PAAS - Pan American Silver Corp.
| Previous close | 17.49 |
| Open | 17.53 |
| Bid | 17.57 x 800 |
| Ask | 17.58 x 800 |
| Day's range | 17.50 - 17.60 |
| 52-week range | 13.99 - 19.56 |
| Volume | 137,990 |
| Avg. volume | 1,146,301 |
| Market cap | 2.736B |
| Beta | 0.63 |
| PE ratio (TTM) | 18.10 |
| EPS (TTM) | 0.97 |
| Earnings date | N/A |
| Forward dividend & yield | 0.14 (0.79%) |
| Ex-dividend date | 2018-05-21 |
| 1y target est | 20.52 |
Associated Press•23 days agoCanadian mine latest business affected by Mexico violence
MEXICO CITY (AP) — Canada's Pan American Silver Corp. said it is cutting back operations at its mine in northern Mexico due to safety concerns, the latest in a series of major businesses that have been frightened off by unsafe conditions in Mexico.
- Market Realist•29 days ago
US Dollar at a 5-Month High, Gold at 5-Month Low
Besides overall market volatility, the most important determinant of precious metal prices, especially gold’s (IAU) (SLV), is the US dollar. As gold prices reached a five-month low, the US dollar reached a five-month high against a basket of six major world currencies. The US dollar (UUP), as represented by the DXY Currency Index, has risen ~3.6% over the last month.
- Market Realist•last month
How Fall in Gold Prices Is Affecting Miners
It seems that the rout in precious metals has also plagued the performance of precious metal mining companies. In this article, we’ll discuss Sibanye Gold (SBGL), Gold Fields (GFI), Yamana Gold (AUY), and Pan American Silver (PAAS), which have fallen 40.9%, 15.8%, and 10.3%, respectively. PAAS has risen 12.8% on a YTD basis.
- Market Realist•last month
Silver: The Second-Favorite Metal
With continuing downward sentiment in precious metals, it’s important to look at what large traders and hedge funds are doing with their positions in metals. This article focuses on silver, which is predominantly a precious metal and acts as a buffer along with gold during market unrest. Silver was trading at $16.4 per ounce as of 9:00 AM. The resistance level for silver is at a 50-day moving average of $16.55.
- Market Realist•last month
How the Correlation of Miners Moved amid Choppy Markets
In this part of the series, we’ll look at the correlation between gold and four mining stocks: Franco-Nevada (FNV), Randgold Resources (GOLD), Yamana Gold (AUY), and Pan American Silver (PAAS). For the most part, mining stocks move in tandem with gold prices. Among these four miners, Pan American Silver demonstrated the highest correlation with gold this year, while Franco-Nevada displayed the lowest correlation.
- Zacks•last month
Pan American Silver (PAAS) Q1 Earnings Top, Profits Up Y/Y
Higher revenues and lower costs drive Pan American Silver's (PAAS) earnings in Q1.
- Market Realist•last month
Reading the Gold-Palladium Ratio
Whereas palladium has been the strongest among the four precious metals over the last month, it has fallen 7.2% year-to-date, possibly due lower car demand in China. Palladium was trading at $1,002 on May 10, while gold was trading at $1,321. Like silver, palladium often leans more toward its industrial use than its precious-metal status. Palladium, which is used as a catalyst in diesel engines, was supported by demand for diesel vehicles rising in 2017.
- Market Realist•last month
Can Silver Miners Rebound in 2018 after a Long Dry Spell?
Miners are usually a leveraged play on metals, rising by a higher proportion when metal prices rise and falling harder when metal prices weaken. This trend hasn’t been visible lately as company-specific factors exerted more influence on stock prices. In 2018, the iShares Silver Funds ETF (SLV), which tracks spot silver prices, has fallen 2.8%.
- Market Realist•last month
The Most Crucial Determinant of Gold Prices
Another crucial factor behind precious metals’ rise was the US dollar index, which fell 0.42% on May 10. The DXY had gained over the last month, rising 3.4%, while gold fell 1.6%. Over the past few months, the US dollar (UUP) has been the most critical driver of gold prices.
- Motley Fool•last month
Shares of Pan American Silver Surge on Earnings Announcement, Mine Restart
The company easily beat adjusted EPS expectations and resolved one of its biggest operational issues in the past 24 hours. Not too shabby.
- Associated Press•last month
Pan American Silver: 1Q Earnings Snapshot
The Vancouver, British Columbia-based company said it had profit of 31 cents per share. Earnings, adjusted for non-recurring gains, came to 20 cents per share. The results exceeded Wall Street expectations. ...
- Market Realist•last month
How Precious Metals Are Moving in Relation to Core Indicators
Silver traded at $16.40 per ounce, its RSI level was 42.2, and its implied volatility was 17.2%. The drop in gold and silver was primarily due to the revival of the US dollar (UUP). The chart above depicts the inverse relationship between gold and the dollar over the last month.
