Deutsche Bank downgrades Pan American Silver (PAAS -2.3%) to Hold from Buy, saying that while...

|About: Pan American Silver Corp. (PAAS)|By:, SA News Editor

Deutsche Bank downgrades Pan American Silver (PAAS -2.3%) to Hold from Buy, saying that while the firm still sees upside to gold and silver prices, many precious metal firms are not generating sufficient EPS to justify upside based on P/E multiples of Industrial peers. Hecla Mining (HL -2.5%) and Silver Standard (SSRI -1.9%) are cut to Sell, citing a lack of earnings growth.