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

Pan American Silver Corp. (TSE:PAAS - Get Free Report)'s share price traded down 0% on Tuesday following insider selling activity. The company 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 company's stock in a transaction on Monday, July 14th. The shares were 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 company's stock in a transaction on Monday, July 14th. The stock was sold at an average price of C$41.02, for a total transaction of C$82,291.14. In related news, Senior Officer Matthew Robert Andrews sold 2,000 shares of the stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of C$40.12, for a total transaction of C$80,236.00.

Wall Street Analyst Weigh In

Separately, National Bankshares lifted 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 report on Wednesday, April 2nd.

Pan American Silver Price Performance

The firm has a market capitalization of C$9.84 billion, a PE ratio of -206.69, a PEG ratio of 24.57 and a beta of 1.40. The stock has a 50-day moving average price of C$37.27 and a 200 day moving average price of C$35.44. 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 company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, June 2nd were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date was Tuesday, May 20th. Pan American Silver's dividend payout ratio is presently -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.