Pan American Silver

Pan American Silver Corp. engages in the exploration, development, extraction, processing, refining, and reclamation of mineral properties. The firm operates through the following segments: Silver, Gold, and Other. The company was founded by Ross J. Beaty and John J. Wright on March 17, 1979 and is headquartered in Vancouver, Canada.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Pan American Silver reports solid 2022 performance amidst transformative acquisitions

Pan American Silver's 2022 performance showcased strong production but faced challenges with higher operating costs and expenses related to the Yamana acquisition. The company's strategic moves, including the Yamana transaction and equity liquidation, position it for growth and financial flexibility. Future opportunities lie in realizing synergies from the acquisition and upcoming project developments.

Pan American Silver reports robust Q1 performance and growth prospects

Pan American Silver's Q1 showcased strong performance with significant silver and gold sales. Despite production challenges, the company maintains a robust financial position and pursues growth opportunities. Strategic capital allocation and integration efforts position the company for future success.

Pan American Silver reports strong Q2 results and strategic initiatives

Pan American Silver delivered strong operational performance in Q2, driven by increased production and strategic initiatives to enhance financial flexibility and liquidity.
While facing challenges such as operational uncertainties and financial impacts, the company remains focused on debt reduction, balance sheet strengthening, and value creation for shareholders.
Opportunities lie in transparency enhancements, sustainability efforts, asset optimization, and strategic investments, positioning Pan American Silver for sustainable growth and long-term success.
Overall, Pan American Silver's Q2 earnings call reflects a balanced approach to addressing challenges, leveraging strengths, exploring opportunities, and maintaining a resilient stance in a dynamic market environment.

Pan American Silver (PAAS) navigates challenges, eyes growth opportunities

Pan American Silver (PAAS) faced challenges in Q3 2023 but maintained production guidance and made progress on key projects and operational optimizations.
The company's focus on cost savings, strategic investments, and shareholder returns demonstrates a proactive approach to value creation and financial management.
Operational challenges at La Colorada and El Penon require immediate attention, while opportunities in exploration and project optimization offer growth potential.
Overall, Pan American Silver (PAAS) is navigating operational hurdles while positioning itself for future growth and value creation in the silver and gold markets.

Pan American Silver reports production growth and strategic initiatives for 2024

Pan American Silver's 2023 performance showed notable production growth but faced challenges in operational constraints at La Colorada, with a focus on improving cash flow in 2024.
The company's strengths lie in its strong financial position, shareholder-friendly initiatives, and strategic leadership appointments, while also addressing challenges in production optimization and regulatory compliance.
Opportunities for Pan American Silver include capital expenditure for growth, potential partnerships for project optimization, and productivity enhancements at flagship mines.
Overall, Pan American Silver's strategic focus on operational efficiency, financial stability, and growth initiatives positions it well for future success in the precious metals market.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Pan American Silver Corp. engages in the operation, development, and exploration of silver and gold producing properties and assets. It operates through the Silver and Gold segments. The Silver segment includes La Colorada, Huaron, Morococha, San Vicente, and Manantial Espejo mines. The Gold segment refers to the Dolores, Shahuindo, La Arena, Timmins West, and Bell Creek mines. The company was founded by Ross J. Beaty and John H. Wright on March 7, 1979 and is headquartered in Vancouver, Canada.

Pan American Silver Corp. (NASDAQ:PAAS ) Q3 2022 Earnings Conference Call November 10, 2022 11:00 AM ET Company Participants Siren Fisekci - Vice President, Investor Relations Michael Steinmann - President and Chief Executive Officer Steve Busby - Chief Operating Officer Ignacio Couturier - Chief Financial Officer Conference Call Participants Cosmos Chiu - CIBC Lawson Winder - Bank of America Securities Craig Hutchison - TD Securities Operator Thank you for standing by. This is the conference operator.

Pan American Silver Corp. (PAAS) Q3 2022 Earnings Call Transcript

(Kitco News) - Pan American Silver (NASDAQ, TSX: PAAS) today reported Q3 2022 silver production of 4.5 million ounces (Q3 2021: 4.8 million ounces) and gold production of 128.8 thousand ounces (Q3 2021: 142.6 thousand ounces).

Pan American Silver posts net loss in Q3, flags softening precious metal prices and inflationary pressures

VANCOUVER, BC , Nov. 9, 2022 /PRNewswire/ - Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American" or the "Company") today reported unaudited results for the quarter ended September 30, 2022 ("Q3 2022"). "Our Q3 results reflect the industry-wide challenge of softening precious metal prices combined with inflationary cost pressures," said Michael Steinmann, President and Chief Executive Officer.

Pan American Silver reports third quarter 2022 results

Agnico Eagle Mines

VANCOUVER, BC and TORONTO , Nov. 8, 2022 /PRNewswire/ - Pan American Silver Corp. (TSX: PAAS) (NASDAQ: PAAS) ("Pan American") and Agnico Eagle Mines Limited (TSX: AEM) (NYSE: AEM)  ("Agnico Eagle") are pleased to announce that the arrangement agreement with Yamana Gold Inc. ("Yamana") which Yamana entered into earlier today (the "Pan American-Agnico Arrangement Agreement") has become effective upon the termination today by Gold Fields Limited ("Gold Fields") of the arrangement agreement between Yamana and Gold Fields entered into on May 31, 2022 (the "Gold Fields Arrangement Agreement"). The Pan American-Agnico Arrangement Agreement remains the same as previously announced by Pan American and Agnico Eagle earlier today, November 8, 2022.

