Pan American Silver (PAAS) Laps the Stock Market: Here's Why

Pan American Silver (PAAS) rose 1.32% to $45.92, outperforming the S&P 500's 0.58% gain. Despite a 11.73% monthly decline, analysts expect strong earnings growth of 91.67% year-over-year with revenue projected at $1.24 billion (+44.54% YoY). The stock holds a Zacks Rank #3 (Hold) with a Forward P/E of 11.89, in line with industry averages. However, the Mining-Silver industry ranks in the bottom 14% of all industries.