PAAS is at a crucial inflection point.
- Long-Term Breakout: Price recently broke out above the multi-year descending trendline (red dashed line) with strong volume.
- Price Target: A confirmed breakout opens the door for a potential double in price, aiming towards the all-time highs and beyond ($70.00+).
This technical signal is strongly backed by the company's recent performance:
- Silver Rally: Spot silver trading above $42/oz, driven by industrial (solar) and investment demand.
- Financial Strength: PAAS reported $1B+ cash and a 20% dividend increase tied to net cash.
- Growth Driver: The low-cost Juanicipio asset will boost silver production by 34% and significantly lower all-in sustaining costs next year.
The combination of a strong technical setup and robust fundamental catalysts makes PAAS a prime breakout candidate. Watch the closing price carefully!
Disclaimer: This is not financial advice. Trade responsibly.
- Long-Term Breakout: Price recently broke out above the multi-year descending trendline (red dashed line) with strong volume.
- Price Target: A confirmed breakout opens the door for a potential double in price, aiming towards the all-time highs and beyond ($70.00+).
This technical signal is strongly backed by the company's recent performance:
- Silver Rally: Spot silver trading above $42/oz, driven by industrial (solar) and investment demand.
- Financial Strength: PAAS reported $1B+ cash and a 20% dividend increase tied to net cash.
- Growth Driver: The low-cost Juanicipio asset will boost silver production by 34% and significantly lower all-in sustaining costs next year.
The combination of a strong technical setup and robust fundamental catalysts makes PAAS a prime breakout candidate. Watch the closing price carefully!
Disclaimer: This is not financial advice. Trade responsibly.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
