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Analysts Are Bullish on These Materials Stocks: Pan American Silver (PAAS), Victoria Gold (VITFF)

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Pan American Silver (PAASResearch Report) and Victoria Gold (VITFFResearch Report) with bullish sentiments.

Pan American Silver (PAAS)

In a report released today, Ryan Thompson from BMO Capital maintained a Buy rating on Pan American Silver, with a price target of C$23.00. The company’s shares closed last Friday at $18.17, close to its 52-week low of $17.26.

According to TipRanks.com, Thompson is a 3-star analyst with an average return of 5.0% and a 38.1% success rate. Thompson covers the Basic Materials sector, focusing on stocks such as First Majestic Silver, Fortuna Silver Mines, and Torex Gold Resources.

Currently, the analyst consensus on Pan American Silver is a Moderate Buy with an average price target of $23.84.

See today’s best-performing stocks on TipRanks >>

Victoria Gold (VITFF)

In a report released today, Andrew Mikitchook from BMO Capital maintained a Buy rating on Victoria Gold, with a price target of C$23.00. The company’s shares closed last Friday at $8.14.

According to TipRanks.com, Mikitchook is a 4-star analyst with an average return of 11.1% and a 53.7% success rate. Mikitchook covers the Basic Materials sector, focusing on stocks such as Gold Standard Ventures, Ivanhoe Electric Inc., and G Mining Ventures.

Victoria Gold has an analyst consensus of Moderate Buy, with a price target consensus of $16.24.

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