Pan American Silver

PAAS
Delayed Toronto Stock Exchange - 12/06 09:02:17 pm
26.5CAD
-3.28%

Pan American Silver Corp. : The beginning of the move

Envoyer par e-mail
David Meurisse
Contributor / Partner

Strategy published on : 12/03/2019 | 09:45

long trade
Live

Entry price : 27CAD
Target : 29.9CAD
Stop-loss : 24.4CAD
Potential : 10.74%

Market participant are once again showing interest in shares in Pan American Silver Corp.. The technical chart pattern now appears positive for the short term with new upside potential.
Investors have an opportunity to buy the stock and target the CAD 29.9.

Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

● In a short-term perspective, the company has interesting fundamentals.


Strengths

● Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.

● Over the past year, analysts have regularly revised upwards their sales forecast for the company.

● Over the last seven days, analysts have been revising upwards their EPS estimates for the company.

● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.

● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

● The stock is in a well-established, long-term rising trend above the technical support level at 19.59 CAD


Weaknesses

● Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.

● The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 47.17 times its estimated earnings per share for the ongoing year.

● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.

Zonebourse.com 2019
Envoyer par e-mail