Company Performance - Pan American Silver (PAAS) closed at $55.39, reflecting a +2.9% increase from the previous day, outperforming the S&P 500's 0.03% loss [1] - The stock has risen by 26.39% in the past month, leading the Basic Materials sector's gain of 9.22% and the S&P 500's gain of 2.57% [1] Earnings Expectations - The company is expected to report EPS of $0.87, which represents a 148.57% increase from the prior-year quarter [2] - Revenue is projected to be $1.09 billion, indicating a 33.53% increase compared to the same quarter of the previous year [2] Full Year Projections - Analysts expect earnings of $2.21 per share and revenue of $3.52 billion for the full year, marking changes of +179.75% and +24.81% respectively from last year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for Pan American Silver are important as they reflect changing near-term business trends, with positive revisions indicating a favorable business outlook [4] Zacks Rank and Valuation - Pan American Silver holds a Zacks Rank of 1 (Strong Buy), with an average annual return of +25% for 1 stocks since 1988 [6] - The company has a Forward P/E ratio of 24.31, which is a discount compared to its industry's Forward P/E of 25.42, and a PEG ratio of 0.51, matching the average for the Mining - Silver industry [7] Industry Context - The Mining - Silver industry is part of the Basic Materials sector and ranks in the top 13% of all industries, with a current Zacks Industry Rank of 30 [8]
Why the Market Dipped But Pan American Silver (PAAS) Gained Today