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

Pan American Silver Corporation: Buy!

PAAS Chart 19 June 2008

Charts courtesy

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.

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Reader Comments (1)


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

Many thanks


July 2, 2008 | Unregistered CommenterJulian Davis Smith

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