Pan American Silver Corp. (TSE:PAAS) Senior Officer Matthew Robert Andrews Sells 2,006 Shares

Pan American Silver Corp. (TSE:PAAS - Get Free Report) Senior Officer Matthew Robert Andrews sold 2,006 shares of the firm's stock in a transaction dated Monday, July 14th. The stock was sold at an average price of C$41.02, for a total value of C$82,291.14.

Matthew Robert Andrews also recently made the following trade(s):

• On Thursday, July 10th, Matthew Robert Andrews sold 2,000 shares of Pan American Silver stock. The stock was sold at an average price of C$40.12, for a total value of C$80,236.00.
• On Thursday, July 3rd, Matthew Robert Andrews sold 3,000 shares of Pan American Silver stock. The shares were sold at an average price of C$38.95, for a total value of C$116,845.20.
• On Wednesday, May 28th, Matthew Robert Andrews sold 1,820 shares of Pan American Silver stock. The shares were sold at an average price of C$33.62, for a total value of C$61,183.49.

Pan American Silver Price Performance

Shares of PAAS traded down C$0.21 during trading hours on Friday, hitting C$38.84. 628,216 shares of the stock were exchanged, compared to its average volume of 954,244. The company has a debt-to-equity ratio of 17.60, a quick ratio of 0.88 and a current ratio of 2.06. The stock's 50-day moving average price is C$37.25 and its two-hundred day moving average price is C$35.37. The company has a market cap of C$9.91 billion, a price-to-earnings ratio of -208.24, a price-to-earnings-growth ratio of 24.57 and a beta of 1.40. Pan American Silver Corp. has a 12-month low of C$24.96 and a 12-month high of C$42.45.

Pan American Silver Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, June 2nd were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.03%. The ex-dividend date was Tuesday, May 20th. Pan American Silver's payout ratio is currently -289.52%.

Analyst Upgrades and Downgrades

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

About Pan American Silver

Pan American Silver Corp is a mining company focused exclusively on the exploration and development of silver mines. It produced roughly 22 million ounces of silver in 2011. The company operates primarily in Central and South America. It also sells the byproducts from its silver mining operations, including zinc, lead, copper, and gold.