Pan American Silver Corp. (TSE:PAAS) Senior Officer Sells C$355,085.57 in Stock

Pan American Silver Corp. (TSE:PAAS - Get Free Report) Senior Officer Delaney Joseph Fisher sold 8,804 shares of the firm's stock in a transaction dated Friday, June 20th. The stock was sold at an average price of C$40.33, for a total value of C$355,085.57.

Pan American Silver Stock Performance

PAAS traded down C$0.93 during trading on Tuesday, hitting C$38.92. 1,219,010 shares of the stock were exchanged, compared to its average volume of 948,957. The firm has a market capitalization of C$9.93 billion, a P/E ratio of -208.67, a PEG ratio of 24.57 and a beta of 1.40. Pan American Silver Corp. has a 1-year low of C$24.96 and a 1-year high of C$40.62. The stock has a fifty day moving average price of C$35.85 and a two-hundred day moving average price of C$34.39. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, June 2nd were given 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 dividend payout ratio (DPR) is presently -289.52%.

Wall Street Analysts Forecast Growth

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 report on Wednesday, April 2nd.

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.