Matthew Robert Andrews Sells 11,668 Shares of Pan American Silver Corp. (TSE:PAAS) Stock

Pan American Silver Corp. (TSE:PAAS) Senior Officer Matthew Robert Andrews sold 11,668 shares of the firm’s stock in a transaction on Wednesday, July 10th. The shares were sold at an average price of C$17.17, for a total value of C$200,351.23. Following the completion of the sale, the insider now owns 19,659 shares in the company, valued at C$337,564.69.

Pan American Silver stock traded up C$0.21 during midday trading on Friday, reaching C$17.02. The company’s stock had a trading volume of 237,100 shares, compared to its average volume of 395,695. Pan American Silver Corp. has a fifty-two week low of C$13.83 and a fifty-two week high of C$22.95. The company has a current ratio of 3.83, a quick ratio of 1.15 and a debt-to-equity ratio of 15.95. The stock has a market cap of $3.57 billion and a P/E ratio of -709.17. The stock’s 50-day moving average is C$15.88.

PAAS has been the topic of a number of analyst reports. National Bank Financial cut Detour Gold to a “hold” rating in a research note on Friday, June 28th. JPMorgan Chase & Co. raised their price target on Dell from $68.00 to $77.00 and gave the company an “overweight” rating in a research note on Monday, April 15th. Finally, Pi Financial raised their price target on Wesdome Gold Mines from C$4.10 to C$4.30 in a research note on Monday, March 25th.

Pan American Silver Company Profile

Pan American Silver Corp., together with its subsidiaries, engages in the exploration, development, extraction, processing, refining, and reclamation of silver mines. The company owns and operates mines located in Mexico, Peru, Canada, Argentina, and Bolivia. It also produces and sells gold, zinc, lead, and copper.

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