The Week

Pan American Silver (PAAS) fell 1.95% this week to close at $50.34, underperforming the S&P 500 by about 1.15 percentage points. The four-session tape whipsawed: Tuesday opened at $51.50 and finished at $51.00; Wednesday hit a high of $53.31 and closed at $52.90, the strongest day of the week; Thursday slipped to $50.65; Friday traded between $50.06 and $51.96 before ending at $50.34. Weekly amplitude was 6.31% with no major catalyst.

Analyst Ratings

Among the 10 firms covering the stock, 4 rate it buy, 3 rate it over, 2 rate it hold, and 1 has no opinion; none rate it under or sell. The consensus rating is buy, with a consensus target of $65.90, implying about 30.9% upside from the current price. Target prices span $53 to $94, showing a wide spread. The stock ranks 17th among 49 names in the gold sector.

The Week Ahead

Next week is macro-heavy: Tuesday brings the New York Fed manufacturing index (prior 20.6, forecast 14.75). Wednesday features a batch of retail-sales prints, including retail sales at prior -0.6 against a forecast 0.9, import price index at prior 6, and the NAHB housing market index at prior 35 with a forecast of 34. EIA crude and Cushing inventories also arrive on Wednesday. Precious metals miners may track the dollar and rate expectations around these releases.

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