VANCOUVER, British Columbia--(BUSINESS WIRE)--Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) has announced that the Toronto Stock Exchange (TSX) has approved its plan to renew its normal course issuer bid. This allows the company to buy back up to 18,107,917 of its common shares, which is about 5% of the shares that were issued and outstanding as of February 28, 2025. The purchases will take place on the open market.
Pan American Silver Corp. (NYSE:PAAS) will hold a conference call on February 20, 2025, at 11:00 AM ET to discuss their Q4 2024 results. The call will feature company executives, including Siren Fisekci, Michael Steinmann, and Steve Busby, among others. Participants from various financial institutions will also join the call.
Pan American Silver (PAAS) reported quarterly earnings of $0.35 per share, matching the Zacks Consensus Estimate. This is an improvement compared to a loss of $0.04 per share from the same period last year.
VANCOUVER, British Columbia--(BUSINESS WIRE)--Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) has released its financial results for the fourth quarter of 2024 and the full year ending December 31, 2024. The company also shared its expectations for production, costs, and spending in 2025. A conference call and webcast to discuss these results and outlook will take place on February 20.
To better understand how Pan American Silver (PAAS) might perform in the quarter ending December 2024, look beyond Wall Street's basic profit and loss predictions. Instead, focus on the estimates for some of its important metrics. This will give you a clearer picture of the company's potential performance.
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.