Pan American Silver (PAA) Upgraded to Buy by B. Riley

B. Riley upgraded shares of Pan American Silver (TSE:PAA) (NASDAQ:PAAS) from a neutral rating to a buy rating in a report published on Thursday, November 30th. B. Riley also issued estimates for Pan American Silver’s Q4 2017 earnings at $0.30 EPS.

Pan American Silver (TSE PAA) opened at C$19.40 on Thursday. Pan American Silver has a 12-month low of C$18.00 and a 12-month high of C$27.99.

The company also recently declared a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Monday, November 20th were issued a dividend of $0.032 per share. This represents a $0.13 annualized dividend and a dividend yield of 0.66%. This is a boost from Pan American Silver’s previous quarterly dividend of $0.03. The ex-dividend date was Friday, November 17th.

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About Pan American Silver

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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