Pan American Silver (TSE:PAAS) Stock Price Expected to Rise, National Bankshares Analyst Says

Pan American Silver (TSE:PAAS) had its target price hoisted by research analysts at National Bankshares from C$45.00 to C$47.25 in a note issued to investors on Tuesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ target price suggests a potential upside of 31.14% from the company’s previous close.

Pan American Silver Stock Performance

Shares of PAAS stock opened at C$36.03 on Tuesday. Pan American Silver has a 12-month low of C$16.50 and a 12-month high of C$36.54. The company has a debt-to-equity ratio of 17.98, a current ratio of 2.06 and a quick ratio of 0.88. The firm has a market capitalization of C$13.08 billion, a price-to-earnings ratio of -64.34, a price-to-earnings-growth ratio of 24.57 and a beta of 1.40. The business has a 50 day simple moving average of C$31.73 and a 200 day simple moving average of C$30.48.

Insiders Place Their Bets

In related news, Senior Officer Ignacio Llerena Couturier sold 3,750 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of C$31.40, for a total value of C$117,750.00. Also, Senior Officer Guido Mastropietro sold 1,500 shares of Pan American Silver 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 transaction of C$47,314.95. In the last three months, insiders have sold 5,797 shares of company stock worth $181,940. 0.07% of the stock is owned by corporate 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.