Insider Selling: Pan American Silver Corp. (TSE:PAAS) Senior Officer Sells 1,289 Shares of Stock

Pan American Silver Corp. (TSE:PAAS) Senior Officer Guido Mastropietro sold 1,289 shares of the firm’s stock in a transaction on Thursday, July 10th. The shares were sold at an average price of C$39.62, for a total transaction of C$51,070.18.

Pan American Silver Stock Down 1.4%

Shares of Pan American Silver stock opened at C$39.05 on Friday. Pan American Silver Corp. has a 12-month low of C$24.96 and a 12-month high of C$42.45. The company has a market cap of C$9.97 billion, a P/E ratio of -209.37, a PEG ratio of 24.57 and a beta of 1.40. The company has a current ratio of 2.06, a quick ratio of 0.88 and a debt-to-equity ratio of 17.60. The company’s fifty day simple moving average is C$37.25 and its two-hundred day simple moving average is C$35.37.

Pan American Silver Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, June 2nd were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.02%. The ex-dividend date was Tuesday, May 20th. Pan American Silver’s payout ratio is currently -289.52%.

Wall Street Analyst Weigh In

Separately, National Bankshares raised their price objective on shares of Pan American Silver from C$45.25 to C$52.50 and gave the stock an “outperform” rating in a report on Wednesday, April 2nd.

Pan American Silver Company Profile

Pan American Silver Corp is a mining company focused exclusively on the exploration and development of silver mines. It produced roughly 22 million ounces of silver in 2011. The company operates primarily in Central and South America. It also sells the byproducts from its silver mining operations, including zinc, lead, copper, and gold.