Pan American Silver Corp. (TSE:PAAS) Senior Officer Steven Busby sold 4,000 shares of Pan American Silver stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of C$23.03, for a total value of C$92,120.00. Following the transaction, the insider now owns 80,690 shares of the company’s stock, valued at approximately C$1,858,290.70.
PAAS stock opened at C$22.64 on Friday. Pan American Silver Corp. has a 1-year low of C$13.83 and a 1-year high of C$23.27. The business has a fifty day moving average price of C$19.58 and a 200-day moving average price of C$17.64. The company has a debt-to-equity ratio of 15.66, a current ratio of 4.09 and a quick ratio of 1.35. The stock has a market capitalization of $4.85 billion and a P/E ratio of -181.12.
The firm also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 30th will be paid a $0.035 dividend. This represents a $0.14 annualized dividend and a dividend yield of 0.62%. The ex-dividend date is Friday, August 16th. Pan American Silver’s dividend payout ratio is currently -112.00%.
About Pan American Silver
Pan American Silver Corp., together with its subsidiaries, engages in the exploration, development, extraction, processing, refining, and reclamation of silver mines. The company owns and operates mines located in Mexico, Peru, Canada, Argentina, and Bolivia. It also produces and sells gold, zinc, lead, and copper.
Featured Story: What is a Reverse Stock Split?
Receive News & Ratings for Pan American Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pan American Silver and related companies with MarketBeat.com's FREE daily email newsletter.