Pan American Silver (TSE:PAAS) Stock Price Expected to Rise, National Bankshares Analyst Says

Pan American Silver (TSE:PAAS) had its price objective upped by National Bankshares from C$45.00 to C$47.25 in a report published on Tuesday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Pan American Silver Price Performance

PAAS stock opened at C$35.57 on Tuesday. The company has a debt-to-equity ratio of 17.60, a current ratio of 2.06 and a quick ratio of 0.88. Pan American Silver has a one year low of C$16.50 and a one year high of C$36.54. The stock has a market cap of C$9.08 billion, a PE ratio of -190.71, a P/E/G ratio of 24.57 and a beta of 1.40. The firm has a 50 day simple moving average of C$31.73 and a two-hundred day simple moving average of C$30.48.

Pan American Silver Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 29th were paid a $0.10 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.40 dividend on an annualized basis and a yield of 1.12%. Pan American Silver’s dividend payout ratio is presently -289.52%.

Insider Activity

In other news, Senior Officer Guido Mastropietro sold 1,500 shares of the company’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of C$31.54, for a total value of C$47,314.95. Also, Senior Officer Ignacio Llerena Couturier sold 3,750 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of C$31.40, for a total transaction of C$117,750.00. In the last 90 days, insiders sold 5,797 shares of company stock valued at $181,940. Corporate insiders own 0.07% of the company’s stock.

About Pan American Silver

Pan American Silver Corp. engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil. The company was formerly known as Pan American Minerals Corp. and changed its name to Pan American Silver Corp.