Pi Financial Lowers Pan American Silver (TSE:PAAS) Price Target to C$28.00

Pan American Silver (TSE:PAASGet Rating) had its price objective lowered by Pi Financial from C$30.00 to C$28.00 in a research report sent to investors on Monday, MarketBeat Ratings reports.

Separately, National Bankshares raised their price objective on shares of Pan American Silver from C$39.00 to C$44.00 and gave the stock an outperform rating in a report on Monday, August 15th.

Pan American Silver Stock Performance

TSE:PAAS opened at C$21.52 on Monday. Pan American Silver has a 12-month low of C$18.95 and a 12-month high of C$38.51. The company has a quick ratio of 1.12, a current ratio of 2.43 and a debt-to-equity ratio of 3.39. The firm has a market capitalization of C$4.53 billion and a PE ratio of 19.39. The firm has a 50-day moving average price of C$23.09 and a 200 day moving average price of C$28.51.

Pan American Silver Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 2nd. Investors of record on Friday, September 2nd were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date of this dividend was Friday, August 19th. Pan American Silver’s dividend payout ratio is currently 39.64%.

About Pan American Silver

(Get Rating)

Pan American Silver Corp., together with its subsidiaries, engages in the exploration, mine 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, Joaquin, Cap-Oeste Sur Este, and Navidad mines.

See Also

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.