Pan American Silver (PAAS) NewsBite - PAAS Third Quarter Earnings Preview
Posted: Tuesday, November 10, 2009 1:03 PM EDT
By: Market Intelligence Center Staff
Pan American Silver (NasdaqNM: PAAS) opened at $23.17. So far today, the stock has hit a low of $22.88 and a high of $23.65. PAAS is now trading at $23.20, up $0.14 (0.61%). The stock hit its 52-Week high of $26.70 last month and set its 52-Week low of $8.93 last November. PAAS is trading higher today ahead of this afternoon's third quarter earnings report. Analysts are expecting the company to post earnings of 21 cents per share. For the same period last year the company had earnings of 11 cents per share. Technical indicators for the stock are and S&P does not currently have a STARS rating for PAAS. If you are looking for a hedged play on PAAS the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 17.50 range. [ABR-Seven Summits Strategic Investments NewsBite]
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