Pan American Silver (TSE:PAAS) Price Target Raised to C$110.00 at National Bank Financial

Pan American Silver (TSE:PAAS) had its price target boosted by National Bank Financial from C$95.00 to C$110.00 in a report released on Friday,BayStreet.CA reports.

Separately, Jefferies Financial Group lowered their price target on Pan American Silver from C$58.00 to C$54.00 in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$69.67.

Pan American Silver Trading Up 1.3%

Shares of TSE:PAAS traded up C$1.21 during trading hours on Friday, hitting C$93.58. 1,976,545 shares of the company’s stock traded hands, compared to its average volume of 1,172,073. The firm has a market capitalization of C$39.48 billion, a P/E ratio of 36.55, a price-to-earnings-growth ratio of 24.57 and a beta of 1.65. The business has a fifty day moving average price of C$79.05 and a 200-day moving average price of C$62.16. Pan American Silver has a 1 year low of C$29.31 and a 1 year high of C$95.39. The company has a debt-to-equity ratio of 17.60, a current ratio of 2.06 and a quick ratio of 0.88.

Pan American Silver (TSE:PAAS) last posted its quarterly earnings results on Wednesday, February 18th. The company reported C$1.52 EPS for the quarter. The company had revenue of C$1.57 billion for the quarter. Pan American Silver had a negative net margin of 1.78% and a negative return on equity of 1.02%. Equities analysts expect that Pan American Silver will post 1.9192235 earnings per share for the current year.

Pan American Silver Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, March 13th will be issued a dividend of $0.18 per share. This is an increase from Pan American Silver’s previous quarterly dividend of $0.14. This represents a $0.72 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Monday, March 2nd. Pan American Silver’s dividend payout ratio (DPR) is currently 17.97%.

About Pan American Silver

Pan American Silver Corp is a mining company focused exclusively on the exploration and development of silver mines. It produced roughly 22 million ounces of silver in 2011. The company operates primarily in Central and South America. It also sells the byproducts from its silver mining operations, including zinc, lead, copper, and gold. Pan American Silver is based in British Columbia.