Pan American Stock To Go Ex-dividend Tomorrow (PAAS)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Pan American Silver Corporation (Nasdaq: PAAS) is tomorrow, November 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $19.50 as of 9:31 a.m. ET, the dividend yield is 1%.

The average volume for Pan American has been 2.4 million shares per day over the past 30 days. Pan American has a market cap of $3.02 billion and is part of the basic materials sector and metals & mining industry. Shares are down 9.2% year to date as of the close of trading on Tuesday.

Pan American Silver Corp. explores, develops, and operates silver producing properties and assets. The company engages in silver mining and related activities, including exploration, mine development, extraction, processing, refining, and reclamation. The company has a P/E ratio of 11.2, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Pan American as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Pan American Ratings Report.

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