National Bankshares Boosts Pan American Silver (TSE:PAAS) Price Target to C$45.00

Pan American Silver (TSE:PAAS) had its price target hoisted by National Bankshares from C$44.25 to C$45.00 in a report released on Thursday morning,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Pan American Silver Stock Up 2.2 %

PAAS opened at C$31.55 on Thursday. Pan American Silver has a 1 year low of C$16.50 and a 1 year high of C$36.00. The firm has a 50 day moving average price of C$31.16 and a 200 day moving average price of C$29.70. 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 company has a market cap of C$11.45 billion, a PE ratio of -56.34, 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 was paid on Friday, November 29th. Investors of record on Friday, November 29th were given a dividend of $0.10 per share. The ex-dividend date was Monday, November 18th. This represents a $0.40 dividend on an annualized basis and a yield of 1.27%. Pan American Silver’s dividend payout ratio (DPR) is -96.43%.

Insider Buying and Selling at Pan American Silver

In other news, Senior Officer Ignacio Llerena Couturier sold 3,750 shares of Pan American Silver stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of C$31.40, for a total transaction of C$117,750.00. 0.07% of the stock is currently owned by corporate 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.