Insider Selling: Pan American Silver Corp. (TSE:PAAS) Senior Officer Sells 20,000 Shares of Stock

Pan American Silver Corp. (TSE:PAAS) Senior Officer Martin Wafforn sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of C$36.02, for a total value of C$720,496.00.

Pan American Silver Stock Performance

PAAS stock opened at C$34.45 on Friday. The company has a current ratio of 2.06, a quick ratio of 0.88 and a debt-to-equity ratio of 17.60. The firm has a market cap of C$8.79 billion, a P/E ratio of -184.70, a P/E/G ratio of 24.57 and a beta of 1.40. Pan American Silver Corp. has a 12-month low of C$16.57 and a 12-month high of C$36.59. The stock’s 50 day simple moving average is C$32.45 and its 200 day simple moving average is C$30.77.

Pan American Silver Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, March 14th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 1.16%. Pan American Silver’s payout ratio is currently -289.52%.

Wall Street Analysts Forecast Growth

Separately, National Bankshares dropped their price target on Pan American Silver from C$47.25 to C$45.25 and set an “outperform” rating on the stock in a research report on Wednesday.

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.