National Bank Financial Issues Positive Forecast for Pan American Silver (TSE:PAAS) Stock Price

Pan American Silver (TSE:PAAS) had its target price boosted by equities researchers at National Bank Financial from C$95.00 to C$110.00 in a report released on Friday,BayStreet.CA reports. National Bank Financial’s price objective suggests a potential upside of 17.70% from the company’s previous close.

Separately, Jefferies Financial Group cut their price objective on shares of Pan American Silver from C$58.00 to C$54.00 in a report on Wednesday, January 21st. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Pan American Silver has a consensus rating of “Buy” and an average target price of C$69.67.

Pan American Silver Stock Up 1.2%

Shares of PAAS traded up C$1.09 during midday trading on Friday, hitting C$93.46. 660,607 shares of the company’s stock traded hands, compared to its average volume of 1,136,975. The company has a current ratio of 2.06, a quick ratio of 0.88 and a debt-to-equity ratio of 17.60. The stock has a market capitalization of C$39.43 billion, a price-to-earnings ratio of 36.51, a price-to-earnings-growth ratio of 24.57 and a beta of 1.65. Pan American Silver has a 1 year low of C$29.31 and a 1 year high of C$95.39. The firm’s fifty day moving average is C$78.60 and its 200-day moving average is C$61.81.

Pan American Silver (TSE:PAAS) last announced its earnings results on Wednesday, February 18th. The company reported C$1.52 earnings per share for the quarter. Pan American Silver had a negative return on equity of 1.02% and a negative net margin of 1.78%.The firm had revenue of C$1.57 billion for the quarter. As a group, sell-side analysts anticipate that Pan American Silver will post 1.9192235 earnings per share for the current year.

About Pan American Silver

Pan American Silver Corp is a mining company focused exclusively on the exploration and development of silver mines. It produced roughly 22 million ounces of silver in 2011. The company operates primarily in Central and South America. It also sells the byproducts from its silver mining operations, including zinc, lead, copper, and gold. Pan American Silver is based in British Columbia.