Pan American Silver (TSE:PAAS) Stock Passes Below Fifty Day Moving Average – Should You Sell?

Posted by John Perry on Jan 19th, 2025

Shares of Pan American Silver Corp. (TSE:PAAS – Get Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$30.77 and traded as low as C$30.30. Pan American Silver shares last traded at C$31.04, with a volume of 589,037 shares.

Analyst Upgrades and Downgrades

Separately, National Bankshares boosted their target price on Pan American Silver from C$44.25 to C$45.00 and gave the company an “outperform” rating in a report on Thursday, January 9th.

View Our Latest Stock Report on Pan American Silver

Pan American Silver Price Performance

The company has a market cap of C$11.27 billion, a PE ratio of -55.43, a price-to-earnings-growth ratio of 24.57 and a beta of 1.40. The stock has a fifty day simple moving average of C$30.77 and a two-hundred day simple moving average of C$29.86. The company has a current ratio of 2.06, a quick ratio of 0.88 and a debt-to-equity ratio of 17.98.

Pan American Silver Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 29th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.29%. The ex-dividend date was Monday, November 18th. Pan American Silver’s payout ratio is -96.43%.

Insiders Place Their Bets

In related news, Senior Officer Ignacio Llerena Couturier sold 3,750 shares of Pan American Silver stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of C$31.40, for a total transaction of C$117,750.00. Insiders own 0.07% of the company’s stock.

About Pan American Silver

(Get Free Report)

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.