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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.
VANCOUVER, British Columbia--(BUSINESS WIRE)--Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") reports its estimated mineral reserves and mineral resources as at June 30, 2024. Proven and probable mineral reserves are estimated to contain approximately 468.0 million ounces of silver and 6.9 million ounces of gold. Measured and indicated ("M&I") mineral resources (excluding proven and probable ("P&P") reserves) are estimated to total approximately 1,14.
Pan American Silver (PAAS) closed the most recent trading day at $19.29, moving +1.74% from the previous trading session.
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.
Pan American Silver (PAAS) to focus on core operations with the divestment of its Joaquin and Cerro Puntudo projects in Argentina.
Pan American Silver Corp. had a mediocre quarter in Q2 with solid performances from Huaron, San Vicente, El Penon and Jacobina overshadowed by softness at La Colorada/Cerro Moro. The result was a significant spike in AISC in Q2 2024 to ~$19/oz, but record gold prices still allowed for significant free cash flow generation in Q2. Meanwhile, although Q2 2024 certainly had its challenges, H2 2024 is shaping up to be much stronger with a weaker MXN/USD, higher gold/silver prices and higher production.
Pan American Silver's (PAAS) average realized silver and gold prices improve y/y in Q2.
Pan American Corp. is one of the largest primary silver producers in the world and is well positioned to profit from the coming Silver Bull Market. It has a healthy cash position which enables it to pursue opportunities via the merger and acquisitions route. The precious metals market is not for the faint-hearted so expect a fair amount of volatility in the years ahead.
While the top- and bottom-line numbers for Pan American Silver (PAAS) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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.