Insider Selling: Pan American Silver Corp. (TSE:PAAS) Senior Officer Sells 7,000 Shares of Stock

Pan American Silver Corp. (TSE:PAAS) Senior Officer Cameron Paterson sold 7,000 shares of the stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of C$30.29, for a total transaction of C$212,037.70.

Pan American Silver Price Performance

PAAS stock opened at C$28.75 on Monday. Pan American Silver Corp. has a 52 week low of C$16.50 and a 52 week high of C$30.67. The firm has a market capitalization of C$10.43 billion, a P/E ratio of -43.56, a price-to-earnings-growth ratio of 24.57 and a beta of 1.36. The company has a fifty day simple moving average of C$24.83 and a two-hundred day simple moving average of C$21.29. The company has a quick ratio of 0.88, a current ratio of 2.11 and a debt-to-equity ratio of 17.72.

Pan American Silver Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Monday, June 3rd will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, May 17th. This represents a $0.40 annualized dividend and a yield of 1.39%. Pan American Silver’s payout ratio is currently -83.33%.

Analysts Set New Price Targets

Separately, National Bankshares increased their target price on Pan American Silver from C$34.50 to C$35.25 and gave the stock an “outperform” rating in a research report on Monday, May 13th.

About Pan American Silver

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.