Pan American Silver (PAAS) Company Overview

Pan American Silver is a leading silver producer that has gained from acquiring Yamana, selling some assets, and strong metal prices, making it a good investment choice. The management is focused on reducing debt, keeping a $0.40 annual dividend, and allowing share buybacks, which attracts income investors looking for silver with the stability of gold. Improvements at the La Colorada mine and the potential of the La Colorada Skarn project are expected to increase silver production, while the Jacobina mine will boost gold output, supporting future growth.

In the third quarter, Pan American Silver saw an increase in the average prices of silver and gold compared to the same period last year.

Pan American Silver Corp. (NYSE:PAAS) will hold its Q3 2024 Earnings Conference Call on November 6, 2024, at 11:00 AM ET. The call will feature company representatives, including Siren Fisekci, Michael Steinmann, and Steve Busby, along with participants from Scotiabank and National Bank Financial. Currently, all lines are set to listen-only mode.

While the revenue and earnings per share (EPS) for Pan American Silver (PAAS) provide insight into its performance for the quarter ending September 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

VANCOUVER, British Columbia--(BUSINESS WIRE)--Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) has announced its unaudited results for the third quarter of 2024, which ended on September 30. According to Michael Steinmann, President and CEO, the company achieved record financial results in Q3 2024, including a remarkable free cash flow of $151.5 million, due to higher production and rising silver and gold prices compared to Q2 2024.

Assess the anticipated performance of Pan American Silver (PAAS) for the quarter that ended in September 2024. Instead of just focusing on the usual Wall Street revenue and profit predictions, let's take a closer look at some important metrics for a deeper understanding.

At the end of the last trading day, Pan American Silver (PAAS) was priced at $24.44, which represents a decrease of 1.17% compared to the day before.

Is Pan American Silver (PAAS) a strong choice for momentum investors? Let's take a closer look.

Pan American Silver (PAAS) experienced significant movement in the last trading session with trading volume above average. Recent changes in earnings estimates could support the stock's upward trend in the near future.