Pan American Silver (TSE:PAAS) Price Target Raised to C$34.50 at National Bankshares

Pan American Silver (TSE:PAAS) had its price target raised by National Bankshares from C$32.00 to C$34.50 in a report published on Friday morning, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Pan American Silver Trading Down 0.1 %

Shares of PAAS stock opened at C$26.24 on Friday. Pan American Silver has a 12 month low of C$16.50 and a 12 month high of C$28.31. The company has a quick ratio of 0.88, a current ratio of 2.23 and a debt-to-equity ratio of 17.25. The business’s 50 day moving average is C$20.23 and its two-hundred day moving average is C$20.09. The company has a market cap of C$9.57 billion, a PE ratio of -59.64, a price-to-earnings-growth ratio of 24.57 and a beta of 1.41.

Pan American Silver Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 15th were issued a dividend of $0.10 per share. The ex-dividend date was Friday, March 1st. This represents a $0.40 annualized dividend and a yield of 1.52%. Pan American Silver’s dividend payout ratio (DPR) is presently -122.73%.

Insider Buying and Selling at Pan American Silver

In other Pan American Silver news, Director Gillian Winckler acquired 3,000 shares of Pan American Silver stock in a transaction dated Tuesday, February 27th. The stock was bought at an average cost of C$17.02 per share, with a total value of C$51,060.00. In other Pan American Silver news, Director Gillian Winckler acquired 3,000 shares of Pan American Silver stock in a transaction dated Tuesday, February 27th. The stock was bought at an average cost of C$17.02 per share, with a total value of C$51,060.00. Also, Senior Officer Sean Mcaleer acquired 17,601 shares of Pan American Silver stock in a transaction dated Monday, March 4th. The stock was acquired at an average cost of C$13.33 per share, with a total value of C$234,621.33. 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.