Hillsdale Investment Management INC Has Upped Stake in Pan American Silver Corp Com (PAAS)

October 13, 2018 - By Peter Kolinski

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Hillsdale Investment Management Inc increased its stake in Pan American Silver Corp Com (PAAS) by 224.87% based on its latest 2018Q2 regulatory filing with the SEC. Hillsdale Investment Management Inc bought 312,351 shares as the company’s stock declined 17.83% while stock markets rallied. The institutional investor held 451,251 shares of the precious metals company at the end of 2018Q2, valued at $8.08M, up from 138,900 at the end of the previous reported quarter. Hillsdale Investment Management Inc who had been investing in Pan American Silver Corp Com for a number of months, seems to be bullish on the $2.33B market cap company. The stock decreased 1.74% or $0.27 during the last trading session, reaching $15.22. About 1.74M shares traded or 32.62% up from the average. Pan American Silver Corp. (NASDAQ:PAAS) has declined 19.85% since October 13, 2017 and is downtrending. It has underperformed by 35.47% the S&P500.

Hillsdale Investment Management Inc, which manages about $1.05 billion and $814.75M US Long portfolio, decreased its stake in Stars Group Inc Com by 417,300 shares to 667,800 shares, valued at $24.23M in 2018Q2, according to the filing. It also reduced its holding in Norbord Inc Com New (NBRXF) by 115,900 shares in the quarter, leaving it with 624,248 shares, and cut its stake in Kirkland Lake Gold Ltd Com.

Another recent and important Pan American Silver Corp. (NASDAQ:PAAS) news was published by Globenewswire.com which published an article titled: “Consolidated Research: 2018 Summary Expectations for Pan American Silver, Invesco, Diodes, INVESCO …” on September 27, 2018.

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