Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

Search Silver Prices
Silver Price
[Most Recent Quotes from www.kitco.com] Our RSS Feed

Silver Updates by Mail

Enter your email address:

Follow Us on Twitter
« Hecla Mining sells Gold Properties in Venezuela! | Main | Endeavour Silver Corporation Up 9.37% on results! »
Wednesday
Jun182008

Pan American Silver Corporation: Buy!

PAAS Chart 19 June 2008


Charts courtesy www.stockcharts.com

Continuing with the deployment of our opportunity cash we acquired more of Pan American Silver Corporation at $31.06 today. As we can see from the chart this stock has been sold off from a high of $42.00 to around $30.00 recently and hopefully the downside is limited.

Pan American Silver Corporation (PAAS) forms part of our core position and we are pleased to acquire more of this stock at these price levels.

PAAS has a market capitalisation of $2.52 billion, a P/E ratio of 25.14 with 80.77 million shares outstanding and an EPS of 1.24.

Pan American Silver Corporation trades on the NASDAQ under the symbol of PAAS and on the Toronto Stock Exchange under the symbol of PAA.


Have a sparkling day.

These are fast changing times and its essential that you stay up to date with what is going on in the market. For our latest commentary and trading signals on gold, click here to subscribe to The FREE Gold Prices Newsletter and click here for The FREE Silver Prices Newsletter.

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (1)

Hi,

What to do with PAAS? What price should we look at to sell?

Many thanks

Julian

July 2, 2008 | Unregistered CommenterJulian Davis Smith

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>