Ben Kramer-Miller
Gold & precious metals, macro, research analyst, deep value

Should You Buy Pan American Silver?

This article is about Pan American Silver (NASDAQ:PAAS), which is the world's second largest mining company focused on silver.

1: About Pan American Silver

Pan American Silver has a fully diluted market cap of $1.8 billion. It is one of only a handful of silver mining companies that pays a dividend, which is currently at $0.50 per year, giving the stock a 4.45% dividend yield. It owns and operates 7 producing silver mines that are predominantly located in Latin America. The company is primarily a silver miner, although I should note that in the first quarter of 2013 only 70% of its revenues came from silver, 18% came from gold and 12% from base metals.

Pan American Silver...

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