Just_Super We're over halfway through the Q2 Earnings Season for the Silver Miners Index (SIL) and one of the first companies to report its results was Pan American Silver Corp. (NYSE:PAAS). The company reported a softer Q2 overall with costs up sharply year-over-year on the back of lower production, but this was largely related to weaker performances from Cerro Moro and La Colorada. Fortunately, ventilation upgrades are finally complete at the latter mine and Pan American will generate significant free cas ...

Pan American Silver Corp. (PAAS) reported adjusted earnings per share of 11 cents for second-quarter 2024, missing the Zacks Consensus Estimate of 15 cents. PAAS had posted adjusted earnings per share of 8 cents in the year-ago quarter. Including one-time items, Pan American Silver reported a loss of 6 cents per share in the quarter compared with the year-ago quarter's loss of 9 cents. PAAS's revenues improved 7.3% year over year to $686 million in the quarter under review. The top line beat the Zacks Conse ...

Pan American Silver Corp. (NYSE:PAAS) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Siren Fisekci - IR Michael Steinmann - President and CEO Steve Busby - COO Conference Call Participants Cosmos Chiu - CIBC Don DeMarco - National Bank Financial Operator Good morning, ladies and gentlemen and welcome to the Pan American Silver Second Quarter 2024 Unaudited Results Conference Call and Webcast. [Operator Instructions] This call is being recorded on Thursday, August 8, 2024. I ...

业绩总结 - 第二季度银产量为460万盎司，黄金产量为22万盎司[2] - 第二季度收入为6.863亿美元，矿山经营收益为1.169亿美元[3] - 调整后收益为4000万美元，每股收益为0.11美元[3] - 净亏损为2140万美元，每股基本亏损为0.06美元[3] - 第二季度现金流来自经营活动为1.627亿美元，扣除工作资本变动后的现金流为2.033亿美元[3] - 2024年第二季度基本调整后每股收益为0.11美元[13] - 2024年上半年基本调整后每股收益为0.12美元[16] 成本与库存 - 银段现金成本为每盎司14.49美元，黄金段现金成本为每盎司1186美元[2] - 2024年第二季度银的现金成本为每盎司14.49美元，低于预期的15.50至17.50美元[20] - 2024年第二季度银的全维持成本（AISC）为每盎司19.07美元，低于预期的20.20至22.20美元[20] - 2024年第二季度黄金的现金成本为每盎司1,186美元，接近预期的1,170至1,240美元[20] - 2024年第二季度黄金的全维持成本（AISC）为每盎司1,584美元，接近预期的1,500至1,590美元[20] - 第二季度银的库存减少40万盎司，黄金库存增加0.9万盎司[7] 未来展望 - 2024年银的年产量预计将处于年度指导范围的低端，主要由于2024年第二季度的产量不足[25] - 预计2024年每盎司银的金属价格为23.50美元，每盎司黄金为1950美元[25] - 2024年资本支出总额预计在3.75亿至3.95亿美元之间，其中维持性资本支出为2.95亿至3.10亿美元[27] - 公司计划在2024年进行的探索和项目开发支出预计在1000万至1200万美元之间[27] 项目与技术 - La Colorada的新通风基础设施按计划完成，通风条件在第三季度初有所改善[2] - 公司在2024年将继续进行La Colorada Skarn项目的勘探和工程工作[26] - La Colorada的资本支出预计在2250万至2300万美元之间，Jacobina的资本支出预计在5300万至5500万美元之间[27] 财务状况 - 总可用流动资金为11亿美元，流动资产减去流动负债后的工作资本为2.033亿美元[2] - 截至2024年6月30日，公司现金及短期投资为3.69亿美元[22] - 公司总债务为8.095亿美元，包含高级票据和建设贷款及租赁[22] 股东回报 - 公司每股基础股息为0.10美元，外加与净现金状况挂钩的可变股息[32] - 公司在2024年第一季度回购了约170万股，平均价格为14.16美元[33] 交易与并购 - 公司预计在2024年第三季度完成La Arena的出售交易[25]

Pan American Silver (PAAS) reported $686.3 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 7.3%. EPS of $0.11 for the same period compares to $0.04 a year ago. The reported revenue represents a surprise of +0.60% over the Zacks Consensus Estimate of $682.18 million. With the consensus EPS estimate being $0.15, the EPS surprise was -26.67%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

Pan American Silver (PAAS) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -26.67%. A quarter ago, it was expected that this silver mining company would post a loss of $0.06 per share when it actually produced earnings of $0.01, delivering a surprise of 116.67%. Over the last four qu ...

Management's Discussion and Analysis FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2024 PAN AMERICAN SILVER CORP. Management Discussion and Analysis For the three and six months ended June 30, 2024 and 2023 (tabular amounts are in millions of U.S. dollars and thousands of shares, options, and warrants except per share amounts and per ounce amounts, unless otherwise noted) TABLE OF CONTENTS | --- | --- | |------------------------------------------------------------------|-------| | | | | Introduction | 2 | | C ...

Monty Rakusen Financial markets have turned volatile around the world. That often has bullish implications for precious metals, but silver and gold have merely been treading water. Of course, that's a much better outcome following macro events over the past week compared to cryptocurrencies. The focus shifts back to firm-specific happenings this week when Pan American Silver (NYSE:PAAS) reports Q2 results. Volatility is high heading into the profit update, and the stock's valuation appears fair in my view w ...

Pan American Silver (PAAS) closed at $21.71 in the latest trading session, marking a +1.12% move from the prior day. This move outpaced the S&P 500's daily gain of 0.08%. Elsewhere, the Dow lost 0.12%, while the tech-heavy Nasdaq added 0.07%.The silver mining company's shares have seen an increase of 8% over the last month, surpassing the Basic Materials sector's loss of 1.43% and the S&P 500's loss of 0.21%.The investment community will be closely monitoring the performance of Pan American Silver in its fo ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...