RBC Capital analyst Michael Siperco lowered the firm’s price target on Pan American Silver to $20 from $24 and keeps an Outperform rating on the shares. The firm is incorporating more conservative forecasts and asset valuations into 2024/2025 following the Q3 results, the analyst tells investors in a research note.
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Read More on PAAS:
- Pan American Silver reports Q3 silver production 5.7M oz vs. 4.5M oz last year
- Pan American Silver reports Q3 EPS 1c, consensus 14c
- PAAS Upcoming Earnings Report: What to Expect?
- Unusually active option classes on open October 30th
- Pan American Silver call volume above normal and directionally bullish
