Pan American Silver Corp. (NASDAQ:PAAS)’s share price was up 4.7% on Wednesday . The company traded as high as $19.07 and last traded at $19.00, with a volume of 1,536,736 shares changing hands. The stock had previously closed at $18.14.

A number of equities analysts recently weighed in on PAAS shares. Royal Bank Of Canada raised their price objective on Pan American Silver Corp. from $8.00 to $12.00 in a report on Tuesday, April 12th. Zacks Investment Research raised Pan American Silver Corp. from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a report on Friday, April 22nd. HSBC reissued a “buy” rating on shares of Pan American Silver Corp. in a report on Thursday, July 7th. Deutsche Bank AG cut Pan American Silver Corp. from a “buy” rating to a “hold” rating and set a $10.50 price objective on the stock. in a report on Wednesday, March 23rd. Finally, TheStreet raised Pan American Silver Corp. from a “sell” rating to a “hold” rating in a report on Monday, April 18th. Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $13.31.

The firm has a 50 day moving average price of $15.58 and a 200 day moving average price of $11.70. The firm’s market cap is $2.90 billion.

Pan American Silver Corp. (NASDAQ:PAAS) last released its quarterly earnings data on Thursday, May 12th. The company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.08. During the same period last year, the company earned ($0.13) EPS. The business earned $158.30 million during the quarter, compared to the consensus estimate of $161.12 million. The business’s revenue was down 11.1% on a year-over-year basis. Equities research analysts anticipate that Pan American Silver Corp. will post $0.16 earnings per share for the current year.

Other institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in shares of Pan American Silver Corp. by 9.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 525,377 shares of the company’s stock worth $3,415,000 after buying an additional 45,051 shares during the last quarter. Bank of Montreal Can raised its position in shares of Pan American Silver Corp. by 98.3% in the fourth quarter. Bank of Montreal Can now owns 296,295 shares of the company’s stock worth $1,926,000 after buying an additional 146,866 shares during the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp raised its position in shares of Pan American Silver Corp. by 12.6% in the fourth quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 219,200 shares of the company’s stock worth $1,975,000 after buying an additional 24,500 shares during the last quarter. Teacher Retirement System of Texas purchased a new position in shares of Pan American Silver Corp. during the fourth quarter worth approximately $1,950,000. Finally, Commerzbank Aktiengesellschaft FI raised its position in shares of Pan American Silver Corp. by 8.8% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 490,372 shares of the company’s stock worth $3,187,000 after buying an additional 39,793 shares during the last quarter.

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.

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