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

Pan American Silver Corp. (TSE:PAAS) declared a quarterly dividend on Monday, March 3rd, TickerTech Dividends reports. Shareholders 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 Stock Down 0.2 %

Shares of PAAS traded down C$0.08 during 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 quick ratio of 0.88, a current ratio of 2.06 and a debt-to-equity ratio of 17.60. The company has a market cap of C$8.79 billion, a price-to-earnings ratio of -184.70, a P/E/G ratio of 24.57 and a beta of 1.40. Pan American Silver has a twelve month low of C$16.57 and a twelve month high of C$36.59. The company has a fifty day moving average of C$32.55 and a two-hundred day moving average of C$30.80.

Wall Street Analysts Forecast Growth

Separately, National Bankshares dropped their price target on 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.

Insiders Place Their Bets

In other news, Senior Officer Alan Scott Campbell sold 3,904 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of C$33.09, for a total value of C$129,183.36. Also, Senior Officer Guido Mastropietro sold 1,500 shares of the business’s stock in a transaction that occurred 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. Insiders have sold 25,951 shares of company stock valued at $913,869 over the last three months. Company 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.