GDX

The Week

Pan American Silver (PAAS) fell 3.9% this week to close at $48.04, while the S&P 500 rose 1.21%, leaving the stock about 5.11 percentage points behind the benchmark. Weekly amplitude was 9.19%. The stock opened lower on Monday at $50.30 and closed at $48.75, rebounded on Tuesday to a weekly high of $51.235 and finished at $50.85, then pulled back through Wednesday and Thursday, touching a weekly low of $46.61 before edging up to $48.04 on Friday. There was no major company-specific catalyst; the move largely tracked precious metal prices.

Analyst Ratings

As of the latest aggregate update, 10 institutions cover the stock: 4 rate it buy, 3 rate it overweight, 2 rate it hold, and 1 has no opinion, with none at underweight or sell. The consensus rating is buy, with a consensus target of $64.775, about 34.8% above the latest close of $48.04. Targets range from $53 to $94, reflecting wide dispersion. Within the gold sector, the stock ranks 18th out of 49 names by rating.

The Week Ahead

A dense macro calendar lies ahead: the Dallas Fed manufacturing business activity index arrives on Monday, 28 September (prior 11.6). Tuesday, 29 September brings FHFA house prices, Case Shiller 20-city home price indices, US JOLTS job openings (prior 7.271, forecast 7.24) and the consumer confidence index (prior 89.4, forecast 90). These prints may test expectations for labour market and consumer resilience, with potential knock-on effects for precious metal prices.

This article is generated by LongbridgeAI from market data, for information only and not investment advice.