National Bankshares Forecasts Strong Price Appreciation for Pan American Silver (TSE:PAAS) Stock

Pan American Silver (TSE:PAAS) had its price objective hoisted by research analysts at National Bankshares from C$44.25 to C$45.00 in a research note issued to investors on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price target would suggest a potential upside of 46.20% from the company’s current price.

Pan American Silver Trading Down 2.4 %

TSE:PAAS opened at C$30.78 on Thursday. The company has a debt-to-equity ratio of 17.98, a quick ratio of 0.88 and a current ratio of 2.06. The company has a market capitalization of C$11.17 billion, a P/E ratio of -54.96, a P/E/G ratio of 24.57 and a beta of 1.40. The stock’s 50 day moving average price is C$31.09 and its 200 day moving average price is C$29.71. Pan American Silver has a 52 week low of C$16.50 and a 52 week high of C$36.00.

Insider Activity

In other news, Senior Officer Ignacio Llerena Couturier sold 3,750 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of C$31.40, for a total value of C$117,750.00. 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.