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Pan American (PAAS) in Focus: Stock Moves 6.2% Higher

Zacks Equity Research

Pan American Silver Corp. PAAS was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 20.5% in the past one-month time frame.

The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Pan American currently has a Zacks Rank #2 (Buy) while its Earnings ESP is negative.  

Pan American Silver Corp. Price

Pan American Silver Corp. Price

Pan American Silver Corp. price | Pan American Silver Corp. Quote

Another stock worth considering in the Mining – Silver industry is MAG Silver Corporation MAG which carries a Zacks Rank #1 (Strong Buy).You can see the complete list of today’s Zacks #1 Rank stocks here.

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