Pan American Silver (TSE:PAAS) Given New C$34.50 Price Target at National Bankshares

Pan American Silver (TSE:PAAS) had its price target upped by National Bankshares from C$32.00 to C$34.50 in a research report released on Friday, BayStreet.CA reports. They currently have an outperform rating on the stock.

Pan American Silver Stock Performance

Shares of Pan American Silver stock opened at C$24.98 on Friday. The business has a 50-day simple moving average of C$20.23 and a 200 day simple moving average of C$20.11. Pan American Silver has a one year low of C$16.50 and a one year high of C$28.31. The company has a debt-to-equity ratio of 17.25, a current ratio of 2.23 and a quick ratio of 0.88. The firm has a market capitalization of C$9.11 billion, a price-to-earnings ratio of -56.77, a PEG ratio of 24.57 and a beta of 1.41.

Pan American Silver Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 15th were issued a $0.10 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $0.40 annualized dividend and a dividend yield of 1.60%. Pan American Silver’s dividend payout ratio is currently -122.73%.

Insider Buying and Selling

In related news, Senior Officer Sean Mcaleer purchased 17,601 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The shares were bought at an average cost of C$13.33 per share, with a total value of C$234,621.33. In other news, Senior Officer Sean Mcaleer purchased 17,601 shares of the firm’s stock in a transaction dated Monday, March 4th. The shares were purchased at an average price of C$13.33 per share, with a total value of C$234,621.33. Also, Director Gillian Winckler bought 3,000 shares of the firm’s stock in a transaction on Tuesday, February 27th. The stock was acquired at an average price of C$17.02 per share, for a total transaction of C$51,060.00. 0.07% of the stock is owned by corporate insiders.

About Pan American Silver

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.