Pan American Silver Corp. Senior Officer Sells Shares

On Monday, December 9th, Alan Scott Campbell, a Senior Officer at Pan American Silver Corp. (TSE:PAAS - Get Free Report), sold 3,904 shares of the company's stock. The transaction was carried out at an average price of C$33.09 per share, resulting in a total sale value of C$129,183.36.

Pan American Silver Stock Performance

On Thursday, Pan American Silver's stock saw a decline of 3.8%, dropping by C$1.37 to reach C$34.53 during trading hours. The company reported a trading volume of 1,014,030 shares, which is significantly higher than its average volume of 734,120 shares. Financial metrics for the company include a quick ratio of 0.88, a current ratio of 2.06, and a debt-to-equity ratio of 17.60. With a market capitalization of C$8.81 billion, the price-to-earnings ratio stands at -185.13, while the P/E/G ratio is 24.57, alongside a beta of 1.40. Pan American Silver's shares have traded between a twelve-month low of C$16.56 and a high of C$36.59.

Analyst Outlook

In a separate analysis, National Bankshares recently lowered their price target on Pan American Silver's shares from C$47.25 to C$45.25 while maintaining an 'outperform' rating. This adjustment reflects the analysts' evolving perspective regarding the company's performance in the market.

About Pan American Silver

Pan American Silver Corp. is involved in various activities related to the mining sector, including exploration, mine development, extraction, processing, refining, and reclamation of valuable metals such as silver, gold, zinc, lead, and copper. The company's operations span several countries, including Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil. Originally known as Pan American Minerals Corp., the company changed its name to Pan American Silver Corp.

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