On Thursday, Shares of Pan American Silver Corp. (NASDAQ: PAAS) rose 0.48% to $16.84. The stock recorded $16.69 as its minimum price and hit the max level of $16.92, during its most recent trading session. It traded total volume of 983.84K shares lower than the average volume of 1.11M shares.
Pan American Silver Corp. (PAAS) on Wednesday stated first-quarter profit of $47.40M. The Vancouver, British Columbia-based company said it had profit of 31 cents per share. Earnings, adjusted for non-recurring gains, came to 20 cents per share. The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share.
The silver mining company posted revenue of $207.0M in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $220.30M.
PAAS has the market capitalization of $2.60B and its EPS growth ratio for the past five years was 7.50%. The return on assets ratio of the Company was 7.60% while its return on investment ratio stands at 8.50%. Price to sales ratio was 3.15 while 60.90% of the stock was owned by institutional investors.