A statement released earlier today by Deutsche Bank about Pan Am Silver (NASDAQ:PAAS) ups the target price to $20.00
- Updated: October 3, 2016
Stating a potential upside of 0.14%, Deutsche Bank increased the target price of Pan Am Silver (NASDAQ:PAAS) to $20.00
Yesterday Pan Am Silver (NASDAQ:PAAS) traded -0.65% lower at $17.62. The company’s 50-day moving average is $18.61 and its 200-day moving average is $16.01. The last closing price is up 9.36% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,276,101 shares of the stock were exchanged, down from an average trading volume of 2,841,120
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Pan Am Silver has a 52 week low of $5.38 and a 52 week high of $21.59 The company’s market cap is currently $0.
Also covering Pan Am Silver's target, a total of 10 equity analysts have released a research note on PAAS. The one year target is $16.15 with 0 firms rating the stock a strong buy, 2 firms rating the stock a buy, 7 analysts rating the company a hold, one analyst rating the company a underperform, and lastly zero analysts rating the company a sell.
General Company Details For Pan Am Silver (NASDAQ:PAAS)
Pan American Silver Corp. (Pan American) is engaged in the production and sale of silver, gold and base metals including copper, lead and zinc, as well as other related activities, including exploration, extraction, processing, refining and reclamation. The Company's primary product (silver) is produced in Peru, Mexico, Argentina and Bolivia. The Company has project development activities in Peru, Mexico and Argentina, and exploration activities throughout South America, Mexico, and the United States. The Company's properties consist of the Huaron and Morococha mines located in Peru, the Alamo Dorado, La Colorada and Dolores mines located in Mexico, the San Vicente mine located in Bolivia and the Manantial Espejo mine located in Argentina. The Company's subsidiaries include Pan American Silver Huaron S.A., Compania Minera Argentum S.A., Minera Corner Bay S.A. de C.V., Plata Panamericana S.A. de C.V. and Minera Argenta S.A.
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