Pan American Silver Corp. (TSE:PAAS) Senior Officer Matthew Robert Andrews Sells 7,000 Shares of Stock

Pan American Silver Corp. (TSE:PAAS) Senior Officer Matthew Robert Andrews sold 7,000 shares of the stock in a transaction dated Friday, June 14th. The shares were sold at an average price of C$27.25, for a total transaction of C$190,750.00.

Pan American Silver Stock Performance

Shares of TSE:PAAS opened at C$27.34 on Wednesday. The company’s 50 day moving average price is C$27.43 and its two-hundred day moving average price is C$22.35. Pan American Silver Corp. has a 12-month low of C$16.50 and a 12-month high of C$31.04. The firm has a market cap of C$9.92 billion, a PE ratio of -41.42, a PEG ratio of 24.57 and a beta of 1.36. The company has a quick ratio of 0.88, a current ratio of 2.11 and a debt-to-equity ratio of 17.72.

Pan American Silver Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Monday, June 3rd were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, May 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.46%. Pan American Silver’s payout ratio is presently -83.33%.

Analyst Upgrades and Downgrades

Separately, National Bankshares increased their price target on shares of Pan American Silver from C$35.25 to C$35.75 and gave the company an “outperform” rating in a report on Monday, June 10th.

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.