Sprott INC Stake In Pan American Silver Corp (PAAS) Was Upped

June 14, 2018 - By Maria Brooks

Pan American Silver Corp. (NASDAQ:PAAS) Logo

Eric Sprott increased its stake in Pan American Silver Corp (PAAS) by 197.2% based on its latest 2018Q1 regulatory filing with the SEC. Sprott Inc bought 692,828 shares as the company’s stock rose 15.87% while stock markets declined. The hedge fund run by Eric Sprott held 1.04M shares of the precious metals company at the end of 2018Q1, valued at $16.83M, up from 351,330 at the end of the previous reported quarter. Sprott Inc who had been investing in Pan American Silver Corp for a number of months, seems to be bullish on the $2.78 billion market cap company. The stock decreased 0.03% or $0.005 during the last trading session, reaching $18.055. About 403,156 shares traded. Pan American Silver Corp. (NASDAQ:PAAS) has risen 2.79% since June 14, 2017 and is uptrending. It has underperformed by 9.78% the S&P500.

Another recent and important Pan American Silver Corp. (NASDAQ:PAAS) news was published by Nasdaq.com which published an article titled: “Detailed Research: Economic Perspectives on ExlService, Reading International, SMART Global, Silvercorp Metals …” on June 05, 2018.

Pan American Silver Corp. (NASDAQ:PAAS) Ratings Coverage

Among 5 analysts covering Pan American Silver (NASDAQ:PAAS), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Pan American Silver had 6 analyst reports since January 7, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Monday, January 8 by Scotia Capital. Canaccord Genuity maintained Pan American Silver Corp. (NASDAQ:PAAS) on Tuesday, April 3 with “Buy” rating. The firm has “Buy” rating given on Friday, February 2 by RBC Capital Markets. B. Riley & Co maintained the shares of PAAS in report on Tuesday, February 27 with “Buy” rating. The firm has “Buy” rating given on Sunday, January 7 by Canaccord Genuity. As per Thursday, March 15, the company rating was maintained by Deutsche Bank.

Pan American Silver Corp. (NASDAQ:PAAS) Ratings Chart

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