Pan American Silver (TSE:PAAS) Shares Up 1.1%

Pan American Silver Corp. (TSE:PAAS)’s stock price was up 1.1% during trading on Monday . The stock traded as high as C$25.74 and last traded at C$25.51. Approximately 397,432 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 759,963 shares. The stock had previously closed at C$25.24.

Analyst Upgrades and Downgrades

Separately, National Bankshares raised their price objective on shares of 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.

Pan American Silver Stock Performance

The stock’s 50-day moving average is C$28.89 and its 200-day moving average is C$26.13. The company has a debt-to-equity ratio of 17.98, a current ratio of 2.06 and a quick ratio of 0.88. The stock has a market cap of C$9.50 billion, a price-to-earnings ratio of -47.38, a price-to-earnings-growth ratio of 24.57 and a beta of 1.40.

Pan American Silver Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Friday, August 30th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.53%. The ex-dividend date was Monday, August 19th. Pan American Silver’s dividend payout ratio is currently -98.18%.

Insider Buying and Selling

In related news, Senior Officer Christopher Emerson sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of C$32.19, for a total transaction of C$128,740.00. In related news, Senior Officer Christopher Emerson sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of C$32.19, for a total transaction of C$128,740.00. Also, Senior Officer Steven Busby sold 3,800 shares of the company’s stock in a transaction that occurred 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. In the last three months, insiders sold 16,426 shares of company stock valued at $448,154. Company insiders own 0.07% of the company’s stock.

Pan American Silver Company Profile

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.