Pan American Silver (TSE:PAAS) Price Target Lowered to C$45.25 at National Bankshares

Pan American Silver (TSE:PAAS) had its target price decreased by stock analysts at National Bankshares from C$47.25 to C$45.25 in a research note issued to investors on Wednesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price target points to a potential upside of 31.05% from the company’s previous close.

Pan American Silver Stock Performance

Shares of PAAS stock opened at C$34.53 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 2.06 and a debt-to-equity ratio of 17.60. The stock’s 50-day moving average price is C$32.35 and its 200 day moving average price is C$30.74. Pan American Silver has a 52-week low of C$16.56 and a 52-week high of C$36.59. The stock has a market capitalization of C$8.81 billion, a PE ratio of -185.13, a price-to-earnings-growth ratio of 24.57 and a beta of 1.40.

Insiders Place Their Bets

In other news, Senior Officer Alan Scott Campbell sold 3,904 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of C$33.09, for a total transaction of C$129,183.36. Also, Senior Officer Martin Wafforn sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of C$36.02, for a total value of C$720,496.00. In the last 90 days, insiders have sold 25,951 shares of company stock worth $913,869. Company 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.