While the top- and bottom-line numbers for Pan American Silver (PAAS) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Pan American Silver (PAAS) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.04 per share a year ago.
Silver and gold had strong starts to 2024, but price action has turned mixed as global volatility ticks up across financial markets. Pan American Silver reported solid Q1 results in May, and all eyes are now on the Q2 report after a healthy mid-year update in June. I see the stock as near its intrinsic value while PAAS' technical chart sends mixed signals.
Besides Wall Street's top -and-bottom-line estimates for Pan American Silver (PAAS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.
Pan American Silver (PAAS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the latest trading session, Pan American Silver (PAAS) closed at $21.71, marking a +1.12% move from the previous day.
Does Pan American Silver (PAAS) have what it takes to be a top stock pick for momentum investors? Let's find out.