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The Significance of Moving Averages in Pan American Silver Corp. Inc. (PAAS) Price Performance

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic….

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This article was originally published by Invest Chronicle

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 5.14%.However, over the last six months, we can see a weaker performance of 6.05%. Over the last 30 days, the price of PAAS has leaped by -4.61%. And in the last five days, it has fallen by -3.65%.

Pan American Silver Corp. (PAAS) currently has a stock price of $17.18. The stock saw a sharp increase in the last trading session, hitting a high of $17.28 after opening at $17.22. The lowest recorded price for the day was $16.75 before it closed at $17.26.

Pan American Silver Corp.’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $26.12 on 05/05/22, and the lowest price during the same period was recorded at $13.40 on 11/09/22.

52-week price history of PAAS Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Pan American Silver Corp.’s current trading price is -34.23% away from its 52-week high, while its distance from the 52-week low is 28.21%. The stock’s price range over this timeframe has been between $13.40 and $26.12. The shares of the Basic Materials sector company recorded a trading volume of approximately 3.41 million for the day, which was comparatively lower than the average daily volume of 4.73 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Pan American Silver Corp. (PAAS) has experienced a quarterly decline of -9.63% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.34B and boasts a workforce of 6200 employees.

Expert Opinions: 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.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 17.24, with a change in price of +1.93. Similarly, Pan American Silver Corp. recorded 4,373,054 in trading volume during the last 100 days, posting a change of +12.66%.

PAAS’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for PAAS stands at 0.10. Similarly, the long-term debt-to-equity ratio is also 0.09.

PAAS Stock Stochastic Average

Pan American Silver Corp.’s raw stochastic average for the past 50 days is currently at 50.97%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 13.89%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 13.36% and 11.37%, respectively.

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