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

Pan American Silver (TSE:PAAS) had its target price boosted by National Bankshares from C$32.00 to C$34.50 in a research note issued to investors on Friday morning, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Pan American Silver Price Performance

Pan American Silver stock opened at C$26.24 on Friday. The company has a current ratio of 2.23, a quick ratio of 0.88 and a debt-to-equity ratio of 17.25. The company has a market capitalization of C$9.57 billion, a PE ratio of -59.64, a P/E/G ratio of 24.57 and a beta of 1.41. Pan American Silver has a 12 month low of C$16.50 and a 12 month high of C$28.31. The stock has a 50-day moving average price of C$20.23 and a two-hundred day moving average price of C$20.09.

Pan American Silver Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 15th were paid a $0.10 dividend. The ex-dividend date was Friday, March 1st. This represents a $0.40 annualized dividend and a dividend yield of 1.52%. Pan American Silver’s payout ratio is -122.73%.

Insider Activity

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