Pan American Silver Corp. (PAAS) To Go Ex-Dividend on May 17th

Pan American Silver Corp. (TSE:PAAS) declared a quarterly dividend on Friday, May 17th, TickerTech reports. Investors of record on Monday, June 3rd will be given a dividend of 0.10 per share on Monday, June 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend is Friday, May 17th.

Pan American Silver Price Performance

PAAS traded up C$0.39 on Wednesday, reaching C$28.19. 379,577 shares of the company’s stock were exchanged, compared to its average volume of 773,789. The stock has a market cap of C$10.28 billion, a PE ratio of -63.68, a P/E/G ratio of 24.57 and a beta of 1.41. Pan American Silver has a twelve month low of C$16.50 and a twelve month high of C$28.68. The stock’s fifty day moving average price is C$23.22 and its 200-day moving average price is C$20.82. The company has a debt-to-equity ratio of 17.25, a current ratio of 2.23 and a quick ratio of 0.88.

Insider Buying and Selling

In other Pan American Silver news, Senior Officer Sean Mcaleer acquired 17,601 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were acquired at an average price of C$13.33 per share, for a total transaction of C$234,621.33. In related news, Senior Officer Sean Mcaleer bought 17,601 shares of the stock in a transaction dated Monday, March 4th. The stock was acquired at an average price of C$13.33 per share, for a total transaction of C$234,621.33. Also, Director Gillian Winckler bought 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 27th. The stock was bought at an average cost of C$17.02 per share, for a total transaction of C$51,060.00. Insiders own 0.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, National Bankshares lifted their target price on shares of Pan American Silver from C$34.50 to C$35.25 and gave the stock an “outperform” rating in a research note on Monday.

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.