PAAS Sees 5% Surge Amid Strong Buy Ratings

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6 hours ago
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Pan American Silver (PAAS, Financial) experienced a significant price surge of 5.02%, with its stock trading at $22.29. The trading volume recorded was 1.85579 million shares, reflecting a turnover rate of 0.51% and a volatility of 5.32%.

According to the latest financial reports, PAAS reported a revenue of $686 million and a net loss of $21.90 million, resulting in a loss of $0.06 per share. The company's gross profit stood at $106 million, with a negative price-to-earnings ratio of 54.30.

Among the eight rating agencies that evaluated the stock, 88% recommended a buy, while 12% suggested holding. Notably, no agency recommended selling.

In the broader gold industry, the overall increase was 0.96%. Stocks such as Austin Gold Corp., Harmony Gold, and Idaho Strategic Resources, Inc. saw substantial gains, while Austin Gold Corp., Fortuna Mining Corp., and Coeur Mining showed high activity levels. Austin Gold Corp., Idaho Strategic Resources, Inc., and Harmony Gold reported significant volatilities of 17.73%, 8.56%, and 6.72%, respectively.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.