Pan American Silver (TSE:PAAS) Given New C$44.25 Price Target at National Bankshares

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

Pan American Silver Price Performance

PAAS opened at C$30.64 on Tuesday. The company has a quick ratio of 0.88, a current ratio of 2.06 and a debt-to-equity ratio of 17.98. The company’s 50-day moving average price is C$29.78 and its 200 day moving average price is C$28.84. Pan American Silver has a fifty-two week low of C$16.50 and a fifty-two week high of C$36.00. The firm has a market cap of C$11.12 billion, a price-to-earnings ratio of -54.71, a price-to-earnings-growth ratio of 24.57 and a beta of 1.40.

Pan American Silver Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 29th will be given 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 1.31%. Pan American Silver’s dividend payout ratio is currently -96.43%.

Insider Buying and Selling

In other news, Senior Officer Christopher Emerson sold 2,000 shares of the business’s stock in a transaction on Friday, October 11th. The shares were sold at an average price of C$31.11, for a total transaction of C$62,222.60. 0.07% of the stock is owned by company insiders.

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.