Pan American Silver (TSE:PAAS) Stock Crosses Below Fifty Day Moving Average – What’s Next?

Shares of Pan American Silver Corp. (TSE:PAAS) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$30.77 and traded as low as C$30.30. Pan American Silver shares last traded at C$31.04, with a volume of 589,037 shares traded.

Analyst Ratings Changes

Separately, National Bankshares raised their target price on shares of Pan American Silver from C$44.25 to C$45.00 and gave the company an “outperform” rating in a research report on Thursday, January 9th.

Pan American Silver Price Performance

The company has a 50 day moving average price of C$30.77 and a 200-day moving average price of C$29.84. The company has a market cap of C$11.27 billion, a price-to-earnings ratio of -55.43, a P/E/G ratio of 24.57 and a beta of 1.40. The company has a quick ratio of 0.88, a current ratio of 2.06 and a debt-to-equity ratio of 17.98.

Pan American Silver Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 29th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend was Monday, November 18th. Pan American Silver’s payout ratio is currently -96.43%.

Insider Transactions at Pan American Silver

In related news, Senior Officer Ignacio Llerena Couturier sold 3,750 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of C$31.40, for a total value of C$117,750.00. 0.07% of the stock is owned by company insiders.

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.