Pan American Silver had its Relative Strength (RS) Rating upgraded from 79 to 82 Monday.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an RS Rating of over 80 in the early stages of their moves.
Pan American Silver is building a consolidation with a 28.60 buy point. See if it can clear the breakout price in heavy trading.
Top and bottom line growth moved higher last quarter. Earnings were up 4,100%, compared to 0% in the prior report. Revenue increased from 22% to 29%.
Pan American Silver holds the No. 23 rank among its peers in the Mining-Gold/Silver/Gems industry group. Agnico-Eagle Mines, Alamos Gold and AngloGold Ashanti are among the top 5 highly rated stocks within the group.
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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