Pan American Silver (TSE:PAAS) Trading Down 0% Following Insider Selling

Pan American Silver Corp. (TSE:PAAS - Get Free Report)'s share price traded down 0% during mid-day trading on Tuesday after an insider sold shares in the company. The stock traded as low as C$39.92 and last traded at C$40.75. 1,088,497 shares changed hands during trading, an increase of 14% from the average session volume of 958,496 shares. The stock had previously closed at C$40.76.

Specifically, Senior Officer Siren Fisekci sold 4,763 shares of the firm's stock in a transaction dated Monday, July 14th. The stock was sold at an average price of C$41.21, for a total transaction of C$196,303.71. Also, Senior Officer Matthew Robert Andrews sold 2,006 shares of the firm's stock in a transaction dated Monday, July 14th. The shares were sold at an average price of C$41.02, for a total value of C$82,291.14. In other news, Senior Officer Matthew Robert Andrews sold 2,000 shares of the business's stock in a transaction dated Thursday, July 10th. The stock was sold at an average price of C$40.12, for a total transaction of C$80,236.00.

Analyst Upgrades and Downgrades

Separately, National Bankshares boosted their price target on 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 Trading Down 2.8%

The company's 50-day moving average price is C$37.07 and its 200-day moving average price is C$35.27. The firm has a market cap of C$10.10 billion, a price-to-earnings ratio of -212.26, a price-to-earnings-growth ratio of 24.57 and a beta of 1.40. 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 announced a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, June 2nd were given a $0.10 dividend. The ex-dividend date was Tuesday, May 20th. This represents a $0.40 annualized dividend and a dividend yield of 1.01%. Pan American Silver's dividend payout ratio (DPR) is -289.52%.

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.