National Bank Financial Forecasts PAAS Q4 Earnings

Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) – Investment analysts at National Bank Financial increased their Q4 2024 EPS estimates for shares of Pan American Silver in a report issued on Monday, November 11th. National Bank Financial analyst D. Demarco now anticipates that the basic materials company will earn $0.45 per share for the quarter, up from their previous forecast of $0.43. The consensus estimate for Pan American Silver’s current full-year earnings is $0.67 per share.

PAAS has been the topic of several other research reports. Royal Bank of Canada raised their price target on shares of Pan American Silver from $25.00 to $27.00 and gave the company an “outperform” rating in a report on Tuesday, September 10th. Jefferies Financial Group raised their price target on shares of Pan American Silver from $21.00 to $23.00 and gave the company a “hold” rating in a report on Friday, October 4th. StockNews.com upgraded shares of Pan American Silver from a “hold” rating to a “buy” rating in a report on Tuesday. Finally, Scotiabank raised their price target on shares of Pan American Silver from $23.00 to $26.00 and gave the company a “sector outperform” rating in a report on Tuesday, July 16th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Pan American Silver presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.93.

Pan American Silver Trading Up 1.4 %

NYSE PAAS opened at $22.00 on Wednesday. Pan American Silver has a one year low of $12.16 and a one year high of $26.05. The company’s 50 day moving average price is $22.02 and its 200 day moving average price is $21.25. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.96 and a current ratio of 2.06.

Pan American Silver Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Monday, November 18th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, November 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.82%. Pan American Silver’s dividend payout ratio is currently -235.28%.

Institutional Trading of Pan American Silver

Hedge funds have recently made changes to their positions in the company. Foundry Partners LLC raised its stake in shares of Pan American Silver by 11.6% during the first quarter. Foundry Partners LLC now owns 247,676 shares of the basic materials company’s stock valued at $3,735,000 after purchasing an additional 25,835 shares during the period. Lighthouse Investment Partners LLC acquired a new stake in shares of Pan American Silver during the second quarter worth approximately $990,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Pan American Silver during the second quarter worth approximately $963,000. Cetera Investment Advisers acquired a new stake in shares of Pan American Silver during the first quarter worth approximately $1,565,000. Finally, Stratos Wealth Advisors LLC grew its position in shares of Pan American Silver by 33.4% during the third quarter. Stratos Wealth Advisors LLC now owns 159,268 shares of the basic materials company’s stock worth $3,324,000 after buying an additional 39,873 shares in the last quarter. Hedge funds and other institutional investors own 55.43% of the company’s stock.

Pan American Silver Company Profile

Pan American Silver Corp. engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil. The company was formerly known as Pan American Minerals Corp. and changed its name to Pan American Silver Corp.