PAAS Stock Summary and Trading Ideas (Pan American Silver Corp. | NYSE:PAAS)

Pan American Silver Corp is a mining company principally engaged in the operation and development of, and exploration for, silver and gold-producing properties and assets. The company's principal products are silver and gold, although it also produces and sells zinc, lead, and copper. Its operating mines comprise La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, and San Vicente mines.

Pan American Silver Corp. trades on the NYSE stock market under the symbol PAAS.

As of February 7, 2025, PAAS stock price declined to $24.65 with 1,645,274 million shares trading.

PAAS has a beta of 0.98, meaning it tends to be less sensitive to market movements. PAAS has a correlation of 0.09 to the broad based SPY ETF.

PAAS has a market cap of $8.95 billion. This is considered a Mid Cap stock.

Last quarter Pan American Silver Corp. reported $716 million in Revenue and $.32 earnings per share. This fell short of revenue expectation by $-294 million and exceeded earnings estimates by $.05.

In the last 3 years, PAAS traded as high as $30.56 and as low as $12.16.

The top ETF exchange traded funds that PAAS belongs to (by Net Assets): GDX, GDXJ, SIL, DFIV, DFIC.

PAAS has outperformed the market in the last year with a price return of +87.8% while the SPY ETF gained +23.6%. PAAS has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +10.1% and +13.0%, respectively, while the SPY returned +2.4% and -1.0%, respectively.

PAAS support price is $24.14 and resistance is $25.46 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PAAS shares will trade within this expected range on the day.