National Bankshares Raises Pan American Silver (TSE:PAAS) Price Target to C$44.25

Pan American Silver (TSE:PAAS) had its price objective raised by research analysts at National Bankshares from C$40.75 to C$44.25 in a note issued to investors on Tuesday,BayStreet.CA reports. National Bankshares’ price target suggests a potential upside of 46.86% from the stock’s previous close.

Pan American Silver Stock Performance

Shares of TSE PAAS opened at C$30.13 on Tuesday. The company’s fifty day moving average price is C$29.81 and its 200 day moving average price is C$28.87. Pan American Silver has a 1 year low of C$16.50 and a 1 year high of C$36.00. The company has a market capitalization of C$10.94 billion, a PE ratio of -53.80, a price-to-earnings-growth ratio of 24.57 and a beta of 1.40. The company has a debt-to-equity ratio of 17.98, a quick ratio of 0.88 and a current ratio of 2.06.

Insider Buying and Selling at Pan American Silver

In other news, Senior Officer Christopher Emerson sold 2,000 shares of the stock in a transaction dated Friday, October 11th. The shares were sold at an average price of C$31.11, for a total value of C$62,222.60. Insiders own 0.07% of the company’s stock.

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.