Pan American Silver Corp. (TSE:PAAS – Get Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$28.49 and last traded at C$28.29, with a volume of 204570 shares trading hands. The stock had previously closed at C$28.22.
Analyst Upgrades and Downgrades
Separately, National Bankshares upped their price target on shares of Pan American Silver from C$32.00 to C$34.50 and gave the company an “outperform” rating in a research report on Friday, April 19th.
View Our Latest Stock Report on PAAS
Pan American Silver Stock Performance
The company has a market capitalization of C$10.16 billion, a P/E ratio of -63.32, a price-to-earnings-growth ratio of 24.57 and a beta of 1.41. The stock’s 50 day moving average price is C$22.84 and its 200 day moving average price is C$20.72. The company has a debt-to-equity ratio of 17.25, a quick ratio of 0.88 and a current ratio of 2.23.
Pan American Silver Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 15th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.44%. The ex-dividend date of this dividend was Friday, March 1st. Pan American Silver’s dividend payout ratio is presently -122.73%.
Insider Buying and Selling
In related news, Senior Officer Sean Mcaleer bought 17,601 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The shares were acquired at an average cost of C$13.33 per share, with a total value of C$234,621.33. In other Pan American Silver news, Senior Officer Sean Mcaleer acquired 17,601 shares of the company’s stock in a transaction on Monday, March 4th. The shares were purchased at an average cost of C$13.33 per share, with a total value of C$234,621.33. Also, Director Gillian Winckler acquired 3,000 shares of the company’s stock in a transaction on Tuesday, February 27th. The stock was acquired at an average cost of C$17.02 per share, for a total transaction of C$51,060.00. 0.07% of the stock is owned by insiders.
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.
Further Reading
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