Pan American Silver (TSE:PAAS) Shares Pass Below 50 Day Moving Average - Should You Sell?

Pan American Silver Corp. (TSE:PAAS - Get Free Report) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$30.77 and traded as low as C$30.30. Pan American Silver shares last traded at C$31.04, with a volume of 589,037 shares traded.

Analysts Set New Price Targets

Separately, National Bankshares raised their price objective on shares of Pan American Silver from C$44.25 to C$45.00 and gave the company an "outperform" rating in a research report on Thursday, January 9th.

Pan American Silver Stock Performance

The business has a 50 day moving average price of C$30.77 and a two-hundred day moving average price of C$29.86. The stock has a market cap of C$11.27 billion, a P/E ratio of -55.43, 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 17.98.

Pan American Silver Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 29th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date was Monday, November 18th. Pan American Silver's dividend payout ratio (DPR) is currently -96.43%.

Insider Activity

In other news, Senior Officer Ignacio Llerena Couturier sold 3,750 shares of the firm's stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of C$31.40, for a total transaction of C$117,750.00. Company insiders own 0.07% of the company's stock.

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.