Pan American Silver (TSE:PAAS) Reaches New 1-Year High at $26.58

Pan American Silver Corp. (TSE:PAAS) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$26.58 and last traded at C$26.35, with a volume of 99013 shares trading hands. The stock had previously closed at C$26.06.

Wall Street Analysts Forecast Growth

Separately, National Bankshares reduced their price target on shares of Pan American Silver from C$27.50 to C$27.25 and set an “outperform” rating for the company in a research report on Tuesday, February 6th.

Pan American Silver Stock Down 1.5 %

The stock’s fifty day moving average is C$19.39 and its two-hundred day moving average is C$19.85. The company has a current ratio of 2.23, a quick ratio of 0.88 and a debt-to-equity ratio of 17.25. The company has a market capitalization of C$9.63 billion, a PE ratio of -57.41, a P/E/G ratio of 24.57 and a beta of 1.41.

Pan American Silver Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 15th were given a dividend of $0.10 per share. The ex-dividend date was Friday, March 1st. This represents a $0.40 dividend on an annualized basis and a yield of 1.51%. Pan American Silver’s dividend payout ratio is presently -117.39%.

Insiders Place Their Bets

In other Pan American Silver news, Senior Officer Sean Mcaleer bought 17,601 shares of the business’s stock in a transaction on Monday, March 4th. The stock was purchased at an average price of C$13.33 per share, for a total transaction of C$234,621.33. In other Pan American Silver news, Senior Officer Sean Mcaleer bought 17,601 shares of the business’s stock in a transaction on Monday, March 4th. The stock was purchased at an average price of C$13.33 per share, for a total transaction of C$234,621.33. Also, Director Gillian Winckler bought 3,000 shares of the business’s stock in a transaction on Tuesday, February 27th. The shares were acquired at an average price of C$17.02 per share, with a total value of C$51,060.00. Company 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.