Pan American Silver Corp. Senior Officer Sells C$129,183.36 in Stock

On December 9th, 2023, Alan Scott Campbell, a Senior Officer at Pan American Silver Corp. (TSE:PAAS - Get Free Report), executed the sale of 3,904 shares of the company’s stock. This transaction was completed at an average price of C$33.09 per share, amounting to a total sale value of C$129,183.36.

Pan American Silver Stock Performance

On Thursday, the stock of Pan American Silver experienced a decline of 3.8%, dropping by C$1.37 to a trading price of C$34.53. During this trading session, a total volume of 1,014,030 shares changed hands, significantly higher than the average trading volume of 734,120 shares. Financial metrics indicate a quick ratio of 0.88, a current ratio of 2.06, and a debt-to-equity ratio standing at 17.60. The market capitalization of the company is C$8.81 billion, and it has reported a price-to-earnings ratio of -185.13 along with a P/E/G ratio of 24.57. The stock’s beta is 1.40, suggesting some volatility. Notably, over the past twelve months, shares have ranged between a low of C$16.56 and a high of C$36.59.

Analyst Ratings

In recent analyst activity, National Bankshares revised its price target for Pan American Silver shares, reducing it from C$47.25 to C$45.25 while maintaining an 'outperform' rating. This change reflects a cautious optimism about the stock's performance.

About Pan American Silver Corp.

Pan American Silver Corp. engages in various operations, including the exploration, development, extraction, processing, refining, and reclamation of silver and precious metals such as gold, zinc, lead, and copper. The company operates in several countries, including Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil. Historically, the company was known as Pan American Minerals Corp. before adopting its current name.

Conclusion

Investors and analysts closely monitor transactions like those made by Alan Scott Campbell, as they can indicate insider sentiment towards the company. While Pan American Silver continues to show strengths in its operations across multiple regions, the recent stock price dip and analyst adjustments highlight the dynamic nature of market perceptions.

PanAmericanSilver, Stocks, Transaction