- Zacks•last month
Mining Stocks Q1 Earnings Roster for May 9: FNV, PAAS, AG
With the earnings projections for the Basic Materials sector looking promising for the first quarter-2018, it will be interesting to see how some mining stocks fare when they report on May 9.
- Market Realist•last month
US Jobs Data in April: Reading between the Lines
The Bureau of Labor Statistics released US jobs data for April 2018 on May 4. The data was mixed. The US economy added fewer jobs than expected in April. While economists were expecting 192,000 payroll additions, actual additions came in at 164,000. The job gains in April came from manufacturing, healthcare, and the professional and business services sector.
- Market Realist•2 months ago
How Precious Metals and Miners Are Reacting in May
Gold rose 0.62% on Thursday, May 3, after a flat day on Wednesday. Gold futures for May expiration closed at $1,312.10 per ounce. Its RSI level was 30.9, which indicates that there could be a possible rebound in price.
- Market Realist•2 months ago
How Is Platinum Performing in 2018 So Far?
Depressed platinum prices are a major concern for platinum miners in Africa. Platinum, like palladium, is used to cut down carbon monoxide emissions and as an autocatalyst in vehicle engines. The platinum market has been in short supply for the last few years.
- Market Realist•2 months ago
Reading Mining Companies’ Technical Indicators
During the last month, the market unrest had a significant effect on precious metals, which caused them to rise. However, the previous week was choppy for precious metals, and the US dollar rebounded substantially, which had a negative impact. Most mining companies also faced the adverse effects of the precious metals slump.
Market Realist•2 months agoHow Miners’ Correlations to Gold Are Trending amid Metal Slump
In this part of our series, we’ll be looking at the correlation of gold to four mining stocks: Pan American Silver (PAAS), Coeur Mining (CDE), Kinross Gold (KGC), and Eldorado Gold (EGO). Mining stocks mostly move with gold prices but not always.
- Market Realist•2 months ago
All 4 Precious Metals in the Red: Is There Hope for Revival?
Precious metals had yet another down day on Wednesday, slumping for the second day in a row. Gold was down 0.77% on Wednesday to close at $1,321.2 an ounce. It touched its lowest mark of $1,320, and its RSI level was at 48.6. The implied volatility in gold remained at 10.3%. Silver was also down 1.2%. Silver’s losses have exceeded gold’s losses in the last few days. The RSI level for silver was at 53.3, and its volatility was at 17.1%.
- Market Realist•2 months ago
Miners’ Technicals amid the Precious Metal Slump
Recent market unrest had a significant effect on precious metals, which increased. However, the US dollar has strengthened recently, which has had a negative impact on precious metals. The settling of the market unrest could have also caused a withdrawal of haven bids.
Market Realist•2 months agoMining Shares’ Technicals and How They’re Moving
The recent unrest in the markets has had a significant effect on precious metals and mining companies. The US dollar has a prominent role in influencing dollar-denominated precious metals and mining stocks.
- Market Realist•2 months ago
How Gold and Silver Performed amid Geopolitical Tensions
The past one month has been good for precious metals with the exception of platinum. Gold, silver, and palladium have increased a whopping 3%, 6.4%, and 4.4%, respectively, during the last 30 trading days. Platinum has dropped about 0.97% during the same timeframe.
- Market Realist•2 months ago
A Correlation Analysis of Precious Metal Miners
In this part of our series, we’ll be looking at the correlation between gold and four mining stocks: Alamos Gold (AGI), Sibanye Gold (SBGL), Yamana Gold (AUY), and Pan American Silver (PAAS). Mining stocks mostly move with gold prices but not always. Among these four miners, Pan American Silver has shown the highest correlation to gold, while Alamos Gold has seen the lowest correlation on a YTD (year-to-date) basis.
- Market Realist•2 months ago
Why Downbeat March Jobs Report Might Not Be Enough to Move Gold
The Bureau of Labor Statistics released US jobs data for March 2018 on April 6. The job growth was weaker than expected. The US added 103,000 jobs in March as compared to upwardly revised 326,000 jobs the previous month. The economists were expecting an addition of 185,000 jobs in March, as per Bloomberg. While a slowdown was expected in March due to February’s surge underpinned by hiring due to unseasonably warm weather, the decline was more than what the market expected. The unemployment rate has remained at 4.1% for six months. The Fed is forecasting a rate of 3.8% by the end of this year.
- Market Realist•2 months ago
Following Metals, Miners Saw an Upswing on April 11
Usually, precious metals mining companies follow precious metals. When precious metals rose on April 11, 2018, miners followed suit. Most miners saw an up day on April 11, though that may not always be the case.
