Account Info
Log Out

Pan American Silver (TSE:PAAS) Shares Down 6.5%

Defense World ·  02/05 18:01

Shares of Pan American Silver Corp. (TSE:PAAS – Get Rating) fell 6.5% during trading on Friday . The company traded as low as C$22.93 and last traded at C$22.98. 952,065 shares traded hands during mid-day trading, an increase of 56% from the average session volume of 610,033 shares. The stock had previously closed at C$24.58.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on PAAS shares. National Bankshares lowered their target price on Pan American Silver from C$33.00 to C$31.50 in a research note on Thursday, October 13th. Royal Bank of Canada raised shares of Pan American Silver to a "buy" rating and set a C$22.00 price target for the company in a research note on Wednesday, January 11th.

Get Pan American Silver alerts:

Pan American Silver Stock Down 6.5 %

The company has a quick ratio of 0.88, a current ratio of 2.12 and a debt-to-equity ratio of 3.78. The company has a market cap of C$4.84 billion and a price-to-earnings ratio of 20.70. The stock has a fifty day moving average price of C$23.43 and a two-hundred day moving average price of C$22.41.

Pan American Silver Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 2nd. Shareholders of record on Friday, December 2nd were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date was Friday, November 18th. Pan American Silver's dividend payout ratio is presently 40.54%.

Insider Activity

In related news, Senior Officer Ignacio Llerena Couturier sold 10,000 shares of Pan American Silver stock in a transaction that occurred on Monday, December 5th. The stock was sold at an average price of C$22.80, for a total value of C$228,000.00. Following the transaction, the insider now directly owns 10,823 shares of the company's stock, valued at C$246,764.40.

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

  • MarketBeat Week in Review – 1/30 – 2/3
  • Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
  • Zimmer Biomet Beats on Earnings, Growth May be Priced In
  • AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
  • Ford Stock Going Forward After Big Earnings Flop

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's FREE daily email newsletter.

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc.
In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).
In Singapore, investment products and services available through the moomoo app are offered through Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS). Moomoo Financial Singapore Pte. Ltd. is a Capital Markets Services Licence (License No. CMS101000) holder with the Exempt Financial Adviser Status. This advertisement has not been reviewed by the Monetary Authority of Singapore.
In Australia, financial products and services available through the moomoo app are provided by Futu Securities (Australia) Ltd, an Australian Financial Services Licensee (AFSL No. 224663) regulated by the Australian Securities and Investment Commission (ASIC). Please read and understand our Financial Services Guide, Terms and Conditions, Privacy Policy and other disclosure documents which are available on our websites and Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.