Pan American Silver (PAAS) Earning Somewhat Positive Media Coverage, Accern Reports

Headlines about Pan American Silver (NASDAQ:PAAS) (TSE:PAAS) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Pan American Silver earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the basic materials company an impact score of 46.7119428227578 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news stories that may have impacted Accern’s analysis:

Get Pan American Silver alerts: Analyzing McEwen Mining (MUX) & Pan American Silver (PAAS) (americanbankingnews.com) Brokerages Anticipate Pan American Silver Corp. (PAAS) Will Post Quarterly Sales of $216.36 Million (americanbankingnews.com) Pan American Silver Corp. (PAAS) Given Average Recommendation of “Buy” by Brokerages (americanbankingnews.com) Pan American Silver Corp. (PAAS) Expected to Post Earnings of $0.16 Per Share (americanbankingnews.com)

Several analysts have weighed in on PAAS shares. BidaskClub cut shares of Pan American Silver from a “hold” rating to a “sell” rating in a research note on Wednesday, June 6th. ValuEngine upgraded shares of Pan American Silver from a “sell” rating to a “hold” rating in a research note on Friday, March 23rd. Canaccord Genuity restated a “buy” rating and issued a $19.50 target price on shares of Pan American Silver in a research report on Wednesday, April 4th. Finally, Deutsche Bank dropped their target price on shares of Pan American Silver from $20.00 to $19.00 and set a “buy” rating for the company in a research report on Thursday, March 15th. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Pan American Silver has a consensus rating of “Buy” and a consensus target price of $21.10.

PAAS traded up $0.49 during trading on Wednesday, reaching $18.24. 707,109 shares of the company’s stock were exchanged, compared to its average volume of 896,743. Pan American Silver has a one year low of $13.99 and a one year high of $19.56. The firm has a market capitalization of $2.72 billion, a price-to-earnings ratio of 35.76, a PEG ratio of 6.25 and a beta of 0.30.

Pan American Silver (NASDAQ:PAAS) (TSE:PAAS) last posted its earnings results on Wednesday, May 9th. The basic materials company reported $0.20 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.04. Pan American Silver had a net margin of 18.19% and a return on equity of 6.35%. The firm had revenue of $206.96 million for the quarter, compared to analyst estimates of $215.73 million. During the same period in the previous year, the firm posted $0.06 EPS. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. research analysts expect that Pan American Silver will post 0.71 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, June 4th. Shareholders of record on Tuesday, May 22nd were issued a dividend of $0.035 per share. This represents a $0.14 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date was Monday, May 21st. Pan American Silver’s payout ratio is 27.45%.

About Pan American Silver

Pan American Silver Corp., together with its subsidiaries, engages in exploration, extraction, processing, refining, and reclamation of silver mines. The company owns and operates silver mines located in Peru, Mexico, Argentina, and Bolivia. It also produces and sells gold, zinc, lead, and copper. The company holds interests in the La Colorada, Dolores, Alamo Dorado, Huaron, Morococha, Manantial Espejo, and San Vicente mines.