Shares of Pan American Silver Corp. (TSE:PAAS – Get Rating) have been assigned an average recommendation of “Buy” from the eight brokerages that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$42.00.
A number of analysts recently issued reports on PAAS shares. BMO Capital Markets started coverage on Pan American Silver in a report on Thursday, January 20th. They set a “buy” rating and a C$29.00 price objective on the stock. Canaccord Genuity Group cut Pan American Silver to a “hold” rating and set a C$25.00 price objective on the stock. in a report on Friday, February 25th. Finally, National Bankshares dropped their price objective on Pan American Silver from C$44.00 to C$41.00 and set an “outperform” rating on the stock in a report on Monday, February 28th.
Shares of PAAS traded up C$0.79 during mid-day trading on Thursday, hitting C$37.18. The stock had a trading volume of 380,013 shares, compared to its average volume of 584,791. The company has a debt-to-equity ratio of 2.53, a current ratio of 2.58 and a quick ratio of 1.22. Pan American Silver has a 52 week low of C$26.52 and a 52 week high of C$43.95. The firm has a market cap of C$7.83 billion and a P/E ratio of 63.32. The business has a fifty day moving average price of C$32.62 and a 200-day moving average price of C$31.54.
In other Pan American Silver news, Senior Officer Steven Busby sold 800 shares of the company’s stock in a transaction dated Friday, March 4th. The stock was sold at an average price of C$33.89, for a total value of C$27,112.00. Following the transaction, the insider now directly owns 113,680 shares in the company, valued at approximately C$3,852,615.20.
Pan American Silver Company Profile (Get Rating)
Pan American Silver Corp., together with its subsidiaries, engages in the exploration, development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Argentina, and Bolivia. It holds interests in the La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, San Vicente, Pas Corp, and Navidad mines.
- Insiders Are Selling Palo Alto Networks
- Greenbrier Companies Stock has Green in its Future
- 3 Bank Stocks That Are Ready to Handle Whatever the Fed Throws at Them
- Tilray Stock Has Better Days Ahead
- Headwinds Mount For Carmax, Don’t Count On Higher Share Prices
Receive News & Ratings for Pan American Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pan American Silver and related companies with MarketBeat.com's FREE daily email newsletter.