Pan American Silver (TSE:PAAS) Sets New 1-Year High – Still a Buy?

Pan American Silver Corp. (TSE:PAAS)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as C$36.03 and last traded at C$36.00, with a volume of 425553 shares trading hands. The stock had previously closed at C$34.65.

Analysts Set New Price Targets

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

Pan American Silver Stock Performance

The company has a quick ratio of 0.88, a current ratio of 2.06 and a debt-to-equity ratio of 17.98. The company has a market capitalization of C$13.01 billion, a PE ratio of -64.00, a PEG ratio of 24.57 and a beta of 1.40. The company has a 50-day moving average price of C$31.15 and a two-hundred day moving average price of C$30.28.

Pan American Silver Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 29th were given a $0.10 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.12%. Pan American Silver’s dividend payout ratio (DPR) is presently -96.43%.

Insider Buying and Selling at Pan American Silver

In related news, Senior Officer Guido Mastropietro sold 1,500 shares of the stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of C$31.54, for a total value of C$47,314.95. Also, Senior Officer Ignacio Llerena Couturier sold 3,750 shares of Pan American Silver stock in a transaction that occurred 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 sold a total of 5,797 shares of company stock worth $181,940 over the last three months. 0.07% of the stock is owned by 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.