| Pan American Silver reports 3Q loss | |
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VANCOUVER, British Columbia (AP) _ Pan American Silver Corp. (PAAS) on Thursday reported a loss of $67 million in its third quarter.
On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 44 cents. Losses, adjusted for non-recurring costs, were 6 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.
The silver mining company posted revenue of $159.4 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $160.9 million.
Pan American Silver shares have declined 28 percent since the beginning of the year. The stock has declined 31 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAAS at http://www.zacks.com/ap/PAAS
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Keywords: Pan American Silver, Earnings Report
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Pan American Silver Corp.
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PRODUCER |
CODE : PAAS |
ISIN : CA6979001089 |
CUSIP : 697900108 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Pan American Silver is a silver producing company based in Canada. Pan American Silver produces silver, copper, gold, lead and zinc in Argentina, in Bolivia, in Mexico and in Peru, develops gold and silver in Mexico, and holds various exploration projects in Argentina and in Mexico. Its main assets in production are QUIRUVILCA MINE, HUARON and MOROCOCHA in Peru, LA COLORADA, LLUVIA DE ORO, DOLORES MINE and ALAMO DORADO in Mexico, SAN VICENTE in Bolivia and MANANTIAL ESPEJO in Argentina, its main asset in development is LA PRECIOSA in Mexico and its main exploration properties are PLANCHAS DE PLATA, LA DURA, EL DURAZNO, SANTA LUCIA, SAN ANTONIO ORO BLANCO, REAL VIEJO, LA RESERVA / EL CORREO, ORO BLANCO, LA VIRGINIA GOLD/SILVER, LA CRUZ, LA BOLSA and WATERLOO in Mexico, FLAMINGO, ESPEJO, REGALO, NAVIDAD, CALCATREAU, HOG HEAVEN and LOMA DE LA PLATA (NAVIDAD) in Argentina, RIVER VALLEY PGM in Canada and PICO MACHAY in Peru. Pan American Silver is listed in Canada, in Germany and in United States of America. Its market capitalisation is US$ 2.8 billions as of today (€ 2.6 billions). Its stock quote reached its lowest recent point on November 07, 2008 at US$ 10.01, and its highest recent level on April 22, 2024 at US$ 18.24. Pan American Silver has 153 176 265 shares outstanding. |