Guido Mastropietro Sells 1,000 Shares of Pan American Silver (TSE:PAAS) Stock

Pan American Silver Corp. (TSE:PAAS) insider Guido Mastropietro sold 1,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of C$87.50, for a total value of C$87,500.00. Following the completion of the transaction, the insider owned 2,572 shares in the company, valued at C$225,050. This represents a 28.00% decrease in their position.

Pan American Silver Price Performance

Shares of PAAS opened at C$83.92 on Friday. The company has a market capitalization of C$35.36 billion, a price-to-earnings ratio of 26.47, a P/E/G ratio of 24.57 and a beta of 2.04. Pan American Silver Corp. has a fifty-two week low of C$30.94 and a fifty-two week high of C$95.39. The company has a debt-to-equity ratio of 11.49, a current ratio of 2.84 and a quick ratio of 0.88. The business’s 50-day moving average is C$77.04 and its 200-day moving average is C$72.39.

Pan American Silver (TSE:PAAS) last released its quarterly earnings data on Tuesday, May 5th. The company reported C$1.52 EPS for the quarter. Pan American Silver had a return on equity of 19.65% and a net margin of 31.69%.The firm had revenue of C$1.85 billion for the quarter. Equities research analysts expect that Pan American Silver Corp. will post 1.9192235 EPS for the current fiscal year.

Pan American Silver Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, June 1st will be issued a $0.18 dividend. The ex-dividend date is Tuesday, May 19th. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. Pan American Silver’s dividend payout ratio is currently 17.03%.

Wall Street Analyst Weigh In

PAAS has been the topic of a number of research reports. Jefferies Financial Group dropped their price objective on Pan American Silver from C$58.00 to C$54.00 in a report on Wednesday, January 21st. National Bank Financial set a C$116.00 target price on Pan American Silver and gave the stock an “outperform” rating in a research report on Friday, April 17th. BMO Capital Markets upped their target price on Pan American Silver from C$69.00 to C$85.00 in a research report on Wednesday, April 22nd. Finally, TD raised Pan American Silver from a “hold” rating to a “buy” rating and upped their target price for the stock from C$67.00 to C$72.00 in a research report on Tuesday. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of C$81.75.

About Pan American Silver

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. Pan American Silver is based in British Columbia.