Pan American Silver (TSE:PAAS) Sets New 1-Year High – Here’s What Happened

Pan American Silver Corp. (TSE:PAASGet Free Report)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as C$79.79 and last traded at C$78.29, with a volume of 143059 shares trading hands. The stock had previously closed at C$76.80.

Pan American Silver Trading Up 2.1%

The firm has a market capitalization of C$33.10 billion, a PE ratio of 45.34, a P/E/G ratio of 24.57 and a beta of 1.63. The company has a quick ratio of 0.88, a current ratio of 2.06 and a debt-to-equity ratio of 17.60. The business’s fifty day moving average price is C$65.96 and its 200 day moving average price is C$53.53.

Pan American Silver Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 5th. Investors of record on Friday, December 5th were issued a $0.14 dividend. The ex-dividend date was Monday, November 24th. This is an increase from Pan American Silver’s previous quarterly dividend of $0.12. This represents a $0.56 dividend on an annualized basis and a yield of 0.7%. Pan American Silver’s payout ratio is 24.28%.

Pan American Silver Company Profile

(Get Free Report)

Pan American Silver Corp is a mining company focused exclusively on the exploration and development of silver mines. It produced roughly 22 million ounces of silver in 2011. The company operates primarily in Central and South America. It also sells the byproducts from its silver mining operations, including zinc, lead, copper, and gold. Pan American Silver is based in British Columbia.

Further Reading

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