Pan American Silver (PAAS) closed at $55.39 on the latest trading session, reflecting a 2.9% increase, surpassing the S&P 500’s marginal 0.03% decline. The company’s stock has surged 26.39% over the past month, significantly outperforming the Basic Materials sector’s 9.22% rise and the S&P 500’s 2.57% increase.
Investors anticipate Pan American Silver’s upcoming earnings report, projected for release soon. Analysts forecast an earnings per share (EPS) of $0.87, a remarkable 148.57% increase compared to the same quarter last year, alongside expected revenue of $1.09 billion—up 33.53% year-over-year. For the full year, estimates indicate earnings of $2.21 per share and revenue of $3.52 billion, representing increases of 179.75% and 24.81%, respectively.
Currently, Pan American Silver has a Zacks Rank of #1 (Strong Buy) and a Forward P/E ratio of 24.31, compared to its industry’s ratio of 25.42, indicating favorable valuation. The Mining – Silver industry has a strong Zacks Industry Rank of 30, placing it in the top 13% among over 250 industries.
