Pan American Silver saw a welcome improvement to its Relative Strength (RS) Rating on Monday, with an increase from 89 to 92.
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IBD's unique rating identifies price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an 80 or better RS Rating in the early stages of their moves.
Pan American Silver is not currently showing a potential buy point. See if the stock goes on to form a base that could ignite a new run.
Earnings grew 4,100% last quarter, up from 0% in the prior report. Revenue also increased, from 22% to 29%.
The company earns the No. 1 rank among its peers in the Mining-Gold/Silver/Gems industry group. Alamos Gold and AngloGold Ashanti are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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