Pan American Silver (PAA) Hits New 12-Month High at $22.54

Pan American Silver (TSE:PAA) (NASDAQ:PAAS)’s share price hit a new 52-week high on Thursday . The company traded as high as C$22.54 and last traded at C$20.15, with a volume of 102127 shares traded. The stock had previously closed at C$20.14.

Pan American Silver (TSE:PAA) (NASDAQ:PAAS) last issued its earnings results on Tuesday, February 20th. The company reported C$0.15 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.24 by C($0.09). Pan American Silver had a return on equity of 4.74% and a net margin of 9.34%. The firm had revenue of C$287.08 million for the quarter, compared to analyst estimates of C$265.13 million.

The company also recently announced a quarterly dividend, which will be paid on Monday, June 4th. Stockholders of record on Tuesday, May 22nd will be given a dividend of $0.045 per share. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.89%. This is a positive change from Pan American Silver’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend is Friday, May 18th.

Pan American Silver Company Profile

Pan American Silver Corp. is a silver production company. The Company is principally engaged in the operation and development of, and exploration for, silver producing properties. The Company’s segments include Peru, Mexico, Argentina and Bolivia. The Company also produces and sells gold, zinc, lead and copper.

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