Pan American Silver Corp. (TSE:PAAS) Director Michael Louis Carroll sold 8,000 shares of the firm’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of C$42.55, for a total transaction of C$340,368.00. Following the completion of the sale, the director now directly owns 40,613 shares in the company, valued at approximately C$1,727,920.70.
Shares of Pan American Silver stock opened at C$38.67 on Wednesday. The company has a current ratio of 2.95, a quick ratio of 1.55 and a debt-to-equity ratio of 13.43. Pan American Silver Corp. has a 12-month low of C$14.22 and a 12-month high of C$41.40. The company has a market cap of $8.12 billion and a P/E ratio of 274.26. The company’s fifty day simple moving average is C$36.46 and its two-hundred day simple moving average is C$30.00.
PAAS has been the subject of several recent analyst reports. Pi Financial upped their price objective on shares of Pan American Silver from C$37.00 to C$40.00 and gave the company a “buy” rating in a research note on Friday, May 29th. National Bank Financial upped their price target on Pan American Silver from C$36.00 to C$43.00 and gave the company a “sector perform” rating in a research report on Thursday, May 21st. Finally, Scotiabank dropped their price objective on Pan American Silver from C$24.00 to C$14.00 in a report on Tuesday, March 24th.
About Pan American Silver
Pan American Silver Corp., together with its subsidiaries, engages in the exploration, development, extraction, processing, refining, and reclamation of silver mines. The company owns and operates mines located in Mexico, Peru, Canada, Argentina, and Bolivia. It also produces and sells gold, zinc, lead, and copper.
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