Pan American Silver (TSE:PAAS) Stock Price Down 0.8% - Here's Why

Key Points

• Shares of Pan American Silver fell 0.8% to C$79.11 on Monday, trading as low as C$77.90 with volume about 21% below the average.
• Analyst views are mixed—Jefferies cut its target to C$54 while National Bank lifted its target to C$110—yet MarketBeat shows a consensus Buy with an average target of C$69.67.
• The company reported C$1.52 EPS for the quarter, has a P/E of 30.9 and market cap of C$33.38B, and recently raised its quarterly dividend to $0.18 (annualized $0.72, ~0.9% yield).

Pan American Silver Corp. (TSE:PAAS - Get Free Report) shares dropped 0.8% on Monday . The company traded as low as C$77.90 and last traded at C$79.11. Approximately 910,889 shares changed hands during trading, a decline of 21% from the average daily volume of 1,153,203 shares. The stock had previously closed at C$79.78.

Wall Street Analysts Forecast Growth

PAAS has been the subject of a number of recent research reports. Jefferies Financial Group dropped their price target on shares of Pan American Silver from C$58.00 to C$54.00 in a research note on Wednesday, January 21st. National Bank Financial upped their target price on shares of Pan American Silver from C$95.00 to C$110.00 in a research note on Friday, February 27th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Pan American Silver currently has a consensus rating of "Buy" and an average target price of C$69.67.

Pan American Silver Price Performance

The company has a debt-to-equity ratio of 13.39, a current ratio of 2.69 and a quick ratio of 0.88. The stock has a market cap of C$33.38 billion, a P/E ratio of 30.90, a P/E/G ratio of 24.57 and a beta of 1.99. The company's 50 day simple moving average is C$78.90 and its 200 day simple moving average is C$68.84.

Pan American Silver (TSE:PAAS - Get Free Report) last issued its earnings results on Wednesday, February 18th. The company reported C$1.52 EPS for the quarter. Pan American Silver had a net margin of 27.08% and a return on equity of 16.85%. The firm had revenue of C$1.62 billion during the quarter. As a group, equities analysts forecast that Pan American Silver Corp. will post 1.9192235 earnings per share for the current year.

Pan American Silver Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, March 13th were given a dividend of $0.18 per share. This is a positive change from Pan American Silver's previous quarterly dividend of $0.14. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Monday, March 2nd. Pan American Silver's payout ratio is currently 17.97%.

Pan American Silver Company Profile

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. Pan American Silver is based in British Columbia.

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