Christopher Emerson Sells 10,000 Shares of Pan American Silver Corp. (TSE:PAAS) Stock

Pan American Silver Corp. (TSE:PAAS) Senior Officer Christopher Emerson sold 10,000 shares of the stock in a transaction dated Monday, June 9th. The stock was sold at an average price of C$40.33, for a total transaction of C$403,303.00.

Christopher Emerson also recently made the following trade(s):

• On Wednesday, May 21st, Christopher Emerson sold 6,000 shares of Pan American Silver stock. The stock was sold at an average price of C$33.50, for a total value of C$201,004.20.
• On Wednesday, March 12th, Christopher Emerson sold 4,000 shares of Pan American Silver stock. The shares were sold at an average price of C$36.35, for a total value of C$145,394.00.

Pan American Silver Stock Down 2.5%

Shares of Pan American Silver stock opened at C$38.98 on Wednesday. Pan American Silver Corp. has a 1 year low of C$24.96 and a 1 year high of C$40.62. The firm has a market cap of C$9.95 billion, a price-to-earnings ratio of -208.99, a PEG ratio of 24.57 and a beta of 1.40. The company has a 50-day moving average of C$34.73 and a 200 day moving average of C$33.80. The company has a debt-to-equity ratio of 17.60, a current ratio of 2.06 and a quick ratio of 0.88.

Pan American Silver Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, June 2nd were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date was Tuesday, May 20th. Pan American Silver’s dividend payout ratio is -289.52%.

Analysts Set New Price Targets

Separately, National Bankshares increased their price objective on 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.

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.