In a report issued on October 10, Dalton Baretto from Canaccord Genuity reiterated a Buy rating on Pan American Silver (NASDAQ: PAAS), with a price target of $17. The company’s shares opened today at $15.42.
According to TipRanks.com, Baretto is a 4-star analyst with an average return of 5.3% and a 43.9% success rate. Baretto covers the Basic Materials sector, focusing on stocks such as Teck Resources Limited, Fortuna Silver Mines, and Hecla Mining Company.
Currently, the analyst consensus on Pan American Silver is a Moderate Buy with an average price target of $20.
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The company has a one-year high of $18.75 and a one-year low of $13.97. Currently, Pan American Silver has an average volume of 1.31M.
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Pan American Silver Corp. engages in the production and sale of silver, gold, and base metals including copper, lead, and zinc. It operates through the following geographical segments: Peru, Mexico, Argentina, Bolivia, Canada, and Other. The company was founded by Ross J. Beaty and John J. Wright in April 1994 and is headquartered in Vancouver, Canada.
