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Bullish Case: PAAS poised for upside with imminent robust Q1 results, strong gold and silver output, and high-grade drill results driving resource expansion—optimism evidenced by ongoing shareholder engagements and favorable Helium AI price forecasts.


Bearish Case: PAAS faces downside risk from declining metal prices, uncertainty in operations as shown by recent financial losses, and bearish Helium AI volatility estimates possibly indicating looming market pessimism.


Potential Outcomes:

1. Q1 2024 earnings exceed expectations, boosting share price (+60% likelihood).

2. Metal prices decline, hurting profitability (-30% likelihood).

3. Share buyback program effectively supports stock price; minor impact (+10% likelihood).


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April 18, 2024


Pan American Silver Forecast

PAAS        Pan American Silver
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with PAAS



SAND Forecast + Options Trading Strategies   [SAND]  Sandstorm Gold (0.86)


JNUG Forecast + Options Trading Strategies   [JNUG]  Direxion Daily Junior Gold Miners Index Bu (0.84)


SILJ Forecast + Options Trading Strategies   [SILJ]  ETF Managers Group LLC - ETFMG Prime Junior Silver Miners (0.83)


MAG Forecast + Options Trading Strategies   [MAG]  MAG Silver (0.82)


SIL Forecast + Options Trading Strategies   [SIL]  Global X Funds - Global X Silver Miners (0.8)



Uncorrelated Stock Forecasts

Assets with little price relationship to PAAS



ROIV Forecast + Options Trading Strategies   [ROIV]  Roivant Sciences (-0.0)


CFLT Forecast + Options Trading Strategies   [CFLT]  Confluent (-0.0)


SCI Forecast + Options Trading Strategies   [SCI]  Service Corp. International (0.0)


CMC Forecast + Options Trading Strategies   [CMC]  Commercial Metals (0.0)


FHN Forecast + Options Trading Strategies   [FHN]  First Horizon (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against PAAS



HDSN Forecast + Options Trading Strategies   [HDSN]  Hudson Technologies (-0.54)


JDST Forecast + Options Trading Strategies   [JDST]  Direxion Daily Junior Gold Miners Index Be (-0.55)


BRZE Forecast + Options Trading Strategies   [BRZE]  Braze (-0.57)


GRPN Forecast + Options Trading Strategies   [GRPN]  Groupon (-0.58)


YCS Forecast + Options Trading Strategies   [YCS]  ProShares UltraShort Yen (-0.58)





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