Back to top

Pan American Silver Corp. (PAAS) Jumps: Stock Rises 10.5%
August 11, 2017

Read MoreHide Full Article

Pan American Silver Corp. (PAAS - Free Report) was a big mover last session, as the company saw its shares rise more than 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $15.65 to $16.95 in the past one-month time frame.

The move came after the company reported solid second-quarter 2017 results.

The company has seen a mixed track record when it comes to estimate revisions of one increase and one decrease over the past few months, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Pan American Silver Corp. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Pan American Silver Corp. Price and Consensus

A better-ranked stock in the Basic Materials sector is Golden Star Resources, Ltd. (GSS) which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is PAAS going up? Or down? Predict to see what others think: Up or Down

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>




In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Pan American Silver Corp. (PAAS) - free report >>


More from Zacks Tale of the Tape

You May Like