Insider Selling: Pan American Silver Corp. (TSE:PAAS) Senior Officer Sells 4,000 Shares of Stock

Pan American Silver Corp. (TSE:PAAS) Senior Officer Christopher Emerson sold 4,000 shares of the stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of C$36.35, for a total value of C$145,394.00.

Pan American Silver Trading Up 0.2 %

Shares of PAAS stock opened at C$37.01 on Friday. The company has a quick ratio of 0.88, a current ratio of 2.06 and a debt-to-equity ratio of 17.60. Pan American Silver Corp. has a fifty-two week low of C$18.37 and a fifty-two week high of C$37.62. The firm’s 50 day moving average price is C$33.56 and its two-hundred day moving average price is C$31.20. The stock has a market cap of C$9.45 billion, a price-to-earnings ratio of -198.43, a price-to-earnings-growth ratio of 24.57 and a beta of 1.40.

Pan American Silver Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, March 14th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.40 annualized dividend and a dividend yield of 1.08%. Pan American Silver’s payout ratio is -289.52%.

Wall Street Analysts Forecast Growth

Separately, National Bankshares dropped their price target on Pan American Silver from C$47.25 to C$45.25 and set an “outperform” rating for the company in a research note on Wednesday, February 26th.

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.