Pan American Silver Corp. Declares Quarterly Dividend of $0.04 (TSE:PAAS)
Pan American Silver Corp. (TSE:PAAS) announced a quarterly dividend on Friday, August 16th, TickerTech reports. Shareholders of record on Friday, August 30th will be paid a dividend of 0.035 per share on Friday, August 30th. This represents a $0.14 annualized dividend and a yield of 0.62%. The ex-dividend date of this dividend is Friday, August 16th.
PAAS traded up C$0.52 on Wednesday, hitting C$22.63. 110,538 shares of the company’s stock were exchanged, compared to its average volume of 422,371. Pan American Silver has a fifty-two week low of C$13.83 and a fifty-two week high of C$23.27. The company has a debt-to-equity ratio of 15.66, a quick ratio of 1.35 and a current ratio of 4.09. The firm’s 50-day simple moving average is C$19.36. The company has a market capitalization of $4.85 billion and a PE ratio of -181.04.
Several brokerages have issued reports on PAAS. Pi Financial lifted their target price on shares of Pan American Silver from C$23.25 to C$25.25 in a research note on Wednesday, July 24th. National Bank Financial lifted their target price on shares of Pan American Silver from C$23.50 to C$25.00 in a research note on Tuesday, July 23rd.
Pan American Silver Company Profile
Pan American Silver Corp., together with its subsidiaries, engages in the exploration, development, extraction, processing, refining, and reclamation of silver mines. The company owns and operates mines located in Mexico, Peru, Canada, Argentina, and Bolivia. It also produces and sells gold, zinc, lead, and copper.
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