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Pan American Silver Corp. (PAA.CA) Shares Cross Below Book Value

By Canada Stock Channel Staff, Friday, January 11, 12:34 PM ET
Play Video: The Importance of Book Value


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In trading on Friday, shares of Pan American Silver Corp. (PAA.CA) crossed below their last reported book value — defined as common shareholder equity per share — of $18.16, changing hands as low as $18.00 per share. Pan American Silver Corp. shares are currently trading off about 0.9% on the day. The chart below shows the one year performance of PAA.CA shares, versus its 50 and 200 day moving averages:

Pan American Silver Corp. Moving Averages Chart

Looking at the chart above, PAA.CA's low point in its 52 week range is $13.79 per share, with $26.78 as the 52 week high point — that compares with a last trade of $18.22.

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