Pan American Silver (TSE:PAAS) Stock Price Expected to Rise, National Bankshares Analyst Says

Pan American Silver (TSE:PAAS) had its target price upped by equities researchers at National Bankshares from C$44.25 to C$45.00 in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ target price suggests a potential upside of 43.08% from the company’s current price.

Pan American Silver Price Performance

Shares of PAAS stock traded up C$0.58 during mid-day trading on Thursday, reaching C$31.45. The stock had a trading volume of 154,287 shares, compared to its average volume of 497,079. The company has a market cap of C$11.42 billion, a P/E ratio of -56.16, a price-to-earnings-growth ratio of 24.57 and a beta of 1.40. The company has a current ratio of 2.06, a quick ratio of 0.88 and a debt-to-equity ratio of 17.98. Pan American Silver has a 12-month low of C$16.50 and a 12-month high of C$36.00. The business has a 50-day simple moving average of C$31.16 and a 200 day simple moving average of C$29.70.

Insider Transactions at Pan American Silver

In related news, Senior Officer Christopher Emerson sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of C$31.11, for a total transaction of C$62,222.60. Also, Senior Officer Ignacio Llerena Couturier sold 3,750 shares of the stock in a transaction on Thursday, November 21st. The shares were sold at an average price of C$31.40, for a total value of C$117,750.00. 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.