Christopher Emerson Sells 4,000 Shares of Pan American Silver Corp. (TSE:PAAS) Stock

Pan American Silver Corp. (TSE:PAAS) Senior Officer Christopher Emerson sold 4,000 shares of the business’s stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of C$36.35, for a total value of C$145,394.00.

Pan American Silver Stock Performance

TSE:PAAS traded up C$1.07 during trading hours on Wednesday, hitting C$36.32. 1,003,248 shares of the company traded hands, compared to its average volume of 771,747. 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 stock has a market capitalization of C$9.27 billion, a price-to-earnings ratio of -194.73, a P/E/G ratio of 24.57 and a beta of 1.40. The firm has a 50-day moving average of C$33.29 and a 200 day moving average of C$31.13. Pan American Silver Corp. has a twelve month low of C$18.37 and a twelve month high of C$36.59.

Pan American Silver Announces Dividend

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 paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend is Monday, March 3rd. Pan American Silver’s payout ratio is presently -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, February 26th.

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.