Amira Nature Foods Ltd (ANFI) Forms $5.25 Double Bottom; Pan American Silver (PAAS) Sellers Decreased By 46.91% Their Shorts

August 29, 2017 - By Marguerite Chambers

Amira Nature Foods Ltd (ANFI) formed double bottom with $4.83 target or 8.00% below today’s $5.25 share price. Amira Nature Foods Ltd (ANFI) has $209.94M valuation. The stock increased 1.16% or $0.06 on August 28, reaching $5.25. About shares traded. Amira Nature Foods Ltd (NYSE:ANFI) has declined 27.11% since August 29, 2016 and is downtrending. It has underperformed by 43.81% the S&P500.

Pan American Silver Corporation (NASDAQ:PAAS) had a decrease of 46.91% in short interest. PAAS’s SI was 1.90 million shares in August as released by FINRA. Its down 46.91% from 3.59 million shares previously. With 1.35M avg volume, 1 days are for Pan American Silver Corporation (NASDAQ:PAAS)’s short sellers to cover PAAS’s short positions. The SI to Pan American Silver Corporation’s float is 1.27%. The stock increased 3.51% or $0.63 during the last trading session, reaching $18.56. About 500 shares traded. Pan American Silver Corp. (USA) (NASDAQ:PAAS) has risen 17.69% since August 29, 2016 and is uptrending. It has outperformed by 0.99% the S&P500.

Among 3 analysts covering Amira Nature Foods (NYSE:ANFI), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Amira Nature Foods had 6 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Amira Nature Foods Ltd (NYSE:ANFI) has “Market Perform” rating given on Tuesday, August 18 by BMO Capital Markets. The rating was upgraded by Zacks on Monday, August 10 to “Hold”. On Tuesday, August 4 the stock rating was maintained by Oppenheimer with “Buy”. The rating was initiated by Jefferies with “Buy” on Wednesday, September 21. The rating was maintained by Jefferies on Thursday, June 29 with “Buy”. The rating was initiated by KeyBanc Capital Markets with “Sector Weight” on Wednesday, April 19.

Among 7 analysts covering Pan American Silver Corp. (NASDAQ:PAAS), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Pan American Silver Corp. had 29 analyst reports since August 13, 2015 according to SRatingsIntel. The firm earned “Market Perform” rating on Monday, March 14 by BMO Capital Markets. The stock of Pan American Silver Corp. (USA) (NASDAQ:PAAS) has “Mkt Perform” rating given on Thursday, January 28 by FBR Capital. The company was upgraded on Monday, February 22 by IBC. The stock of Pan American Silver Corp. (USA) (NASDAQ:PAAS) earned “Market Perform” rating by BMO Capital Markets on Tuesday, August 23. On Wednesday, August 9 the stock rating was maintained by BMO Capital Markets with “Hold”. On Thursday, May 12 the stock rating was upgraded by BMO Capital Markets to “Outperform”. FBR Capital initiated the shares of PAAS in report on Friday, September 18 with “Outperform” rating. RBC Capital Markets upgraded the shares of PAAS in report on Tuesday, March 21 to “Outperform” rating. BMO Capital Markets maintained Pan American Silver Corp. (USA) (NASDAQ:PAAS) on Wednesday, June 28 with “Hold” rating. IBC upgraded the shares of PAAS in report on Friday, April 8 to “Outperformer” rating.

Pan American Silver Corp. is a silver production company. The company has market cap of $2.83 billion. The Firm is principally engaged in the operation and development of, and exploration for, silver producing properties. It has a 23.78 P/E ratio. The Company’s divisions include Peru, Mexico, Argentina and Bolivia.