Strength Seen in Pan American Silver (PAAS): Can Its 12.4% Jump Turn into More Strength?

Company Overview - Pan American Silver (PAAS) shares increased by 12.4% to close at $24.41, following a notable trading volume that exceeded typical levels [1] - The stock had previously experienced an 11.3% decline over the past four weeks [1] Market Context - The rise in Pan American Silver's shares is linked to a surge in gold and silver prices amid escalating U.S.-China trade tensions [2] - Recent tariff changes by Trump have set new rates at 10% for most U.S. trade partners for 90 days, while China faces a steep 125% tariff [2] Earnings Expectations - The company is projected to report quarterly earnings of$ 0.23 per share, reflecting a significant year-over-year increase of 2200% [3] - Expected revenues for the upcoming quarter are $714.95 million, which is an 18.9% increase compared to the same quarter last year [3] Earnings Estimate Revisions - The consensus EPS estimate for Pan American Silver has been revised 0.5% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [4] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [4] Industry Comparison - Pan American Silver is part of the Zacks Mining - Silver industry, where Avino Silver (ASM) also operates [4] - Avino Silver's shares closed 17.1% higher at$ 1.71, with a 3.6% return over the past month [4] - Avino Silver's consensus EPS estimate has decreased by 50% over the past month to $0.01, indicating a challenging outlook compared to the previous year [5]