Pan American Silver Corp. (TSE:PAAS) Senior Officer Ignacio Llerena Couturier sold 4,458 shares of Pan American Silver stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of C$39.00, for a total transaction of C$173,862.00. Following the completion of the transaction, the insider now directly owns 8,741 shares in the company, valued at approximately C$340,899.
Pan American Silver stock opened at C$38.67 on Wednesday. The company has a current ratio of 2.95, a quick ratio of 1.55 and a debt-to-equity ratio of 13.43. Pan American Silver Corp. has a 1-year low of C$14.22 and a 1-year high of C$41.40. The company has a fifty day simple moving average of C$36.46 and a 200 day simple moving average of C$30.00. The company has a market cap of $8.12 billion and a P/E ratio of 274.26.
Several research firms have issued reports on PAAS. National Bank Financial lifted their price target on Pan American Silver from C$36.00 to C$43.00 and gave the company a “sector perform” rating in a research note on Thursday, May 21st. Pi Financial lifted their target price on Pan American Silver from C$37.00 to C$40.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Finally, Scotiabank cut their target price on Pan American Silver from C$24.00 to C$14.00 in a research note on Tuesday, March 24th.
Pan American Silver Corp., together with its subsidiaries, engages in the exploration, development, extraction, processing, refining, and reclamation of silver mines. The company owns and operates mines located in Mexico, Peru, Canada, Argentina, and Bolivia. It also produces and sells gold, zinc, lead, and copper.
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