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8.83811880641108E-05 0.000640763613464951 0.000916954826165272 0.000916954826165272 0.00423124937856972 -0.00433067821514182 -0.0101306936818498 -0.00184495730083853
Stock impact report

Pan American Silver +10% after Q1 beat, lowest cash costs in a decade [Seeking Alpha]

Pan American Silver Corp. (PAAS) 
Last pan american silver corp. earnings: 2/19 07:59 pm Check Earnings Report
US:NASDAQ Investor Relations: panamericansilver.com/investors
Company Research Source: Seeking Alpha
Pan American Silver +10% after Q1 beat, lowest cash costs in a decadePan American Silver (PAAS+10.6%) surges after reporting better than expectedQ1 earnings on a combination ofhigher revenues and lower costs.PAAS says Q1 production totaled 6.1M silver oz., with all-in sustaining costs of $6.98/oz. and cash costs of $1.18/oz. of payable silver, lowest in a decade.While Q1 silver production was down slightly from 6.2M oz. in the year-ago quarter, gold production rose 22% Y/Y to 46.2K oz. from 37.7K oz.PAAS says overall daily stacking rates of 21K metric tons were achieved at the Dolores expansion project, and the new underground mine is on track to achieve targeted rates of 1,500 tons/day by year-end.PAAS maintains FY 2018 silver production guidance of 25M-26.5M oz. at cash costs of $3.60-$4.60/oz. and all-in sustaining costs of $9.30-$10.80/oz., as well as gold output of 175K-185K oz.See all stocks on the move »Now read:Gold Now Set To Make New Highs, But Comes Under Pressure By Late A Show less Read more
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