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PAN AMERICAN SILVER CORP CEDEAR EA 69 REP 1 COM(USD)PP

PAN AMERICAN SILVER CORP CEDEAR EA 69 REP 1 COM(USD)

9.44USDD
−0.36−3.67%
As of today at 19:11 GMT
USD
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PAASD trade ideas

Pan American Silver (PAAS) AnalysisCompany Overview: Pan American Silver NYSE:PAAS , a leading precious metals producer in the Americas, is strategically positioned to benefit from the rising prices of silver and gold, driven by global economic uncertainties and inflationary pressures. As investor interest in precious metals grows, PAAS stands out for its robust operations and efficient portfolio management. Key Catalysts: Organic Growth Focus: PAAS has increased its 2024 drilling budget to over 450,000 meters, highlighting management's confidence in its exploration prospects. This aggressive exploration strategy signals long-term production growth and resource expansion. Portfolio Optimization: The company secured Investment Canada Act approval for the $245 million sale of its La Arena gold mine and La Arena II project in Peru to Zijin Mining Group. This transaction demonstrates PAAS’s commitment to unlock value from non-core assets and focus on its most profitable operations. Precious Metals Momentum: Rising gold and silver prices, fueled by inflation concerns and economic uncertainty, enhance revenue potential for PAAS. As a top-tier producer with diversified operations, the company is well-leveraged to capitalize on higher commodity prices. Investment Outlook: Bullish Outlook: We remain bullish on PAAS above the $20.00-$21.00 range, supported by strong fundamentals, rising metals prices, and a clear focus on organic growth. Upside Potential: Our target range for PAAS is $34.00-$35.00, reflecting the company’s ability to grow production, optimize its portfolio, and benefit from favorable macroeconomic trends. 🚀 PAAS—Capitalizing on Rising Precious Metal Prices and Strategic Growth. #Gold #Silver #MiningGrowth
NYSE:PAASLong
by Richtv_official
$PAAS*For share traders only. Not meant for options. Green: Entry Point Blue: Start of Week Red: End of Week Thumbs Up: Trade Available for Week $ Amount (Numbers Above): Price Targets *I don’t believe in sharing strategies or outlooks due to the idea that it could cause someone confusion within. It’s important in trading to find your eyes and do things that match your scope of understanding. Over time, if the work is put in, you will create a strategy that in most cases aren’t full proof, but something you can lean on creating an edge for yourself. This strategy is based on a mix of volume analysis, Elliot Waves, retracements, and candlestick anomalies.
NLong
by Redimere_91
big pictureGeology (and geological ideas) functions at a glacial pace. This is clearly reflected in the mining sector and most mining stocks, especially on the TSX. PAAS (aka. "silver") is no different. Long term, it has touched its multi-decade highs now 3 times since it went public. Fourth time the supply area probably won't hold and we'll go through it, albeit it will take at least a whole quarter if not more to do so. But, as of right now, we are crossing through the 50% retrace on-route to the $38-39 area (88.6% fib). This will most likely take the next 3 to 4 quarters to achieve, but it should be slow and steady progress. A better operated company like AEM show what good management and agility can do. They are following the same basic pattern as PAAS, but shareholder appreciation of managements achievements is reflected accordingly. PAAS management on the other hand, are like an old boys club. They think they operate at an optimal level by driving a ferrari, but they passed their prime some 20-30 years ago and are now being smoked by teslas. PAAS stock price will be pulled up by the industry as a whole (and silver), but whereas other miners will clear new highs by hitting upwards of 38-62% higher above their all time highs, PAAS will struggle to cross the $40-45 level and get to their 38% above new highs. These are all super longer term plays. Especially if you are willing to hold for multiple years.
N
by ep7
Pan American Silver (PAAS) AnalysisStrategic Portfolio Optimization: Pan American Silver NYSE:PAAS , a prominent global precious metal mining company, is bolstering its market position through strategic initiatives. Recently, PAAS agreed to sell its Lucita property to Defiance Silver and its La Arena gold property in Peru to Jinteng Mining for $245 million upfront, plus contingent payments. These moves align with PAAS's strategy to optimize its portfolio and strengthen its financial position. Leadership Insight: CEO Michael Steinmann highlighted the strategic benefits, stating, "With the sale of La Arena, we continue to optimize our portfolio while retaining future upside through royalties." Investment Outlook: Bullish Outlook: We are bullish on PAAS above the $16.50-$17.00 range. Upside Potential: With a target set at $28.00-$30.00, investors should consider PAAS's enhanced financial outlook and strategic portfolio optimization as key drivers for potential stock appreciation. 📊⚒️ Stay informed about Pan American Silver for promising investment opportunities! #PAAS #PreciousMetals 📈🔍
NLong
by Richtv_official
Possible False Breakout Trade in PAAS.TO (no trade yet)No trade yet. Watch for a rally above $19.30 which could signal that a false breakout below the prior lows occurred. IF IT KEEPS DROPPING, WITHOUT GOING ABOVE 19.30: NO TRADE. Keep a tight stop loss below the recent low. Conservative target at the descending trendline still offers a nice reward:risk, with potential for a huge reward:risk if the price breaks above the triangle down the road. I don't love the silver/gold space right now, as the sector overall is pretty weak. For that reason, if triggered in to the trade, some sort of trailing stop loss is recommended in case the price starts dropping before hitting the target. This stock is prone to gaps. Tread carefully, as a stop loss may not get you out at the price expected.
T
by CoryMitchell-CMT