National Bankshares Cuts Pan American Silver (TSE:PAAS) Price Target to C$45.25

Pan American Silver (TSE:PAAS) had its price objective dropped by equities research analysts at National Bankshares from C$47.25 to C$45.25 in a report issued on Wednesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ price objective suggests a potential upside of 25.14% from the stock’s current price.

Pan American Silver Stock Performance

TSE:PAAS traded up C$1.24 during trading hours on Wednesday, hitting C$36.16. 615,410 shares of the company traded hands, compared to its average volume of 714,074. Pan American Silver has a twelve month low of C$16.56 and a twelve month high of C$36.59. The stock has a market capitalization of C$9.23 billion, a price-to-earnings ratio of -193.87, a P/E/G 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 firm has a 50-day moving average of C$32.23 and a 200 day moving average of C$30.70.

Insider Activity

In other Pan American Silver news, Senior Officer Guido Mastropietro sold 1,500 shares of the business’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of C$31.54, for a total transaction of C$47,314.95. 0.07% of the stock is owned by corporate insiders.

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.