gained $3.65 (27.97%).
PAAS stock price history
PAAS stock went public on June 12th, 1995 with a price of $4.241. Since then, PAAS stock grew a 293.90%, with a yearly average of 12.20%. If you had invested $1,000 in PAAS stock in 1995, it would worth $2,939.00 today.
1: Adjusted price after possible price splits or reverse-splits.
PAAS stock historical price chart
PAAS stock reached 52-week highs on August/12 at $17.45, and all-time highs 2008-03-14 with a price of 37.38.
PAAS stock price target is $18.10Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' PAAS stock price predictions in the hope that they will be met as they may be wrong and not met. We have 6 price targets for PAAS stock released in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-9||TD Securities||Raises Target||$20.00||$22.00||10%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Pan American Silver missed the estimates of the analysts and posted a chilling EPS of $-0.01 per share when experts were expecting $0.03.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Pan American Silver annual turnover depreciated a tragic -3.96% to $784.50 million USD from $816.83 marked in 2017. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) plunged a -13.50% to 1.31%.
|2013||$850 M||-||$-459.40 M-54.1%||-|
|2014||$752 M||-11.49%||$-545.59 M-72.6%||18.76%|
|2015||$675 M||-10.27%||$-226.65 M-33.6%||-58.46%|
|2016||$775 M||14.83%||$100 M12.9%||-144.16%|
|2017||$817 M||5.43%||$121 M14.8%||20.89%|
|2018||$784 M||-3.96%||$10 M1.3%||-91.49%|
Quarterly financial resultsPan American Silver reported $173.36 M in revenues for 2018-Q4, a -7.65% less compared to previous quarter. Reported quarter income marked $-63.81 million with a profit margin of -36.81%. Profit margin collapsed a -31.77% compared to previous quarter when profit margin was -5.04%. When comparing revenues to same quarter last year, Pan American Silver sales marked a spooky slide and plummed a -23.30%. Looking back to recent quarterly results, Pan American Silver posted 2 negative quarters in a row.
|2017-Q1||$263 M||-||$26 M9.8%||-|
|2017-Q2||$271 M||2.95%||$48 M17.6%||86.04%|
|2017-Q3||$191 M||-29.52%||$17 M9.0%||-63.82%|
|2017-Q4||$226 M||18.47%||$49 M21.6%||183.33%|
|2018-Q1||$207 M||-8.44%||$47 M22.9%||-3.10%|
|2018-Q2||$216 M||4.59%||$36 M16.7%||-23.62%|
|2018-Q3||$188 M||-13.28%||$-9 M-5.0%||-126.14%|
|2018-Q4||$173 M||-7.65%||$-64 M-36.8%||574.51%|
Pan American Silver ownershipWhen you are planning to invest in a company, it's worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Pan American Silver, 1.64% of all outstanding shares are owned by its staff.
In case of Pan American Silver stock, 46.46% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for PAAS stock account 0.00%, no big difference from last month.
For a better understanding, the next table shows ownership data compared to other related companies:
|Market cap||$2.6 B||$2.1 B||$199.8 M||$1.0 B||$787.7 M|
|Total shares||153.3 M||200.6 M||101.9 M||205.1 M||486.2 M|
|Float shares||205.2 M||179.1 M||105.2 M||218.4 M||483.9 M|
|- Institutional holdings (%)||46.5%||0.0%||0.0%||72.6%||65.5%|
|- Insider holdings (%)||1.6%||0.0%||0.0%||1.8%||1.6%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Thursday, August 22nd, 2019|
|Day range||$16.67 - $16.90|
|Average true range||$0.65|
|50d mov avg||$14.63|
|100d mov avg||$13.26|
|200d mov avg||$13.54|
Pan American Silver performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We picked First Majestic Silver, Alexco Resource, Coeur Mining, Hecla Mining, MAG Silver, SSR Mining, Silvercorp Metals and Wheaton Precious Metals as the bechmarking frame for Pan American Silver stock.
|PAASPan American Silv...||59.50%||17.77%||6.71%|
|AGFirst Majestic Si...||84.13%||58.66%||89.47%|
|WPMWheaton Precious ...||33.69%||22.25%||52.56%|