With 2.84 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.5 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $14.14 whereas the lowest price it dropped to was $13.78. The 52-week range on PAAS shows that it touched its highest point at $19.84 and its lowest point at $12.16 during that stretch. It currently has a 1-year price target of $19.66. With its current market cap of 5.05 billion, PAAS has annualized dividend of $0.40 while the current yield stands at 2.89%. Beta for the stock currently stands at 1.42.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PAAS was down-trending over the past week, with a drop of -4.55%, but this was up by 9.58% over a month. Three-month performance dropped to -13.01% while six-month performance fell -10.36%. The stock lost -20.73% in the past year, while it has lost -15.25% so far this year. A look at the trailing 12-month EPS for PAAS yields -0.25 with Next year EPS estimates of 0.71. For the next quarter, that number is -0.00. This implies an EPS growth rate of 134.43% for this year and 151.36% for next year.
Float and Shares Shorts:
At present, 364.66 million PAAS shares are outstanding with a float of 363.83 million shares on hand for trading. On Feb 29, 2024, short shares totaled 15.42 million, which was 4.23% higher than short shares on Jan 31, 2024. In addition to PAGS as the firm’s PagSeguro Digital Ltd., PAAS serves as its Pan American Silver Corp.
Institutional Ownership:
Through their ownership of 62.09% of PAAS’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PAAS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
