28 May, 2017
Geode Capital Management LLC now owns 80,299 shares of the basic materials company's stock valued at $1,406,000 after buying an additional 10,429 shares during the last quarter. Deutsche Bank AG's price objective indicates a potential upside of 48.25% from the stock's current price.
Several research firms have recently commented on SLW.
03/21/2017 - Pan American Silver Corp. had its "buy" rating reiterated by analysts at Deutsche Bank. Finally, Royal Bank of Canada raised Pan American Silver Corp. from a "sector perform" rating to an "outperform" rating and lifted their price target for the stock from $17.20 to $22.00 in a report on Tuesday, March 21st.
Shares of MAG Silver Corp (NYSE:MAG) have been assigned a consensus recommendation of "Buy" from the eight brokerages that are now covering the company. Mackie downgraded Pan American Silver Corp. Zacks Investment Research cut MAG Silver Corp from a "hold" rating to a "sell" rating in a research report on Thursday, March 2nd. They now have a Dollars 20 price target on the stock. The original version of this news story can be accessed at https://baseballnewssource.com/markets/somewhat-critical-news-coverage-likely-to-impact-mag-silver-corp-mag-stock-price-updated-updated/705071.html. (TSE:SLW) opened at 28.53 on Wednesday. Pan American Silver Corp. The company's 50-day moving average is $12.45 and its 200-day moving average is $13.10. Pan American Silver Corp. UBS Asset Management Americas Inc. purchased a new stake in shares of MAG Silver Corp during the fourth quarter valued at about $164,000. During the same period in the prior year, the business posted $0.10 EPS. Silver Wheaton Corp.'s quarterly revenue was up 5.6% on a year-over-year basis.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 5th. Shareholders of record on Wednesday, April 5th were issued a $0.07 dividend. They expect $1.51 EPS, up 7.09% or $0.10 from last year's $1.41 per share. The ex-dividend date is Friday, May 19th.
TRADEMARK VIOLATION WARNING: This report was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this news story on another site, it was copied illegally and reposted in violation of United States & worldwide copyright law. Pan American Silver Corp.is founded upon a single mission, to become the best vehicle for equity investors wanting to gain real exposure to higher silver prices.
A number of other hedge funds also recently added to or reduced their stakes in SLW. Morgan Stanley increased its stake in MAG Silver Corp by 87.0% in the first quarter. AMP Capital Investors Ltd boosted its stake in shares of Silver Wheaton Corp.by 30.6% in the third quarter. RBC Capital Markets upgraded the stock to "Outperform" rating in Tuesday, March 21 report. Vanguard Group Inc. now owns 20,354 shares of the industrial goods maker's stock worth $267,000 after buying an additional 1,288 shares in the last quarter. Barings LLC bought a new stake in Pan American Silver Corp. during the first quarter valued at $3,557,000. Zacks Investment Research now has $18.00 target price on the basic materials company's stock. Finally, Global X Management Co. Geode Capital Management LLC increased its stake in Pan American Silver Corp.by 14.9% in the first quarter. Alpha One also gave news headlines about the basic materials company an impact score of 79 out of 100, meaning that recent media coverage is likely to have an impact on the company's share price in the immediate future.
Scotia Capital Inc who had been investing in Pan American Silver Corp for a number of months, seems to be less bullish one the $2.59B market cap company. The Company is a pure precious metals streaming company engaged in the sale of silver and gold. The Company operates through eight segments: the silver produced by the San Dimas, Penasquito and Antamina mines, the gold produced by the Sudbury and Salobo mines, the silver and gold produced by the Constancia mine and the Other mines, and corporate operations.
