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Pan American Silver Corp. (PAAS) Stock: Navigating a Year of Volatility

A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Pan American Silver…

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This article was originally published by Invest Chronicle

A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Pan American Silver Corp.’s current trading price is -18.31% away from its 52-week high, while its distance from the 52-week low is 20.98%. The stock’s price range for this time frame has been between $13.40 and $19.84. The trading volume of the company’s shares in the Basic Materials reached around 1.74 million for the day, which was evidently lower than the average daily volume of 3.36 million over the last three months.

The current stock price for Pan American Silver Corp. (PAAS) is $16.21. The stock experienced a significant increase during the last trading session, reaching $15.45 after opening at $15.31. It dipped to a low of $15.11 before ultimately closing at $15.44.

Pan American Silver Corp. had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $19.84 on 04/13/23, while the lowest price during the same period was $13.40 on 11/09/22.

How Financial Performance Impacts Market Capitalization

Pan American Silver Corp. (PAAS) has experienced a quarterly rise of 2.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.97B and boasts a workforce of 6200 employees.

Decoding 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.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 16.21, with a change in price of -2.08. Similarly, Pan American Silver Corp. recorded 3,946,687 in trading volume during the last 100 days, posting a change of -11.30%.

How PAAS’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to 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

Pan American Silver Corp.’s raw stochastic average for the past 50 days is currently at 73.27%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 59.82%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 31.49% and 20.81%, respectively.

PAAS Stock Price Performance Analysis

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The metric has seen a significant loss of -0.79% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 2.86%. Over the past 30 days, the price of PAAS has leaped by -0.43%. And in the last five days, it has surged by 6.30%.

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