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A Tale of Resilience: Pan American Silver Corp. Amid Stock Market Turbulence

Pan American Silver Corp. (PAAS) current stock price is $15.44. During the last trading session, the stock soared, reaching $15.775 after opening at $15.61….

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This article was originally published by Invest Chronicle

Pan American Silver Corp. (PAAS) current stock price is $15.44. During the last trading session, the stock soared, reaching $15.775 after opening at $15.61. The stock’s lowest point was $15.35 before it closed at $15.78.

Pan American Silver Corp.’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $19.84 on 04/13/23, with the lowest value being $13.40 on 11/09/22.

52-week price history of PAAS Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Pan American Silver Corp.’s current trading price is -22.20% away from its 52-week high, while its distance from the 52-week low is 15.22%. The stock’s price range for this period has remained between $13.40 and $19.84. The Basic Materials sector company’s shares managed to surpass a trading volume of around 4.53 million for the day, which was noticeably higher compared to the shares’ average daily volume of 3.5 million over the last three months.

Financial Performance and Market Capitalization

Pan American Silver Corp. (PAAS) has experienced a quarterly decline of -7.10% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.52B and boasts a workforce of 6200 employees.

Analysts’ Ratings For Pan American Silver Corp.

As of right now, 7 analysts are rating Pan American Silver Corp. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 16.37, with a change in price of -2.02. Similarly, Pan American Silver Corp. recorded 4,094,706 in trading volume during the last 100 days, posting a change of -11.57%.

PAAS Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for PAAS stands at 0.23. Similarly, the long-term debt-to-equity ratio is also 0.22.

PAAS Stock Stochastic Average

As of today, the raw stochastic average of Pan American Silver Corp. over the last 50 days is at 47.31%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 20.79%. Further, the company’s Stochastic %K and %D values for the last 20 days were 32.64% and 30.54%, respectively.

PAAS Stock Price Performance Analysis

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Until today this year the stock’s price performance recorded a decrease of -5.51%. However, over the last six months, the performance has been stronger by -5.28%. The price of PAAS decreased -4.04% over the last 30 days. And in the last five days, it has surged by 0.78%.

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