PAAS stock: buy or sell?

PAAS stock price: $16.70 -1.12% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

3

Shares of Pan American Silver ended today at $16.70 and depreciated a lame -1.12%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.
Is PAAS a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-9TD Securitiesn/aBuy
2019-8-19National Bank Financialn/aSector Perform
2019-4-10Deutsche BankHoldBuy
2019-3-26National Bank Financialn/aSector Perform
2019-3-1B. RileyNeutralNeutral
2019-3-1B. Rileyn/aNeutral
2019-2-22Canaccord Genuityn/aBuy
2019-1-8Canaccord Genuityn/aBuy

PAAS stock analysis

Daily outlook

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%).

PAAS stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $18.10

Nobody 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:
PAAS stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-9TD SecuritiesRaises Target$20.00$22.0010%
2019-4-10Deutsche BankUpgrades$17.50$15.50-11.4%
2019-3-1B. RileyReiterates$22.00$12.50-43.2%
2019-3-1B. RileyInitiatesn/a$12.50-
2019-2-22Canaccord GenuityReiteratesn/a$21.00-
2019-1-8Canaccord GenuityReiteratesn/a$25.00-
(in average)$19.80$18.10-9.0%
The price forecast for Pan American Silver stock is $18.10, moving in a range between $25.00 and $12.50. In average, analysts' outlook on PAAS price forecast is negative, reducing the target by a -9.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On 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.
PAAS earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.12n/a
2017-Q2-n/a0.23n/a
2017-Q3-n/a0.11n/a
2017-Q42018-02-200.190.13-31.6%
2018-Q12018-05-090.180.211.1%
2018-Q22018-08-080.160.2343.8%
2018-Q32018-11-060.07-0.03n/a
2018-Q42019-02-200.03-0.01n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 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%.

PAAS annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
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 M14.83%$100 M12.9%-144.16%
2017$817 M5.43%$121 M14.8%20.89%
2018$784 M-3.96%$10 M1.3%-91.49%

Quarterly financial results

Pan 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.
PAAS quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$263 M-$26 M9.8%-
2017-Q2$271 M2.95%$48 M17.6%86.04%
2017-Q3$191 M-29.52%$17 M9.0%-63.82%
2017-Q4$226 M18.47%$49 M21.6%183.33%
2018-Q1$207 M-8.44%$47 M22.9%-3.10%
2018-Q2$216 M4.59%$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 ownership

When 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:

PAASAGAXUCDEHL
Market cap$2.6 B$2.1 B$199.8 M$1.0 B$787.7 M
Total shares153.3 M200.6 M101.9 M205.1 M486.2 M
Float shares205.2 M179.1 M105.2 M218.4 M483.9 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 selling0.0%0.0%0.0%0.0%0.0%

PAAS summary

Thursday, August 22nd, 2019
Open$16.78
Close$16.70
Day range$16.67 - $16.90
Previous close$16.89
Session gain-1.12%
Average true range$0.65
50d mov avg$14.63
100d mov avg$13.26
200d mov avg$13.54
Daily patternlt03a
Weekly pattern lt06a

Pan American Silver performance

Performance 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.
Stock3m6m12m
PAASPan American Silv...59.50%17.77%6.71%
AGFirst Majestic Si...84.13%58.66%89.47%
AXUAlexco Resource94.06%49.62%70.43%
CDECoeur Mining71.43%-5.93%-12.77%
HLHecla Mining16.55%-37.21%-43.55%
MAGMAG Silver29.83%21.89%50.95%
SSRMSSR Mining43.08%9.17%76.32%
SVMSilvercorp Metals75.47%38.29%39.85%
WPMWheaton Precious ...33.69%22.25%52.56%

Pan American Silver competitors

We selected a few stocks to conform a list of Pan American Silver competitors to review if you are interested in investing in PAAS: