NewroadTrader

Buy $PAAS - NRPicks 28 Mar

Long
NASDAQ:PAAS   None
Pan American Silver Corp., together with its subsidiaries, participates in the exploration, development, extraction, processing, refining and recovery of silver, gold, zinc, lead and copper mines in Canada, Mexico, Peru, Argentina and Bolivia. 

$PAAS is a solid company that in 2020 recorded revenues of $1.3B, an EBITDA of $525M, a net income of $177M and earnings per share of $0.85 110% above the estimate.

The company is within a channel between $29 and about $38, which I respect since August last year, which could mean a good opportunity for us.

- Net Income Y/Y +60%
- EBITDA Y/Y +33.20%
- TOTAL DEBT/ EBITDA 0.10x
- EBITDA MARGIN 39.30%

Technical:
- Price close to MA50
- Average RSI levels
- Support at $29
- MACD Level (12, 26) 4.32
Trade closed manually:
14 Abr

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