Pan American Silver (TSE:PAAS) Price Target Raised to C$44.25

Pan American Silver (TSE:PAAS) had its target price upped by National Bankshares from C$40.75 to C$44.25 in a research report sent to investors on Tuesday morning,BayStreet.CA reports.

Pan American Silver Stock Up 2.0 %

Pan American Silver stock opened at C$30.74 on Tuesday. Pan American Silver has a fifty-two week low of C$16.50 and a fifty-two week high of C$36.00. The company has a debt-to-equity ratio of 17.98, a quick ratio of 0.88 and a current ratio of 2.06. The firm’s 50-day simple moving average is C$29.81 and its 200 day simple moving average is C$28.87. The stock has a market cap of C$11.16 billion, a PE ratio of -54.89, a price-to-earnings-growth ratio of 24.57 and a beta of 1.40.

Pan American Silver Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 29th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, November 18th. This represents a $0.40 dividend on an annualized basis and a yield of 1.30%. Pan American Silver’s dividend payout ratio (DPR) is currently -96.43%.

Insiders Place Their Bets

In other Pan American Silver news, Senior Officer Christopher Emerson sold 2,000 shares of the stock in a transaction on Friday, October 11th. The stock was sold at an average price of C$31.11, for a total transaction of C$62,222.60. 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.