Pan American Silver (TSE:PAAS) Given New C$45.25 Price Target at National Bankshares

Pan American Silver (TSE:PAAS) had its price target cut by National Bankshares from C$47.25 to C$45.25 in a research report released on Wednesday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Pan American Silver Stock Performance

Shares of PAAS stock opened at C$35.90 on Wednesday. The business’s fifty day simple moving average is C$32.35 and its 200-day simple moving average is C$30.74. The company has a market cap of C$9.16 billion, a PE ratio of -192.48, a PEG ratio of 24.57 and a beta of 1.40. The company has a current ratio of 2.06, a quick ratio of 0.88 and a debt-to-equity ratio of 17.60. Pan American Silver has a 12-month low of C$16.56 and a 12-month high of C$36.59.

Insider Transactions at Pan American Silver

In related news, Senior Officer Guido Mastropietro sold 1,500 shares of the company’s stock in a transaction 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 the company’s stock in a transaction 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. Over the last three months, insiders have sold 22,047 shares of company stock valued at $784,686. Corporate insiders own 0.07% of the company’s stock.

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.