Pan American Silver (TSE:PAAS) Insider Guido Mastropietro Sells 1,000 Shares

Pan American Silver Corp. (TSE:PAASGet Free Report) insider Guido Mastropietro sold 1,000 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of C$87.50, for a total value of C$87,500.00. Following the sale, the insider owned 2,572 shares in the company, valued at C$225,050. The trade was a 28.00% decrease in their position.

Pan American Silver Trading Down 0.3%

Shares of PAAS opened at C$87.20 on Thursday. The company has a quick ratio of 0.88, a current ratio of 2.84 and a debt-to-equity ratio of 11.49. Pan American Silver Corp. has a 12-month low of C$30.82 and a 12-month high of C$95.39. The firm has a market capitalization of C$36.74 billion, a PE ratio of 27.51, a price-to-earnings-growth ratio of 24.57 and a beta of 2.04. The stock’s fifty day simple moving average is C$77.05 and its 200-day simple moving average is C$72.16.

Pan American Silver (TSE:PAASGet Free Report) last released its earnings results on Tuesday, May 5th. The company reported C$1.52 earnings per share for the quarter. Pan American Silver had a return on equity of 19.65% and a net margin of 31.69%.The firm had revenue of C$1.85 billion for the quarter. As a group, research analysts predict that Pan American Silver Corp. will post 1.9192235 earnings per share for the current year.

Pan American Silver Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, June 1st will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Tuesday, May 19th. Pan American Silver’s dividend payout ratio is 17.03%.

Analyst Ratings Changes

PAAS has been the subject of several recent analyst reports. BMO Capital Markets increased their price target on Pan American Silver from C$69.00 to C$85.00 in a report on Wednesday, April 22nd. National Bank Financial set a C$116.00 price target on Pan American Silver and gave the stock an “outperform” rating in a report on Friday, April 17th. TD upgraded Pan American Silver from a “hold” rating to a “buy” rating and increased their price target for the stock from C$67.00 to C$72.00 in a report on Tuesday. Finally, Jefferies Financial Group decreased their price objective on Pan American Silver from C$58.00 to C$54.00 in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$81.75.

Read Our Latest Stock Analysis on PAAS

Pan American Silver Company Profile

(Get Free Report)

Pan American Silver Corp is a mining company focused exclusively on the exploration and development of silver mines. It produced roughly 22 million ounces of silver in 2011. The company operates primarily in Central and South America. It also sells the byproducts from its silver mining operations, including zinc, lead, copper, and gold. Pan American Silver is based in British Columbia.

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Insider Buying and Selling by Quarter for Pan American Silver (TSE:PAAS)

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