PAN AMERICAN AND AGNICO EAGLE CONFIRM TERMINATION OF THE GOLD FIELDS TRANSACTION AND ANNOUNCE ACTIVATION OF THE ARRANGEMENT AGREEMENT WITH YAMANA

VANCOUVER, BC and TORONTO , Nov. 8, 2022 /PRNewswire/ - Pan American Silver Corp. (TSX: PAAS) (Nasdaq: PAAS) ("Pan American") and Agnico Eagle Mines Limited (TSX: AEM) (NYSE: AEM)  ("Agnico Eagle") are pleased to announce that the arrangement agreement with Yamana Gold Inc. ("Yamana") which Yamana entered into earlier today (the "Pan American-Agnico Arrangement Agreement") has become effective upon the termination today by Gold Fields Limited ("Gold Fields") of the arrangement agreement between Yamana and Gold Fields entered into on May 31, 2022 (the "Gold Fields Arrangement Agreement"). The Pan American-Agnico Arrangement Agreement remains the same as previously announced by Pan American and Agnico Eagle earlier today, November 8, 2022.

Pan American and Agnico confirm termination of the Gold Fields transaction and announce activation of the arrangement agreement with Yamana

Yamana Gold

(Kitco News) - Despite not matching the new deal, Gold Fields contends that its offer is superior. Gold Fields launched its bid in the spring.

Yamana recommends Agnico and Pan American bid

VANCOUVER, BC and TORONTO , Nov. 8, 2022 /PRNewswire/ - Pan American Silver Corp. (TSX: PAAS) (Nasdaq: PAAS) ("Pan American") and Agnico Eagle Mines Limited (TSX: AEM) (NYSE: AEM) ("Agnico Eagle") are pleased to announce that Yamana Gold Inc. ("Yamana") has executed and delivered the arrangement agreement (the "Pan American-Agnico Agreement") providing for our previously announced definitive binding offer dated November 4, 2022 (the "Pan American-Agnico Transaction") pursuant to which Pan American would acquire all of the issued and outstanding common shares of Yamana (the "Yamana Shares") and Yamana would sell certain subsidiaries and partnerships which hold Yamana's interests in its Canadian assets to Agnico Eagle, including the Canadian Malartic mine. See Pan American's and Agnico Eagle's joint press release of November 4, 2022 for a detailed description of the Pan American-Agnico Transaction.

YAMANA ENTERS INTO ARRANGEMENT AGREEMENT WITH PAN AMERICAN AND AGNICO EAGLE REGARDING THEIR BINDING OFFER AND RECOMMENDS AGAINST THE GOLD FIELDS TRANSACTION

(Kitco News) - Yamana Gold (TSX: YRI) announced today it has received an unsolicited binding proposal from Agnico Eagle Mines and Pan American Silver for the acquisition by Pan American of all of the issued and outstanding common shares of the company .

Yamana announces superior proposal from Agnico Eagle and Pan American Silver

The U.S.-listed shares of Yamana Gold Inc. AUY, +19.85% YRI, +16.49% shot up 21.2% in morning trading Friday, after the Canada-based gold, silver and copper miner received by buyout bid from Pan American Silver Corp. PAAS, -3.41% PAAS, +1.00% and Agnico Eagle Ltd. AEM, +0.71% AEM, +3.49% that values Yamana's stock at a 23.0% premium.

Yamana Gold's stock soars after receiving 'superior' buyout bid from Pan American, Agnico valued at nearly $5 billion

Puts assets in the hands of proven leaders with a track record of building value for stakeholders Transaction would create the leading precious metals producer in Latin America Consolidates 100% ownership of the Canadian Malartic mine, one of the world's largest gold mines Increased value per Yamana share with low transaction risk Yamana Board has determined the offer to be a Superior Proposal VANCOUVER, BC and TORONTO , Nov. 4, 2022 /PRNewswire/ - Pan American Silver Corp. (TSX: PAAS) (Nasdaq: PAAS) ("Pan American") and Agnico Eagle Limited (TSX: AEM) (NYSE: AEM) ("Agnico Eagle") are pleased to announce that we have delivered a definitive binding offer (the "Binding Offer") to the board of directors of Yamana Gold Inc. ("Yamana") pursuant to which Pan American would acquire all of the issued and outstanding common shares of Yamana (the "Yamana Shares") and Yamana would sell certain subsidiaries and partnerships which hold Yamana's interests in its Canadian assets to Agnico Eagle, including the Canadian Malartic mine. The transaction shall be implemented by way of a plan of arrangement under the Canada Business Corporations Act (the "Arrangement").

