Shares of Pan American Silver Corp. (NASDAQ:PAAS) traded at a new 52-week low today of $27.55. This new low was reached on below average trading volume as 443,000 shares traded hands, while the average 30-day volume is approximately 2.6 million shares.
Pan American Silver Corp is a mining company focused exclusively on the exploration and development of silver mines. It produced roughly 22 million ounces of silver in 2011. The company operates primarily in Central and South America. It also sells the byproducts from its silver mining operations, including zinc, lead, copper, and gold. Pan American Silver is based in British Columbia.
In the past 52 weeks, Pan American Silver Corp. share prices are bracketed by a current low of $27.55 and a high of $40.11 and is now at $28.37.
Pan American Silver Corp. (NASDAQ:PAAS) defies analysts with a current price ($28.37) 32.0% above its average consensus price target of $19.29.
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