Pan American Silver Breaks Below 200-Day Moving Average – Notable for PAAS

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In trading on Thursday, shares of Pan American Silver Corp (Symbol: PAAS) crossed below their 200 day moving average of $16.75, changing hands as low as $16.58 per share. Pan American Silver Corp shares are currently trading down about 1.7% on the day. The chart below shows the one year performance of PAAS shares, versus its 200 day moving average: Pan American Silver Corp 200 Day Moving Average Chart

Looking at the chart above, PAAS’s low point in its 52 week range is $13.99 per share, with $21.29 as the 52 week high point – that compares with a last trade of $16.69. According to the ETF Finder at ETF Channel, PAAS makes up 6.53% of the Silver Miners ETF (Symbol: SIL) which is trading lower by about 1.3% on the day Thursday.

Click here to find out which 9 other metals stocks recently crossed below their 200 day moving average »

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