Pan American Silver (TSE:PAAS) Price Target Raised to C$45.00

Pan American Silver (TSE:PAAS) had its price objective lifted by equities researchers at National Bankshares from C$44.25 to C$45.00 in a note issued to investors on Thursday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price objective would suggest a potential upside of 43.08% from the company’s previous close.

Pan American Silver Price Performance

TSE PAAS traded up C$0.58 on Thursday, reaching C$31.45. The company’s stock had a trading volume of 154,287 shares, compared to its average volume of 497,079. The firm has a market cap of C$11.42 billion, a PE ratio of -56.16, a price-to-earnings-growth ratio of 24.57 and a beta of 1.40. The company has a current ratio of 2.06, a quick ratio of 0.88 and a debt-to-equity ratio of 17.98. Pan American Silver has a 52 week low of C$16.50 and a 52 week high of C$36.00. The business has a 50-day moving average price of C$31.16 and a 200 day moving average price of C$29.70.

Insiders Place Their Bets

In other Pan American Silver news, Senior Officer Christopher Emerson sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of C$31.11, for a total value of C$62,222.60. Also, Senior Officer Ignacio Llerena Couturier sold 3,750 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of C$31.40, for a total transaction of C$117,750.00. 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.