Pan American Silver Corp. (TSE:PAAS) Senior Officer Sells C$61,183.49 in Stock

Pan American Silver Corp. (TSE:PAAS - Get Free Report) Senior Officer Matthew Robert Andrews sold 1,820 shares of the firm's stock in a transaction dated Wednesday, May 28th. The stock was sold at an average price of C$33.62, for a total transaction of C$61,183.49.

Pan American Silver Trading Down 0.4%

Shares of TSE:PAAS traded down C$0.14 during trading on Friday, reaching C$33.28. 1,774,607 shares of the company were exchanged, compared to its average volume of 875,498. The firm has a market capitalization of C$8.49 billion, a PE ratio of -178.43, a P/E/G ratio of 24.57 and a beta of 1.40. The business's fifty day simple moving average is C$34.56 and its 200-day simple moving average is C$33.43. Pan American Silver Corp. has a 12-month low of C$24.96 and a 12-month high of C$39.70. The company has a debt-to-equity ratio of 17.60, a current ratio of 2.06 and a quick ratio of 0.88.

Pan American Silver Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, June 2nd will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend is Tuesday, May 20th. Pan American Silver's payout ratio is presently -289.52%.

Wall Street Analyst Weigh In

Separately, National Bankshares raised their price objective on shares of Pan American Silver from C$45.25 to C$52.50 and gave the stock an "outperform" rating in a research note 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.