Pan American Silver (TSE:PAAS) Shares Down 2.1% – Should You Sell?

Shares of Pan American Silver Corp. (TSE:PAAS) fell 2.1% on Friday . The stock traded as low as C$30.12 and last traded at C$30.14. 330,556 shares changed hands during mid-day trading, a decline of 28% from the average session volume of 456,699 shares. The stock had previously closed at C$30.80.

Analysts Set New Price Targets

Separately, National Bankshares lifted their price objective on shares of Pan American Silver from C$40.75 to C$44.25 in a research report on Tuesday, November 12th.

Pan American Silver Price Performance

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$10.94 billion, a P/E ratio of -53.82, a P/E/G ratio of 24.57 and a beta of 1.40. The firm’s fifty day moving average is C$31.44 and its 200 day moving average is C$29.64.

Pan American Silver Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 29th were issued a $0.10 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.40 annualized dividend and a dividend yield of 1.33%. Pan American Silver’s payout ratio is -96.43%.

Insider Activity at Pan American Silver

In other news, Senior Officer Christopher Emerson sold 2,000 shares of Pan American Silver stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of C$31.11, for a total transaction of C$62,222.60. Also, Senior Officer Ignacio Llerena Couturier sold 3,750 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of C$31.40, for a total value of C$117,750.00. 0.07% of the stock is owned by company insiders.

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.