National Bankshares Increases Pan American Silver (TSE:PAAS) Price Target to C$44.25

Pan American Silver (TSE:PAAS) had its target price raised by National Bankshares from C$40.75 to C$44.25 in a research report sent to investors on Tuesday,BayStreet.CA reports.

Pan American Silver Price Performance

TSE PAAS opened at C$30.64 on Tuesday. Pan American Silver has a 1 year low of C$16.50 and a 1 year high of C$36.00. The business’s fifty day moving average is C$29.78 and its two-hundred day moving average is C$28.84. The stock has a market capitalization of C$11.12 billion, a P/E ratio of -54.71, a P/E/G ratio of 24.57 and a beta of 1.40. The company has a debt-to-equity ratio of 17.98, a quick ratio of 0.88 and a current ratio of 2.06.

Pan American Silver Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 29th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Monday, November 18th. This represents a $0.40 dividend on an annualized basis and a yield of 1.31%. Pan American Silver’s dividend payout ratio is currently -96.43%.

Insiders Place Their Bets

In other Pan American Silver news, Senior Officer Christopher Emerson sold 2,000 shares of the firm’s stock in a transaction dated Friday, October 11th. The shares were sold at an average price of C$31.11, for a total value of C$62,222.60. Corporate 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.