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

Pan American Silver Corp. (TSE:PAAS) declared a quarterly dividend on Monday, November 18th,TickerTech Dividends reports. Shareholders of record on Friday, November 29th will be given a dividend of 0.10 per share on Friday, November 29th. This represents a $0.40 annualized dividend and a dividend yield of 1.33%. The ex-dividend date is Monday, November 18th.

Pan American Silver Stock Down 1.9 %

TSE:PAAS traded down C$0.57 during midday trading on Friday, reaching C$30.17. The company had a trading volume of 766,800 shares, compared to its average volume of 763,028. Pan American Silver has a 12-month low of C$16.50 and a 12-month high of C$36.00. The firm has a market capitalization of C$10.95 billion, a price-to-earnings ratio of -53.88, a PEG ratio of 24.57 and a beta of 1.40. 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 stock’s fifty day simple moving average is C$29.93 and its 200-day simple moving average is C$28.93.

Wall Street Analysts Forecast Growth

Separately, National Bankshares lifted their price objective on Pan American Silver from C$40.75 to C$44.25 in a research note on Tuesday.

Insiders Place Their Bets

In other news, Senior Officer Christopher Emerson sold 2,000 shares of the stock in a transaction dated Friday, October 11th. The stock was sold at an average price of C$31.11, for a total value of C$62,222.60. 0.07% of the stock is currently owned by company insiders.

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.