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. Stockholders of record on Friday, March 14th will be given a dividend of 0.10 per share on Friday, March 14th. This represents a $0.40 annualized dividend 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 mid-day trading on Friday, hitting C$34.45. 2,038,402 shares of the company traded hands, compared to its average volume of 765,931. Pan American Silver has a 1-year low of C$16.57 and a 1-year high of C$36.59. 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 capitalization of C$8.79 billion, a PE ratio of -184.70, a price-to-earnings-growth ratio of 24.57 and a beta of 1.40. The business has a 50 day moving average of C$32.55 and a 200 day moving average of C$30.80.

Insider Activity at Pan American Silver

In other Pan American Silver news, Senior Officer Martin Wafforn sold 20,000 shares of the company’s stock in a transaction that occurred 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. Also, Senior Officer Guido Mastropietro sold 1,500 shares of the company’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of C$31.54, for a total value of C$47,314.95. Insiders have sold a total of 25,951 shares of company stock worth $913,869 over the last quarter. Insiders own 0.07% of the company’s stock.

Analyst Ratings Changes

Separately, National Bankshares dropped their target price 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.

Pan American Silver Company Profile

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.