The price of PAAS is predicted to go up -1.6%, based on the high correlation periods with TFSL. The similarity of these two price pattern on the periods is 98.02%.
PAAS
TFSL
Down: -1.6%Similarity: 98.02%
PAAS Revenue Forecast
PAAS EPS Forecast
PAAS FAQs
What is bull’s view on PAAS?
PAAS stock is viewed positively by bulls due to its strong fundamentals and favorable market conditions. Analysts from RBC Capital and Scotiabank maintain a "Buy" rating with a price target of $28.00, citing robust silver and gold production growth and operational improvements at key mines like La Colorada. With the stock currently trading at $21.84, this represents a potential upside of approximately 28%, supported by rising silver demand in industrial applications and renewable energy sectors.
What is bear's view on PAAS?
PAAS stock is currently trading at $23.23, down 3.73% in regular trading on January 31, 2025. The bearish view stems from its inability to sustain momentum despite strong Q4 production results, with silver output at 6M ounces. Resistance near $24.50 and declining RSI suggest further downside risk, potentially testing $22.50 support.
What is PAAS revenue forecast for next quarter?
The market consensus for PAAS's revenue in the upcoming quarter is projected to be approximately $660.924M USD.
What is PAAS eps forecast for next quarter?
The market consensus for PAAS's eps in the upcoming quarter is projected to be approximately $0.21 USD.
Jefferies analyst Matthew Murphy raised the firm's price target on Pan American Silver to $23 from $21 and keeps a Hold rating on the shares. Rather than cooling down, gold has been trading with higher torque to falling real rates, notes the firm, which thinks gold can continue to gain in the near-term. The firm has updated its commodity price outlook and hiked targets on the metals and miner equities covered by the analyst by an average of 13%.