Pan American Silver Corp. (TSE:PAAS) Senior Officer Sells C$42,908.34 in Stock

Pan American Silver Corp. (TSE:PAAS) Senior Officer Guido Mastropietro sold 1,426 shares of the business’s stock in a transaction on Thursday, July 11th. The stock was sold at an average price of C$30.09, for a total value of C$42,908.34.

Pan American Silver Trading Down 0.6 %

TSE PAAS traded down C$0.18 on Friday, reaching C$32.54. 318,163 shares of the company were exchanged, compared to its average volume of 758,867. The business’s fifty day moving average price is C$28.30 and its 200 day moving average price is C$23.21. The stock has a market capitalization of C$11.81 billion, a P/E ratio of -49.58, a price-to-earnings-growth ratio of 24.57 and a beta of 1.36. The company has a current ratio of 2.11, a quick ratio of 0.88 and a debt-to-equity ratio of 17.72. Pan American Silver Corp. has a fifty-two week low of C$16.50 and a fifty-two week high of C$32.89.

Pan American Silver Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Monday, June 3rd were given a $0.10 dividend. The ex-dividend date was Friday, May 17th. This represents a $0.40 dividend on an annualized basis and a yield of 1.23%. Pan American Silver’s dividend payout ratio is currently -83.33%.

Analysts Set New Price Targets

Separately, National Bankshares boosted their price objective on Pan American Silver from C$35.25 to C$35.75 and gave the stock an “outperform” rating in a research note on Monday, June 10th.

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.