Pan American Silver Corp. (PAAS) to Issue Quarterly Dividend of $0.10 on March 14th

Pan American Silver Corp. (TSE:PAAS) announced a quarterly dividend on Monday, March 3rd, TickerTech Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.10 per share on Friday, March 14th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date of this dividend is Monday, March 3rd.

Pan American Silver Trading Down 0.2 %

Shares of PAAS traded down C$0.08 during trading hours on Friday, reaching C$34.45. 2,038,402 shares of the company traded hands, compared to its average volume of 765,931. The firm has a market cap of C$8.79 billion, a price-to-earnings ratio of -184.70, a PEG ratio of 24.57 and a beta of 1.40. Pan American Silver has a 12-month low of C$16.57 and a 12-month high of C$36.59. The company has a current ratio of 2.06, a quick ratio of 0.88 and a debt-to-equity ratio of 17.60. The stock’s fifty day moving average price is C$32.55 and its 200 day moving average price is C$30.80.

Analysts Set New Price Targets

Separately, National Bankshares lowered their target price on shares of Pan American Silver from C$47.25 to C$45.25 and set an “outperform” rating for the company in a research note on Wednesday.

Insider Activity at Pan American Silver

In other Pan American Silver news, Senior Officer Guido Mastropietro sold 1,500 shares of the business’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of C$31.54, for a total value of C$47,314.95. Also, Senior Officer Martin Wafforn sold 20,000 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of C$36.02, for a total transaction of C$720,496.00. Insiders sold 25,951 shares of company stock worth $913,869 over the last three months. 0.07% of the stock is owned by corporate insiders.

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.