Pan American Silver (PAAS) stock price rises 1.57%, upcoming earnings report expected to perform well.

From Nasdaq.: 2024-09-20 18:15:21

In the latest trading session, Pan American Silver (PAAS) closed at $21.35, up 1.57% from the previous day. The stock outperformed the S&P 500 (+0.19%), Dow (+0.09%), and Nasdaq (-0.36%). However, over the past month, PAAS has gained only 0.57%, lagging behind the Basic Materials sector and S&P 500.

Analysts are eagerly anticipating Pan American Silver’s upcoming earnings report, with an expected EPS of $0.20, a 1900% increase from last year. Revenue is forecasted to reach $724.96 million, up 17.63% annually. Zacks Consensus Estimates predict full-year earnings of $0.59 per share and revenue of $2.75 billion, a significant increase from the prior year.

The Zacks Rank system ranks Pan American Silver as a #3 (Hold) stock. The Forward P/E ratio stands at 35.69, reflecting a premium compared to the industry average. With a Zacks Industry Rank of 72, the Mining – Silver industry is positioned in the top 29% of all industries, offering valuable insights for investors seeking opportunities.

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Read more at Nasdaq.: Pan American Silver (PAAS) Increases Despite Market Slip: Here’s What You Need to Know