Pan American Silver Corp. (TSE:PAAS) Senior Officer Sells C$200,351.23 in Stock

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Pan American Silver Corp. (TSE:PAAS) Senior Officer Matthew Robert Andrews sold 11,668 shares of the firm’s stock in a transaction dated Wednesday, July 10th. The shares were sold at an average price of C$17.17, for a total value of C$200,351.23. Following the completion of the sale, the insider now directly owns 19,659 shares in the company, valued at C$337,564.69.

Pan American Silver stock opened at C$18.29 on Wednesday. The company has a quick ratio of 1.15, a current ratio of 3.83 and a debt-to-equity ratio of 15.95. The company has a market capitalization of $3.65 billion and a P/E ratio of -762.08. Pan American Silver Corp. has a 12 month low of C$13.83 and a 12 month high of C$22.95. The company has a 50-day moving average price of C$16.14.

PAAS has been the topic of several research analyst reports. JPMorgan Chase & Co. raised their price objective on Dell from $68.00 to $77.00 and gave the company an “overweight” rating in a research note on Monday, April 15th. Pi Financial increased their target price on Wesdome Gold Mines from C$4.10 to C$4.30 in a research report on Monday, March 25th. Finally, National Bank Financial downgraded Detour Gold to a “hold” rating in a research report on Friday, June 28th.

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.

Further Reading: Management Fee

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