Pan American Silver (TSE:PAAS) Given New C$34.50 Price Target at National Bankshares

Pan American Silver (TSE:PAAS) had its target price upped by investment analysts at National Bankshares from C$32.00 to C$34.50 in a research note issued to investors on Friday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price objective would suggest a potential upside of 31.23% from the company’s current price.

Pan American Silver Stock Performance

Shares of PAAS traded up C$0.03 on Friday, reaching C$26.29. 324,135 shares of the stock traded hands, compared to its average volume of 779,019. The stock’s 50-day moving average price is C$20.05 and its 200-day moving average price is C$20.04. The company has a debt-to-equity ratio of 17.25, a current ratio of 2.23 and a quick ratio of 0.88. The firm has a market cap of C$9.59 billion, a price-to-earnings ratio of -59.82, a P/E/G ratio of 24.57 and a beta of 1.41. Pan American Silver has a 12 month low of C$16.50 and a 12 month high of C$28.31.

Insider Activity

In related news, Director Gillian Winckler acquired 3,000 shares of the stock in a transaction dated Tuesday, February 27th. The shares were bought at an average cost of C$17.02 per share, for a total transaction of C$51,060.00. In related news, Director Gillian Winckler acquired 3,000 shares of the business’s stock in a transaction on Tuesday, February 27th. The stock was bought at an average cost of C$17.02 per share, with a total value of C$51,060.00. Also, Senior Officer Sean Mcaleer bought 17,601 shares of the stock in a transaction dated Monday, March 4th. The stock was purchased at an average cost of C$13.33 per share, for a total transaction of C$234,621.33. 0.07% of the stock is owned by company insiders.

Pan American Silver Company Profile

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.