Pan American Silver Corp. (TSE:PAAS) Plans Quarterly Dividend of $0.18

Pan American Silver Corp. (TSE:PAAS) announced a quarterly dividend on Monday, March 2nd, TickerTech Dividends reports. Stockholders of record on Friday, March 13th will be given a dividend of 0.18 per share on Friday, March 13th. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date 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 Up 1.3%

PAAS traded up C$1.21 during trading hours on Friday, hitting C$93.58. 1,976,545 shares of the company’s stock were exchanged, compared to its average volume of 1,172,073. The stock has a market cap of C$39.48 billion, a price-to-earnings ratio of 36.55, a PEG ratio of 24.57 and a beta of 1.65. Pan American Silver has a 1-year low of C$29.31 and a 1-year high of C$95.39. The stock’s 50-day moving average is C$79.05 and its two-hundred day moving average is C$62.16. The company has a quick ratio of 0.88, a current ratio of 2.06 and a debt-to-equity ratio of 17.60.

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

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. National Bank Financial upped their target price on Pan American Silver from C$95.00 to C$110.00 in a report on Friday. Jefferies Financial Group lowered their price target on Pan American Silver from C$58.00 to C$54.00 in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average 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.