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Stock impact report

Pan American Silver Reports First Quarter 2024 Results [Yahoo! Finance]

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: Yahoo! Finance
VANCOUVER, B.C., May 08, 2024 BUSINESS WIRE Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") reports unaudited results for the quarter ended March 31, 2024 ("Q1 2024"). "Cash flow from operations before working capital changes of $133.2 million in the first quarter reflects strong performance on production and costs, with silver and gold production in line with our expectations, and costs for both metals lower than expected," said Michael Steinmann, President and Chief Executive Officer. "We progressed our major projects, notably the new ventilation infrastructure at La Colorada and the plant upgrades at Jacobina, while returning $58.0 million of capital to shareholders through $36.5 million in total cash dividends paid and $21.5 million in shares repurchased." Added Mr. Steinmann: "The sale of our La Arena asset in Peru, announced on May 1, 2024, will further improve our financial position with an upfront cash payment of $245 million on closin Show less Read more
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