15.24 +0.04 (0.26%)
After hours: 6:37PM EST
|Bid||14.50 x 100|
|Ask||15.60 x 200|
|Day's range||14.95 - 15.29|
|52-week range||14.05 - 21.29|
|PE ratio (TTM)||19.44|
|Forward dividend & yield||0.10 (0.66%)|
|1y target est||21.09|
As we analyze the performance of the precious metals market, it's crucial to look at the core mining stocks and also their technical details.
Mining stocks' performance usually depends on precious metals' performance. However, the two can deviate. Correlation analysis can give investors some perspective on how mining stocks relate to gold and ...
A study of the correlation of mining shares to gold is important since it gives investors an idea of the directional move of miners compared to gold.
AngloGold Ashanti and Pan American Silver have seen YTD losses of 8% and 3%, respectively, while Kinross and Silver Wheaton have seen gains of 38.3% and 4.2%.
The mining-based funds that have strong correlations with precious metals include the VanEck Vectors Gold Miners ETF (GDX) and the Global X Silver Miners ETF (SIL).
Pan American Silver has solid prospects, but there's a different way to go about getting precious metals exposure that you should know about
Despite organic mine-expansion efforts, Pan American Silver missed a key mark in its third-quarter earnings report.
On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 11 cents. Earnings, adjusted for non-recurring costs, were 15 cents per share. The results topped Wall Street expectations. ...
Pan American Silver (PAAS) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.
The iShares Gold Trust (IAU) and the iShares Silver Trust (SLV) have risen 1.1% and 3.2%, respectively, on a 30-day-trailing basis.
On October 11, 2017, Randgold Resources, Pan American Silver, Barrick Gold, and Kinross Gold had implied volatility readings of 25.0%, 34.0%, 29.1%, and 41.6%, respectively.
The last few days have seen a rise in precious metal prices. However, on Wednesday, October 11, 2017, the prices of these loved metals fell.
Because silver can act as a leveraged play on gold prices, silver prices usually follow gold prices but with greater intensity. This has not been the case so far in 2017, as silver has underperformed gold....
On September 29, Alamos, First Majestic Silver, Franco-Nevada, and Pan American had call implied volatilities of 46.9%, 54.6%, 25.5%, and 34%, respectively.
The negative sentiment toward gold prevailed on Friday, September 29, the last trading day of the month. Gold futures for November expiration fell 0.3%.