Pan American Silver (TSE:PAAS) Price Target Raised to C$52.50

Pan American Silver (TSE:PAAS - Get Free Report) had its price target hoisted by analysts at National Bankshares from C$45.25 to C$52.50 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The brokerage currently has an "outperform" rating on the stock. National Bankshares' price objective points to a potential upside of 68.76% from the company's current price.

Pan American Silver Stock Up 1.8 %

TSE PAAS traded up C$0.54 on Wednesday, hitting C$31.11. 1,628,851 shares of the company were exchanged, compared to its average volume of 781,500. Pan American Silver has a 12 month low of C$23.85 and a 12 month high of C$39.20. 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 company has a market cap of C$7.94 billion, a PE ratio of -166.80, a PEG ratio of 24.57 and a beta of 1.40. The stock has a fifty day moving average of C$35.43 and a 200-day moving average of C$32.30.

Insider Transactions at Pan American Silver

In other news, Senior Officer Guido Mastropietro sold 1,500 shares of the stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of C$31.54, for a total value of C$47,314.95. Also, Senior Officer Martin Wafforn sold 20,000 shares of Pan American Silver 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. Insiders have sold 26,047 shares of company stock valued at $930,080 over the last ninety days. 0.07% of the stock is owned by company insiders.

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.