Pan American Silver (TSE:PAAS) Price Target Raised to C$44.25 at National Bankshares

Pan American Silver (TSE:PAAS) had its target price lifted by National Bankshares from C$40.75 to C$44.25 in a report issued on Tuesday,BayStreet.CA reports. National Bankshares’ target price would suggest a potential upside of 46.96% from the company’s current price.

Pan American Silver Stock Down 0.2 %

Shares of PAAS stock traded down C$0.06 during trading hours on Tuesday, reaching C$30.11. 313,740 shares of the stock were exchanged, compared to its average volume of 762,772. The business’s fifty day moving average is C$29.74 and its two-hundred day moving average is C$28.81. The company has a debt-to-equity ratio of 17.98, a current ratio of 2.06 and a quick ratio of 0.88. The firm has a market capitalization of C$10.93 billion, a P/E ratio of -53.77, a P/E/G ratio of 24.57 and a beta of 1.40. Pan American Silver has a 12-month low of C$16.50 and a 12-month high of C$36.00.

Insider Buying and Selling

In other news, Senior Officer Christopher Emerson sold 2,000 shares of the company’s stock in a transaction on Friday, October 11th. The stock was sold at an average price of C$31.11, for a total transaction of C$62,222.60. 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.