Pan American Silver Corp. (TSE:PAAS) Senior Officer Sells C$720,496.00 in Stock

Pan American Silver Corp. (TSE:PAAS - Get Free Report) 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

TSE:PAAS traded down C$0.08 during mid-day trading on Friday, hitting C$34.45. The company's stock had a trading volume of 2,038,402 shares, compared to its average volume of 765,931. The business's fifty day moving average is C$32.55 and its two-hundred day moving average is C$30.80. The stock has a market cap of C$8.79 billion, a price-to-earnings ratio of -184.70, a PEG ratio of 24.57 and a beta of 1.40. Pan American Silver Corp. has a 1 year low of C$16.57 and a 1 year high of C$36.59. The company has a debt-to-equity ratio of 17.60, a current ratio of 2.06 and a quick ratio of 0.88.

Pan American Silver Dividend Announcement

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

Analyst Upgrades and Downgrades

Separately, National Bankshares decreased their price objective on shares of Pan American Silver from C$47.25 to C$45.25 and set an "outperform" rating for the company in a research note on Wednesday.

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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.