Pan American SilverNASDAQ: PAAS

Evaluate the expected performance of Pan American Silver (PAAS) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

In the closing of the recent trading day, Pan American Silver (PAAS) stood at $24.44, denoting a -1.17% change from the preceding trading day.

Does Pan American Silver (PAAS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Pan American Silver (PAAS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

VANCOUVER, British Columbia--(BUSINESS WIRE)--Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American") will announce its unaudited results for the third quarter of 2024 after market close on Tuesday, November 5, 2024. A conference call and webcast are planned for 11:00 am ET (8:00 am PT) on Wednesday, November 6, 2024. Third Quarter 2024 Unaudited Results Conference Call and Webcast Date: Wednesday, November 6, 2024 Time: 11:00 am ET (8:00 am PT) Dial-in numbers: 1-888-259-6580 (toll.

Pan American Silver is one of the largest silver miners in the world and its shares have appreciated over 30% YTD. Despite Q2 production challenges, revenue increased by 7.3% due to higher metal prices, setting up a strong second half of 2024. The company's diversified portfolio and solid balance sheet, combined with potential catalysts like the Escobal mine reopening, support a positive outlook.

The latest trading day saw Pan American Silver (PAAS) settling at $21.35, representing a +1.57% change from its previous close.

Pan American Silver is rated as a hold due to limited further price increases in silver and rising all-in sustaining costs. PAAS's AISC increased by nearly 20% in Q2. Silver production fell by 8.82% in Q2, but management's 2024 production targets are still achievable, potentially improving AISC and profit margins.

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