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

Pan American Silver Corp. (TSE:PAAS) declared a quarterly dividend on Monday, August 19th, TickerTech reports. Investors of record on Friday, August 30th will be given 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 is Monday, August 19th.

Pan American Silver Price Performance

Shares of Pan American Silver stock traded up C$0.29 during midday trading on Friday, hitting C$27.93. 617,891 shares of the company were exchanged, compared to its average volume of 767,839. The company has a debt-to-equity ratio of 17.98, a current ratio of 2.06 and a quick ratio of 0.88. The firm has a market cap of C$10.14 billion, a P/E ratio of -49.88, a PEG ratio of 24.57 and a beta of 1.39. Pan American Silver has a 52 week low of C$16.50 and a 52 week high of C$33.20. The firm has a 50 day simple moving average of C$28.92 and a 200-day simple moving average of C$24.93.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other Pan American Silver news, Senior Officer Guido Mastropietro sold 1,426 shares of Pan American Silver stock in a transaction dated Thursday, July 11th. The stock was sold at an average price of C$30.09, for a total transaction of C$42,908.34. In other Pan American Silver news, Senior Officer Guido Mastropietro sold 1,426 shares of Pan American Silver stock in a transaction dated Thursday, July 11th. The stock was 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 the business’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of C$32.19, for a total value of C$128,740.00. Insiders sold a total of 29,540 shares of company stock valued at $849,787 over the last three months. Company insiders own 0.07% of the company’s stock.

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.