National Bankshares Forecasts Strong Price Appreciation for Pan American Silver (TSE:PAAS) Stock

Pan American Silver (TSE:PAAS) had its price target lifted by stock analysts at National Bankshares from C$45.00 to C$47.25 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price target would suggest a potential upside of 31.14% from the stock’s current price.

Pan American Silver Stock Performance

Shares of PAAS stock opened at C$36.03 on Tuesday. The company has a current ratio of 2.06, a quick ratio of 0.88 and a debt-to-equity ratio of 17.98. Pan American Silver has a 12-month low of C$16.50 and a 12-month high of C$36.54. The company has a market cap of C$13.08 billion, a price-to-earnings ratio of -64.34, a price-to-earnings-growth ratio of 24.57 and a beta of 1.40. The stock has a 50 day simple moving average of C$31.73 and a 200-day simple moving average of C$30.48.

Insider Activity at Pan American Silver

In other news, Senior Officer Guido Mastropietro sold 1,500 shares of the company’s stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of C$31.54, for a total transaction of C$47,314.95. Also, Senior Officer Ignacio Llerena Couturier sold 3,750 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of C$31.40, for a total value of C$117,750.00. In the last quarter, insiders sold 5,797 shares of company stock valued at $181,940. 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.