PAN AMERICAN SILVER CORP (NYSE:PAAS) – A Strong Growth Candidate Meeting Minervini’s Criteria

PAN AMERICAN SILVER CORP (NYSE:PAAS) has been identified as a high-growth momentum stock that aligns with Mark Minervini’s Trend Template. The company, a key player in silver and gold mining, demonstrates strong technical and fundamental characteristics that make it worth a closer look.

Why PAAS Fits the Minervini Trend Template

The Minervini Trend Template focuses on stocks with strong upward momentum, and PAAS meets all key criteria:

• Price Above Key Moving Averages:
  • Current price ($26.59) is above the 50-day ($24.91), 150-day ($23.66), and 200-day ($23.11) moving averages.
  • The 50-day MA is above both the 150-day and 200-day MAs, confirming bullish alignment.
• Upward-Trending Averages:
  • The 150-day and 200-day MAs are rising, reinforcing long-term strength.
• Price Relative to 52-Week Range:
  • PAAS is trading 78% above its 52-week low ($17.86) and within 7% of its 52-week high ($28.60).
• Strong Relative Strength:
  • With a ChartMill Relative Strength score of 86.67, PAAS outperforms 87% of the market.

High Growth Momentum Fundamentals

Beyond technical strength, PAAS exhibits robust growth metrics:

• Earnings Growth:
  • EPS (TTM) surged 5,900% year-over-year, with recent quarterly EPS growth at 4,100%.
  • Annual EPS growth stands at 618%, reflecting strong profitability expansion.
• Revenue Expansion:
  • Revenue grew 18.3% over the past year, with recent quarterly sales up 28.6%.
• Profit Margins Improving:
  • Quarterly profit margins expanded from 7.9% to 21.8% over the past three quarters.
• Free Cash Flow Growth:
  • Free cash flow per share increased 325% year-over-year, indicating strong operational performance.

Technical Outlook

The stock’s technical rating of 10/10 highlights its strong uptrend, though the setup rating of 2 suggests waiting for a pullback or consolidation before entry. Key support levels include:

• Near-term support at $26.35 (trendline).
• Stronger support between $24.80-$24.91 (moving averages).

For a deeper technical breakdown, review the full technical report.

Our High Growth Momentum + Trend Template screener lists more stocks with similar growth and momentum traits.

Disclaimer

This is not investment advice. Always conduct your own research and consider risk management before making investment decisions.