Pan American Silver Corp. (NASDAQ:PAAS) will be announcing its Q316 earnings results on Tuesday, November 15th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $185.61 million for the quarter.

Earnings History for Pan American Silver Corp. (NASDAQ:PAAS)

Pan American Silver Corp. (NASDAQ:PAAS) opened at 15.99 on Friday. The firm has a 50-day moving average of $16.48 and a 200 day moving average of $16.89. The company’s market capitalization is $2.43 billion. Pan American Silver Corp. has a one year low of $5.38 and a one year high of $21.59.

A number of brokerages recently weighed in on PAAS. Canaccord Genuity began coverage on shares of Pan American Silver Corp. in a research report on Tuesday, October 25th. They set a “hold” rating and a $17.50 price objective on the stock. TD Securities restated a “hold” rating and set a $23.00 price objective (up previously from $18.00) on shares of Pan American Silver Corp. in a research report on Tuesday, August 16th. BMO Capital Markets downgraded shares of Pan American Silver Corp. from an “outperform” rating to a “market perform” rating and set a $24.00 price objective on the stock. in a research report on Tuesday, August 23rd. Zacks Investment Research downgraded shares of Pan American Silver Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, November 3rd. Finally, Deutsche Bank AG upgraded shares of Pan American Silver Corp. from a “hold” rating to a “buy” rating and increased their price objective for the company from $14.50 to $20.00 in a research report on Monday, October 3rd. Nine analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Pan American Silver Corp. presently has a consensus rating of “Hold” and an average target price of $19.63.

Several hedge funds have recently made changes to their positions in the company. Guggenheim Capital LLC boosted its stake in shares of Pan American Silver Corp. by 31.6% in the second quarter. Guggenheim Capital LLC now owns 290,238 shares of the company’s stock worth $4,774,000 after buying an additional 69,626 shares during the period. Visium Asset Management LP bought a new position in Pan American Silver Corp. during the second quarter valued at $3,701,000. Marshall Wace LLP bought a new position in Pan American Silver Corp. during the second quarter valued at $2,637,000. Spark Investment Management LLC bought a new position in Pan American Silver Corp. during the second quarter valued at $1,251,000. Finally, Profund Advisors LLC boosted its position in Pan American Silver Corp. by 37.5% in the second quarter. Profund Advisors LLC now owns 33,587 shares of the company’s stock valued at $553,000 after buying an additional 9,154 shares during the last quarter. 48.36% of the stock is owned by hedge funds and other institutional investors.

About Pan American Silver Corp.

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.

5 Day Chart for NASDAQ:PAAS

Receive News & Stock Ratings for Pan American Silver Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pan American Silver Corp. and related stocks with our FREE daily email newsletter.