PAN AMERICAN AND AGNICO EAGLE DELIVER DEFINITIVE BINDING OFFER TO ACQUIRE YAMANA

Pan American Silver (PAAS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Pan American Silver (PAAS) to Report a Decline in Earnings: What to Look Out for

VANCOUVER, BC , Nov. 1, 2022 /PRNewswire/ - Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American" or the "Company") today released results for 45 new infill and exploration drill holes totaling 34,239 metres at the Company's 100% owned La Colorada Skarn project in Zacatecas, Mexico. The results include five new drill holes that further define a zone of high-grade mineralisation around drill hole 96-03-22 that was first disclosed by the Company in a news release dated July 21, 2022.

Pan American Silver extends high-grade silver zone at the La Colorada Skarn project

Pan American holds one of the top leverage positions to silver prices in the mining sector, with a major mine now offline, and another yet to be developed. Healthy asset diversification, little debt, plenty of cash, and a high dividend yield are noteworthy to derisk the investment vs. alternatives.

Pan American Silver: 1.8 Billion Silver Ounces For Roughly $1 Each

VANCOUVER, BC , Oct. 11, 2022 /PRNewswire/ - Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American Silver") will release its unaudited financial results for the third quarter of 2022 after market close on Wednesday, November 9, 2022. Pan American Silver will host a conference call and webcast at 11:00 am ET (8:00 am PT) on Thursday, November 10, 2022 to discuss the results.

Pan American Silver provides notice of third quarter 2022 unaudited financial results and conference call

First Majestic Silver

Here are two silver stocks to check out for your mid-September 2022 watch list.

Top Stocks To Buy Now? 2 Silver Stocks In Focus

VANCOUVER, BC , Sept. 14, 2022 /PRNewswire/ - Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American", or the "Company") today announced an updated mineral resource estimate for its 100% owned La Colorada Skarn deposit in Zacatecas, Mexico.

Pan American Silver Reports Large Increase to the Mineral Resource Estimate for its La Colorada Skarn Deposit

VANCOUVER, B.C. , Sept. 6, 2022 /PRNewswire/ - Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("the Company") will host a call to discuss the Company's environmental, social and governance ("ESG") performance on September 28, 2022 at 11:00 am ET (8:00 am PT).

Pan American Silver to Host 3rd Annual ESG Conference Call and Webcast

Avino Silver & Gold Mines

Endeavour Silver

Hecla Mining

Silver price decline in the second quarter weakens the earnings performances of the silver mining stocks.

Silver Mining Stocks Post Lackluster Earnings: Here's Why

Pan American Silver Corporation (NASDAQ:PAAS ) Q2 2022 Results Conference Call August 11, 2022 11:00 AM ET Company Participants Siren Fisekci - Vice President, Investor Relations and Corporate Communications Michael Steinmann - President and CEO Ignacio Couturier - CFO Steve Busby - COO Sean McAleer - Senior Vice President & MD-Guatemala Chris Emerson - Vice President, Business Development & Geology Conference Call Participants Cosmos Chiu - CIBC Trevor Turnbull - Scotiabank Lawson Winder - Bank of America Securities John Tumazos - John Tumazos Don DeMarco - National Bank Financial Operator Thank you for standing by. This is the conference operator.

Pan American Silver Corporation (PAAS) CEO Michael Steinmann on Q2 2022 Results - Earnings Call Transcript

(Kitco News) - "The revision reflects the production shortfall at Dolores, global inflationary pressures and an increase in estimated consolidated sustaining capital spending," said the company.

Pan American warns of cost creep, stock drops

This silver and gold miner didn't shine brightly last quarter, and investors aren't happy.

Why Shares of Pan American Silver Are Falling Today

Pan American Silver (PAAS) delivered earnings and revenue surprises of -121.43% and 16.21%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Pan American Silver (PAAS) Reports Q2 Loss, Lags Revenue Estimates

VANCOUVER, BC , Aug. 10, 2022 /PRNewswire/ - Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American", or the "Company") today reported its estimated mineral reserves and mineral resources as at June 30, 2022. Proven and probable mineral reserves are estimated to contain approximately 514.9 million ounces of silver and 3.6 million ounces of gold.

Pan American Silver Reports Mineral Reserves and Mineral Resources as at June 30, 2022

All amounts expressed in U.S. dollars unless otherwise indicated. Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted VANCOUVER, BC , Aug. 10, 2022 /PRNewswire/ - Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American" or the "Company") today reported unaudited results for the quarter ended June 30, 2022 ("Q2 2022").

Pan American Silver reports Q2 2022 results

VANCOUVER, BC , July 21, 2022 /PRNewswire/ - Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American" or the "Company") today released results for 22 new infill and exploration drill holes totaling 18,071 metres that further demonstrate the size and quality of the mineralization at the Company's La Colorada Skarn project. Infill drill hole D-96-03-22, in the western portion of the deposit, contains an extensive zone of high grade silver and base metal sulphide mineralization with an intercept of 295.5 metres at 234 g/t Ag, 6.36% Pb and 5.72% Zn, including 97.0 metres at 654 g/t Ag, 15.35% Pb and 11.38% Zn.

News for Pan American Silver Stock (PAAS)