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CIBC Sticks to Its Buy Rating for Pan American Silver (PAAS)

Tipranks - Tipranks - Tue Jun 9, 10:36AM CDT

CIBC analyst Cosmos Chiu maintained a Buy rating on Pan American Silver today and set a price target of $94.00.

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According to TipRanks, Chiu is a 5-star analyst with an average return of 20.2% and a 56.28% success rate. Chiu covers the Basic Materials sector, focusing on stocks such as Coeur Mining, Franco-Nevada, and Pan American Silver.

In addition to CIBC, Pan American Silver also received a Buy from Scotiabank’s Ovais Habib in a report issued today. However, on June 5, BMO Capital maintained a Hold rating on Pan American Silver (NYSE: PAAS).

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The company has a one-year high of C$95.39 and a one-year low of C$36.96. Currently, Pan American Silver has an average volume of 1M.

Based on the recent corporate insider activity of 67 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PAAS in relation to earlier this year.

Read More on PAAS:

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