Pan American Silver Corp. (PAAS) To Go Ex-Dividend on March 2nd

Pan American Silver Corp. (TSE:PAAS) announced a quarterly dividend on Monday, March 2nd, TickerTech Dividends reports. Investors of record on Friday, March 13th will be paid a dividend of 0.18 per share on Friday, March 13th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Monday, March 2nd. This is a 28.6% increase from Pan American Silver’s previous quarterly dividend of $0.14.

Pan American Silver Stock Performance

Shares of TSE PAAS traded up C$1.21 during trading on Friday, hitting C$93.58. The company had a trading volume of 1,976,545 shares, compared to its average volume of 1,172,073. The company has a debt-to-equity ratio of 17.60, a quick ratio of 0.88 and a current ratio of 2.06. Pan American Silver has a 12 month low of C$29.31 and a 12 month high of C$95.39. The firm has a market capitalization of C$39.48 billion, a P/E ratio of 36.55, a price-to-earnings-growth ratio of 24.57 and a beta of 1.65. The stock has a 50 day simple moving average of C$79.05 and a 200 day simple moving average of C$62.16.

Pan American Silver (TSE:PAAS) last announced its quarterly earnings data on Wednesday, February 18th. The company reported C$1.52 earnings per share (EPS) for the quarter. The firm had revenue of C$1.57 billion during the quarter. Pan American Silver had a negative net margin of 1.78% and a negative return on equity of 1.02%. As a group, analysts anticipate that Pan American Silver will post 1.9192235 earnings per share for the current year.

Analysts Set New Price Targets

PAAS has been the subject of a number of research reports. Jefferies Financial Group lowered their target price on Pan American Silver from C$58.00 to C$54.00 in a research report on Wednesday, January 21st. National Bank Financial increased their price objective on shares of Pan American Silver from C$95.00 to C$110.00 in a research report on Friday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of C$69.67.

Pan American Silver Company Profile

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.