Checking the Overall Picture for Pan American Silver Corp. (PAAS)

Pan American Silver Corp. (PAAS) is an interesting player in the Basic Materials space, with a focus on Silver. The stock has been active on the tape, currently trading at $15.56, down from yesterday’s close by -0.83%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Pan American Silver Corp. (PAAS) currently trades with a market capitalization of $2.38 Billion. That value represents a market adjusting for revenues that have been falling by -18.34 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $10.89 Million over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0.18 on a per share basis this quarter. Perhaps, that suggests something about why 0.00% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Pan American Silver Corp. recorded a 52-week high of $21.29. It is now trading 5.73% off that level. The stock is trading $15.49 its 50-day moving average by -0.07%. The stock carved out a 52-week low down at $13.99.

In recent action, Pan American Silver Corp. (PAAS) has made a move of +2.77% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 19.03, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.74% with $140.71 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of PAAS.

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