Mid-Cap

One NYSE: Listed Gold & Silver Producing Stock at Resistance Level: Pan American Silver Corp

October 21, 2024 | Team Kalkine
One NYSE: Listed Gold & Silver Producing Stock at Resistance Level: Pan American Silver Corp

PAAS:NYSE
Investment Type
Mid - Cap
Risk Level
Action
Rec. Price (US$)

Pan American Silver Corp

Company Overview: Pan American Silver Corp. (NYSE: PAAS) is a Canada-based producer of silver and gold in the Americas, operating mines in Canada, Mexico, Peru, Brazil, Bolivia, Chile and Argentina. The Company is engaged in silver and gold mining and related activities, including exploration, mine development, extraction, processing, refining and reclamation.

As per our previous US Daily Report published on ‘PAAS’ on 23rd August 2024, Kalkine provided an ‘Speculative Buy’ stance on the stock at USD 21.33 based on price action, recent key business and financial updates, momentum in the stock over the last month, and technical indicators analysis and the stock price has now moved by ~20.16% since then and has attained resistance 1 and resistance 2.

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