Pan American Silver Corp. (TSE:PAAS) Declares Quarterly Dividend of $0.10

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 is Monday, March 3rd.

Pan American Silver Price Performance

Shares of TSE PAAS traded down C$0.08 during mid-day trading on Friday, reaching C$34.45. The company’s stock had a trading volume of 2,038,402 shares, compared to its average volume of 765,931. The company has a debt-to-equity ratio of 17.60, a quick ratio of 0.88 and a current ratio of 2.06. Pan American Silver has a 1-year low of C$16.57 and a 1-year high of C$36.59. The stock has a 50-day moving average of C$32.55 and a two-hundred day moving average of C$30.80. The stock has a market capitalization of C$8.79 billion, a P/E ratio of -184.70, a P/E/G ratio of 24.57 and a beta of 1.40.

Insider Transactions 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 on Tuesday, January 21st. The shares were sold at an average price of C$31.54, for a total transaction of C$47,314.95. Also, Senior Officer Martin Wafforn sold 20,000 shares of Pan American Silver stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of C$36.02, for a total value of C$720,496.00. Over the last ninety days, insiders have sold 25,951 shares of company stock worth $913,869. Insiders own 0.07% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.