Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAA) announced a quarterly dividend on Monday, November 14th. Shareholders of record on Friday, November 25th will be paid a dividend of 0.0125 per share on Tuesday, December 6th. This represents a $0.05 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date is Tuesday, November 22nd.

Shares of Pan American Silver Corp. (NASDAQ:PAAS) opened at 16.77 on Thursday. The stock’s market capitalization is $2.55 billion. The firm’s 50-day moving average is $16.24 and its 200-day moving average is $16.94. Pan American Silver Corp. has a one year low of $5.38 and a one year high of $21.59.

Dividend History for Pan American Silver Corp. (NASDAQ:PAAS)

A number of equities research analysts have recently weighed in on the company. BMO Capital Markets upgraded Pan American Silver Corp. from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $24.00 to $28.00 in a research note on Wednesday. Canaccord Genuity upgraded Pan American Silver Corp. from a “hold” rating to a “buy” rating in a research note on Tuesday. Zacks Investment Research upgraded Pan American Silver Corp. from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a research note on Friday, November 4th. Deutsche Bank AG upgraded Pan American Silver Corp. from a “hold” rating to a “buy” rating and boosted their price target for the stock from $14.50 to $20.00 in a research note on Monday, October 3rd. Finally, FBR & Co set a $21.00 target price on Pan American Silver Corp. and gave the company a “hold” rating in a research report on Thursday, August 18th. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Pan American Silver Corp. presently has an average rating of “Buy” and an average target price of $20.13.

Hedge funds and other institutional investors have recently made changes to their positions in the company. WFG Advisors LP acquired a new position in shares of Pan American Silver Corp. during the second quarter valued at $109,000. Cetera Advisor Networks LLC acquired a new position in shares of Pan American Silver Corp. during the third quarter valued at $263,000. Scotia Capital Inc. acquired a new position in shares of Pan American Silver Corp. during the second quarter valued at $282,000. Verition Fund Management LLC acquired a new position in shares of Pan American Silver Corp. during the third quarter valued at $308,000. Finally, OMERS ADMINISTRATION Corp acquired a new position in shares of Pan American Silver Corp. during the second quarter valued at $357,000. 48.46% of the stock is owned by institutional investors and hedge funds.

Pan American Silver Corp. Company Profile

Pan American Silver Corp. (Pan American) is engaged in the production and sale of silver, gold and base metals including copper, lead and zinc, as well as other related activities, including exploration, extraction, processing, refining and reclamation. The Company’s primary product (silver) is produced in Peru, Mexico, Argentina and Bolivia.

5 Day Chart for NASDAQ:PAAS

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