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 ...

Pan American Silver (PAAS) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -26.67%. A quarter ago, it was expected that this silver mining company would post a loss of $0.06 per share when it actually produced earnings of $0.01, delivering a surprise of 116.67%. Over the last four qu ...

Management's Discussion and Analysis FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2024 PAN AMERICAN SILVER CORP. Management Discussion and Analysis For the three and six months ended June 30, 2024 and 2023 (tabular amounts are in millions of U.S. dollars and thousands of shares, options, and warrants except per share amounts and per ounce amounts, unless otherwise noted) TABLE OF CONTENTS | --- | --- | |------------------------------------------------------------------|-------| | | | | Introduction | 2 | | C ...

Monty Rakusen Financial markets have turned volatile around the world. That often has bullish implications for precious metals, but silver and gold have merely been treading water. Of course, that's a much better outcome following macro events over the past week compared to cryptocurrencies. The focus shifts back to firm-specific happenings this week when Pan American Silver (NYSE:PAAS) reports Q2 results. Volatility is high heading into the profit update, and the stock's valuation appears fair in my view w ...

Core Viewpoint - Pan American Silver is experiencing positive momentum in its stock performance, with significant expected earnings growth and revenue increase in the upcoming earnings report scheduled for August 7, 2024 [2][3]. Company Performance - The company's shares closed at $21.71, reflecting a +1.12% increase from the previous day, outperforming the S&P 500's daily gain of 0.08% [1]. - Over the last month, Pan American Silver's shares have risen by 8%, contrasting with a loss of 1.43% in the Basic Materials sector and a loss of 0.21% in the S&P 500 [1]. Earnings Forecast - Analysts forecast an EPS of $0.13 for the upcoming quarter, representing a 225% increase from the same quarter last year [2]. - For the full year, the Zacks Consensus Estimates predict earnings of $0.66 per share, marking a +450% change from the previous year [3]. - Revenue is expected to reach $679.96 million for the upcoming quarter, indicating a 6.26% increase compared to the year-ago quarter, and $2.69 billion for the full year, reflecting a +16.07% change [2][3]. Analyst Estimates - Recent adjustments to analyst estimates for Pan American Silver suggest a positive outlook for the company's business operations and profit generation capabilities [4]. - The Zacks Consensus EPS estimate has increased by 11.51% in the past month, indicating growing analyst confidence [6]. Valuation Metrics - The company currently has a Forward P/E ratio of 32.58, which is higher than the industry average of 20.79 [7]. - The Mining - Silver industry, part of the Basic Materials sector, holds a Zacks Industry Rank of 3, placing it in the top 2% of over 250 industries [7][8].

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. It' ...

Unaudited Condensed Interim Consolidated Financial Statements and Notes FOR THE THREE MONTHS ENDING MARCH 31, 2024 Condensed Interim Consolidated Statements of Financial Position (unaudited, in millions of U.S. dollars) | | | March 31, | December 31, | | --- | --- | --- | --- | | | | 2024 | 2023 | | Assets | | | | | Current assets | | | | | Cash and cash equivalents (Note 20) | $ | 301.1 $ | 399.6 | | Investments (Note 5) | | 30.3 | 41.3 | | Trade and other receivables | | 149.5 | 138.0 | | Income tax recei ...

Pan American Silver Corp. (NYSE:PAAS) BMO 33rd Global Metals, Mining & Critical Minerals Conference February 27, 2024 10:00 AM ET Company Participants Michael Steinmann - President and CEO Conference Call Participants Jackie Przybylowski - BMO Capital Markets Jackie Przybylowski Good morning. My name is Jackie Przybylowski, mining analyst here at BMO. And I'm happy to welcome our next presenter. We're going to do a fireside chat format. We've got Michael Steinmann, President and CEO of Pan American Silver. ...

Pan American Silver Corp. (NYSE:PAAS) Q4 2023 Earnings Conference Call February 22, 2024 11:00 AM ET Company Participants Siren Fisekci - Vice President of Investor Relations Michael Steinmann – President and CEO Steve Busby - Chief Operating Officer Ignacio Couturier - CFO Conference Call Participants Cosmos Chiu - CIBC John Tumazos - Very Independent Research Craig Hutchison - TD Don DeMarco - National Bank Financial Operator Good morning, ladies and gentlemen, and welcome to the Pan American Silver’s Fo ...