RBC Capital analyst Michael Siperco maintained a Buy rating on Pan American Silver (PAAS – Research Report) on April 19 and set a price target of $20.00. The company’s shares closed yesterday at $18.24.
According to TipRanks, Siperco is a 3-star analyst with an average return of 1.2% and a 49.50% success rate. Siperco covers the Basic Materials sector, focusing on stocks such as Hecla Mining Company, New Gold, and Pan American Silver.
Currently, the analyst consensus on Pan American Silver is a Strong Buy with an average price target of $19.76.
The company has a one-year high of $20.60 and a one-year low of $12.06. Currently, Pan American Silver has an average volume of 4.65M.
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PAAS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Pan American Silver (PAAS) Company Description:
Pan American Silver Corp. engages in the exploration, development, extraction, processing, refining, and reclamation of mineral properties. It owns and operates silver mines located in Peru, Mexico, Argentina, and Bolivia. The company was founded by Ross J. Beaty and John J. Wright in April 1994 and is headquartered in Vancouver, Canada.
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