Pan American Silver Corp. (PAAS) to Issue Quarterly Dividend of $0.10 on August 30th

Pan American Silver Corp. (TSE:PAAS) announced a quarterly dividend on Monday, August 19th, TickerTech reports. Investors of record on Friday, August 30th will be paid a dividend of 0.10 per share on Friday, August 30th. This represents a $0.40 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Monday, August 19th.

Pan American Silver Stock Up 1.0 %

TSE PAAS traded up C$0.29 during trading on Friday, hitting C$27.93. 617,891 shares of the company traded hands, compared to its average volume of 767,839. Pan American Silver has a 12 month low of C$16.50 and a 12 month high of C$33.20. The business has a fifty day simple moving average of C$28.92 and a 200 day simple moving average of C$24.93. The company has a current ratio of 2.06, a quick ratio of 0.88 and a debt-to-equity ratio of 17.98. The company has a market capitalization of C$10.14 billion, a P/E ratio of -49.88, a PEG ratio of 24.57 and a beta of 1.39.

Wall Street Analyst Weigh In

Separately, National Bankshares increased their price objective on shares of Pan American Silver from C$35.25 to C$35.75 and gave the company an “outperform” rating in a research note on Monday, June 10th.

Insider Buying and Selling at Pan American Silver

In other Pan American Silver news, Senior Officer Christopher Emerson sold 4,000 shares of Pan American Silver stock in a transaction on Monday, July 15th. The shares were sold at an average price of C$32.19, for a total transaction of C$128,740.00. In other Pan American Silver news, Senior Officer Guido Mastropietro sold 1,426 shares of Pan American Silver stock in a transaction on Thursday, July 11th. The shares were sold at an average price of C$30.09, for a total transaction of C$42,908.34. Also, Senior Officer Christopher Emerson sold 4,000 shares of Pan American Silver stock in a transaction on Monday, July 15th. The stock was sold at an average price of C$32.19, for a total transaction of C$128,740.00. In the last three months, insiders have sold 29,540 shares of company stock worth $849,787. 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.