Pan American Silver Corp. (NYSE:PAAS) Gold Forum Americas 2024 Conference September 17, 2024 1:20 PM ET Company Participants Michael Steinmann - President & CEO Conference Call Participants Jackie Przybylowski - BMO Capital Markets Jackie Przybylowski All right. So you've done a few acquisitions over the last couple of years. Is the company considering further portfolio optimization and what assets would it look to sell and could it sell its portfolio of royalties? Michael Steinmann Yeah. Thanks. And thanks ...

Pan American Silver Corp. (NYSE:PAAS) Gold Forum Americas 2024 Conference September 17, 2024 1:20 PM ET Company Participants Michael Steinmann - President & CEO Conference Call Participants Jackie Przybylowski - BMO Capital Markets Jackie Przybylowski All right. So you've done a few acquisitions over the last couple of years. Is the company considering further portfolio optimization and what assets would it look to sell and could it sell its portfolio of royalties? Michael Steinmann Yeah. Thanks. And thanks ...

Pan American Silver (PAAS) closed at $19.29 in the latest trading session, marking a +1.74% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 1.07% for the day. Elsewhere, the Dow gained 0.31%, while the tech-heavy Nasdaq added 2.17%. The silver mining company's stock has dropped by 4.44% in the past month, falling short of the Basic Materials sector's loss of 0.59% and the S&P 500's gain of 2.92%. The investment community will be paying close attention to the earnings perf ...

Pan American Silver Corp. (NYSE:PAAS) Jefferies Industrials Conference 2024 September 5, 2024 8:00 AM ET Company Participants Ignacio Couturier - CFO Conference Call Participants Matthew Murphy - Jefferies Matthew Murphy Yeah, okay. Up next we have Pan American Silver presenting the story is CFO, Ignacio Couturier who's been with the company for 20 years. Ignacio Couturier 22 years. Matthew Murphy 22 years. And he's going to take us through a bit of a presentation and then, we'll throw it open to some Q&A. ...

Pan American Silver Corp. (PAAS) has signed a binding letter of intent with Unico Silver Limited to divest its Joaquin and Cerro Puntudo projects in Argentina. The move aligns with Pan American Silver's strategy to focus on core operations and high-growth projects. The transaction is expected to be completed by the end of September 2024, pending all necessary approvals. The financial details of this deal are not yet disclosed. PAAS has been working to optimize its portfolio and allocate resources more effic ...

Just_Super We're over halfway through the Q2 Earnings Season for the Silver Miners Index (SIL) and one of the first companies to report its results was Pan American Silver Corp. (NYSE:PAAS). The company reported a softer Q2 overall with costs up sharply year-over-year on the back of lower production, but this was largely related to weaker performances from Cerro Moro and La Colorada. Fortunately, ventilation upgrades are finally complete at the latter mine and Pan American will generate significant free cas ...

Pan American Silver Corp. (PAAS) reported adjusted earnings per share of 11 cents for second-quarter 2024, missing the Zacks Consensus Estimate of 15 cents. PAAS had posted adjusted earnings per share of 8 cents in the year-ago quarter. Including one-time items, Pan American Silver reported a loss of 6 cents per share in the quarter compared with the year-ago quarter's loss of 9 cents. PAAS's revenues improved 7.3% year over year to $686 million in the quarter under review. The top line beat the Zacks Conse ...

Financial Data and Key Metrics Changes - The company generated record cash flow before changes in working capital of $203.3 million in Q2 2024, resulting in $102.1 million free cash flow [3] - Cash balances increased to $337.2 million at June 30, an increase of $36.1 million from the previous quarter [3] - Reported a net loss of $21.4 million or $0.06 per share, significantly impacted by a $93.1 million income tax expense [3] Business Line Data and Key Metrics Changes - Specific business line performance details were not provided in the available content Market Data and Key Metrics Changes - The financial performance was affected by unusual income tax expenses due to foreign currency exchange rate fluctuations, particularly the Brazilian Real and the Mexican Peso [3] Company Strategy and Development Direction and Industry Competition - The company is focusing on maintaining balance sheet strength and managing cash flow effectively, despite challenges from foreign currency fluctuations and tax expenses [3] Management's Comments on Operating Environment and Future Outlook - Management highlighted the impact of foreign currency exchange rates and inflation adjustments on monetary liabilities in Argentina as significant factors affecting financial results [3] Other Important Information - The call included forward-looking statements and references to non-GAAP measures, with cautionary statements available in the MD&A, news release, and presentation slides [2] Q&A Session Summary Question: What were the main factors affecting the financial results this quarter? - Management indicated that the unusual income tax expense driven by foreign currency exchange rate fluctuations was a primary factor impacting the financial results [3]

Financial Performance - Adjusted earnings were $40 million, or $0.11 per share, including a $0.03 per share tax expense related to inflation adjustments in Argentina[2] - The company has a strong financial position with $1.1 billion in Total Available Liquidity before Working Capital of $203.3 million[2] - Net loss for the period was $(21.4) million, or $(0.06) per share[3] - Net cash generated from operating activities was $162.7 million[3] Production and Costs - Silver production reached 4.6 million ounces[2] - Gold production was 220 thousand ounces[2] - Silver Segment Cash Costs were $14.49 per ounce[2] - Gold Segment Cash Costs were $1,186 per ounce[2] - The company is maintaining its 2024 operating outlook for production and costs, but annual silver production is expected to be towards the low end of the range[2] Capital Expenditure & Operating Forecast - Sustaining Capital is expected to be $295 million – $310 million[27] - Project Capital is expected to be $80 million – $85 million[27]

Pan American Silver (PAAS) reported $686.3 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 7.3%. EPS of $0.11 for the same period compares to $0.04 a year ago. The reported revenue represents a surprise of +0.60% over the Zacks Consensus Estimate of $682.18 million. With the consensus EPS estimate being $0.15, the EPS surprise was -26.67%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...