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Pan American Silver Corp
Company Overview: Pan American Silver Corp. (NYSE: PAAS) is a Canada-based company, which is engaged in silver and gold mining and related activities, including exploration, mine development, extraction, processing, refining and reclamation.
As per our previous US Inflation report published on ‘PAAS’ on 27th October 2023, Kalkine provided a ‘Buy’ stance on the stock at USD 15.03 based on “PAAS strong Q2FY23 financial performance, characterized be a revenue increase, impressive net income and earnings per share growth, robust cash flow management, and along with positive forward guidance” and the stock price has now moved by ~26.55% since then and the price has crossed resistance 1 and resistance 2.
Noted below are the details of support and resistance levels provided in our previous report:
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