MAG Silver Corp (TSE:MAG) Insider Acquires 5500 Shares of Stock

Lloyd Doyle
December 7, 2017

On Wednesday, November 29th, Michael John Curlook bought 22,000 shares of MAG Silver stock. RBC Capital Markets maintained the shares of PAAS in report on Thursday, September 17 with "Sector Perform" rating.

Checking on current RSI levels on shares of Americas Silver Corp (USAS), the 14-day RSI is now standing at 41.39, the 7-day is at 43.14, and the 3-day is resting at 48.90. BMO Capital Markets downgraded the shares of PAAS in report on Friday, March 31 to "Market Perform" rating. Pan American Silver has a 1-year low of $14.05 and a 1-year high of $21.29.

A number of equities research analysts have recently issued reports on MAG shares. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company's stock.


In the case of Pan American Silver Corp, the RSI reading has hit 29.9 - by comparison, the universe of metals and mining stocks covered by Metals Channel now has an average RSI of 45.1, the RSI of Spot Gold is at 40.2, and the RSI of Spot Silver is presently 31.0. The stock has a market capitalization of $2,240.00, a PE ratio of 30.98, a P/E/G ratio of 7.64 and a beta of 0.09. The basic materials company reported $0.15 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.13 by $0.02. Pan American Silver Corp. had 42 analyst reports since August 13, 2015 according to SRatingsIntel. The firm had revenue of $190.79 million for the quarter, compared to analyst estimates of $199.43 million. The business's revenue was down 18.3% on a year-over-year basis. Stockholders of record on Monday, November 20th were paid a dividend of $0.025 per share. In general, and ADX value from 0-25 would represent an absent or weak trend. The ex-dividend date was Friday, November 17th. Pan American Silver's dividend payout ratio is presently 16.39%.

Several hedge funds have recently modified their holdings of the company. ETF Managers Group LLC purchased a new position in Americas Silver during the second quarter worth about $1,743,000. Finally, Private Advisor Group LLC grew its holdings in shares of Pan American Silver by 69.8% in the 3rd quarter. Virtu Financial LLC acquired a new stake in shares of Pan American Silver in the 3rd quarter worth approximately $178,000. Jane Street Group LLC raised its holdings in shares of Pan American Silver by 4,066.7% in the 3rd quarter. Private Advisor Group LLC now owns 35,794 shares of the basic materials company's stock valued at $640,000 after acquiring an additional 14,714 shares during the period. Finally, Global X MANAGEMENT CO LLC boosted its stake in Americas Silver by 8.3% during the third quarter. IL now owns 70,578 shares of the basic materials company's stock worth $1,187,000 after purchasing an additional 1,208 shares in the last quarter. IL grew its stake in Pan American Silver by 1.7% during the 2nd quarter. (NASDAQ:PAAS) earned "Outperform" rating by RBC Capital Markets on Tuesday, March 21. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and worldwide copyright and trademark law. The correct version of this story can be viewed at https://www.dispatchtribunal.com/2017/12/05/pan-american-silver-corp-paas-research-coverage-started-at-bmo-capital-markets.html. Below is a list of Pan American Silver Corp.

MAG Silver Corp.is a mineral exploration and development company. The Company operates through the exploration of mineral properties in Mexico segment. It also produces and sells gold, zinc, lead, and copper.

Other reports by Iphone Fresh

Discuss This Article

FOLLOW OUR NEWSPAPER