Insider Selling: Pan American Silver Corp. (TSE:PAAS) Senior Officer Sells C$81,700.00 in Stock

Posted by Latisha Jones on Jul 11th, 2024

Pan American Silver Corp. (TSE:PAAS – Get Free Report) Senior Officer Steven Busby sold 3,800 shares of the company’s stock in a transaction on Friday, July 5th. The shares were sold at an average price of C$21.50, for a total value of C$81,700.00.

Steven Busby also recently made the following trade(s):

On Friday, June 21st, Steven Busby sold 200 shares of Pan American Silver stock. The stock was sold at an average price of C$20.28, for a total transaction of C$4,056.00.

Pan American Silver Stock Performance

TSE PAAS opened at C$30.84 on Thursday. The company’s 50 day simple moving average is C$28.15 and its two-hundred day simple moving average is C$23.15. The company has a debt-to-equity ratio of 17.72, a current ratio of 2.11 and a quick ratio of 0.88. Pan American Silver Corp. has a 1 year low of C$16.50 and a 1 year high of C$31.04. The stock has a market capitalization of C$11.19 billion, a PE ratio of -46.73, a P/E/G ratio of 24.57 and a beta of 1.36.

Pan American Silver Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Monday, June 3rd were given a $0.10 dividend. The ex-dividend date of this dividend was Friday, May 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.30%. Pan American Silver’s dividend payout ratio (DPR) is presently -83.33%.

Analyst Upgrades and Downgrades

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

Read Our Latest Report on Pan American Silver

About Pan American Silver

(Get Free Report)

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.