What is the Market's View on Pan American Silver Corp. (PAAS) Stock's Price and Volume Trends Wednesday?

Pan American Silver Corp. (PAAS) stock is down 0.69% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Pan American Silver Corp. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on PAAS!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With PAAS Stock Today?

Pan American Silver Corp. (PAAS) stock is higher by 0.66% while the S&P 500 is lower by -0.13% as of 11:01 AM on Wednesday, Jan 5. PAAS is higher by $0.16 from the previous closing price of $24.23 on volume of 595,713 shares. Over the past year the S&P 500 is up 29.36% while PAAS is lower by -34.66%. PAAS earned $1.20 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 20.35. To see InvestorsObserver's Sentiment Score for Pan American Silver Corp. click here.

More About Pan American Silver Corp.

Pan American Silver Corp is a mining company focused exclusively on the exploration and development of silver mines. It produced roughly 22 million ounces of silver in 2011. The company operates primarily in Central and South America. It also sells the byproducts from its silver mining operations, including zinc, lead, copper, and gold. Pan American Silver is based in British Columbia. Click Here to get the full Stock Report for Pan American Silver Corp. stock.