Ignacio Llerena Couturier Sells 2,000 Shares of Pan American Silver Corp. (TSE:PAAS) Stock

Pan American Silver Corp. (TSE:PAAS - Get Free Report) Senior Officer Ignacio Llerena Couturier sold 2,000 shares of the business's stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of C$39.86, for a total transaction of C$79,724.00.

Pan American Silver Trading Down 0.7%

Shares of Pan American Silver stock traded down C$0.30 on Wednesday, hitting C$39.74. 1,157,012 shares of the company traded hands, compared to its average volume of 914,476. The company has a current ratio of 2.06, a quick ratio of 0.88 and a debt-to-equity ratio of 17.60. The company has a market cap of C$10.14 billion, a PE ratio of -213.07, a PEG ratio of 24.57 and a beta of 1.40. The stock's 50 day moving average price is C$35.51 and its 200-day moving average price is C$34.10. Pan American Silver Corp. has a 52 week low of C$24.96 and a 52 week high of C$40.62.

Pan American Silver Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, June 2nd were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a $0.40 annualized dividend and a yield of 1.01%. Pan American Silver's payout ratio is currently -289.52%.

Wall Street Analyst Weigh In

Separately, National Bankshares lifted their price objective on shares of Pan American Silver from C$45.25 to C$52.50 and gave the company an "outperform" rating in a report on Wednesday, April 2nd.

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.

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