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Pan American Silver Corp (PAAS.O)

PAAS.O on Nasdaq

17.37USD
24 May 2017
Change (% chg)

$0.26 (+1.52%)
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Volume
1,660,330
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Latest Key Developments (Source: Significant Developments)

Pan American Silver announces qtrly earnings per share $0.13
Tuesday, 9 May 2017 05:01pm EDT 

May 9 (Reuters) - Pan American Silver Corp :Pan American Silver announces unaudited net earnings of $20.0 million ($0.13 per share) for the first quarter of 2017.Qtrly gold production was 37.7 thousand ounces compared with 41.2 thousand ounces in q1 2016.Qtrly silver production was 6.20 million ounces compared with 6.42 million ounces in Q1 of 2016.Says consolidated all-in sustaining costs per silver ounce sold were $12.63 in q1 2017 compared with $13.12 in Q1 2016.Qtrly revenue of $198.7 million was 26% higher than $158.3 million reported in q1 2016.Qtrly basic adjusted earnings $0.06 per share.Qtrly basic earnings per share $0.13.Q1 earnings per share view $0.10, revenue view $184.9 million -- Thomson Reuters I/B/E/S."expansion of dolores mine is on track with underground mine development scheduled for completion in 2017"."There have been no revisions to pan american's guidance for 2017, as provided in its press release dated January 12, 2017".  Full Article

Pan American Silver to acquire cose project from Patagonia Gold
Tuesday, 25 Apr 2017 08:00am EDT 

April 25 (Reuters) - Pan American Silver Corp :Total consideration for cose transaction is $15 million, of which $7.5 million is deferred.Pan American Silver to acquire cose project from Patagonia Gold.Total consideration for cose transaction includes a 1.5 pct net smelter return royalty.Co's unit Minera Triton Argentina will acquire 100 pct of Patagonia Gold's Cap-Oeste Sur Este project in Santa Cruz, Argentina.Patagonia Gold has been granted an exclusive option to purchase from Co's unit, the Calcatreu gold-silver project for $15 million.  Full Article

Pan American Silver preliminary qtrly gold production 43,900 ounces
Thursday, 12 Jan 2017 05:00pm EST 

Pan American Silver Corp : Pan american silver announces strong preliminary 2016 operating results and three-year outlook . Preliminary 2016 silver production of 25.4 million ounces exceeded original forecast provided in january 2016 . Pan american silver corp - preliminary qtrly gold production 43,900 ounces . Sees 2017 silver production 26.0 million ounces - 28.0 million ounces . Pan american silver corp says anticipate spending approximately $21 million on near-site and regional exploration in 2017 . Pan american silver corp - sees 2017 total gold production 155,000 - 165,000 ounces . Pan american silver corp says capital expenditures are expected to total $140 to $150 million in 2017 .Sees expects silver and gold production to rise significantly in second half of 2017.  Full Article

Pan American Silver reports Q3 earnings per share of $0.28
Monday, 14 Nov 2016 09:20pm EST 

Pan American Silver Corp : Pan American Silver Corp - 2016 silver production guidance increased to 25.0 million ounces - 25.7 million ounces from 24.0 million ounces - 25.0 million ounces . Pan American Silver announces net earnings of $0.28 per share in the third quarter, and revises 2016 outlook for silver production and costs . Q3 earnings per share $0.28 . Q3 revenue rose 47 percent to $233.6 million . Q3 adjusted earnings per share $0.24 . Reaffirming its outlook for gold production of 175.0 to 185.0 thousand ounces in 2016 . Says silver production in Q3 2016 was 6.36 million ounces compared with 6.61 million ounces in Q3 2015 . Sees 2016 capital expenditures reduced to $185 to $200 million from $200 to $215 million .Gold production was 50.4 thousand ounces in Q3 of 2016.  Full Article

Pan American Silver Q2 earnings per share $0.22
Thursday, 11 Aug 2016 08:17pm EDT 

Pan American Silver Corp : On pace to meet production targets for 2016 . Pan american silver announces net earnings of $34.2 million ($0.22 per share) in the second quarter . Q2 earnings per share $0.22 . Q2 adjusted earnings per share $0.13 . Lowered our guidance for cash costs and all-in sustaining costs per ounce by 30% and 16%, respectively, for 2016 . Q2 revenue $192.3 million versus $174.2 million last year . Qtrly silver production was 6.33 million ounces, down slightly from 6.65 million ounces produced in q2 2015 . Reducing annual 2016 cash costs guidance by 30% to range between $6.50 and $7.50 per ounce . Reaffirming its FY targets for silver production of between 24.0 million and 25.0 million ounces .Reaffirms FY gold production of between 175,000 and 185,000 ounces.  Full Article

Pan American Silver acquired 42.85 mln common shares of Maverix for consideration of C$52,823,048
Monday, 11 Jul 2016 08:25pm EDT 

Pan American Silver Corp : Acquired 42.85 million common shares of Maverix for consideration of C$52,823,048 .Acquired Maverix Metals Inc for C$ $1.23 per common share.  Full Article

Pan American Silver files for mixed shelf of upto $500 mln
Monday, 11 Jul 2016 04:48pm EDT 

Pan American Silver Corp :Pan American Silver Corp files for mixed shelf of up to $500 million - SEC filing.  Full Article

Pan American Q1 adjusted earnings per share $0.02
Wednesday, 11 May 2016 10:25pm EDT 

Pan American Silver Corp : Sets quarterly cash dividend of $0.0125 per share . Increased silver production 6% to 6.42 million ounces in Q1 . Increased gold production 10% to 41,200 ounces in Q1 . Qtrly silver production increased 6% to 6.42 million ounces . Remains confident that it will achieve its full year 2016 operational forecasts . Qtrly revenue $158.3 million versus $178.1 million . Expects to produce between 24.0 million and 25.0 million ounces of silver and between 175,000 and 185,000 ounces of gold in 2016 . Expects to invest between $135.0 million and $140.0 million in project development at its La Colorada and Dolores Mines . "Our two expansion projects at La Colorada and Dolores are advancing on schedule and on budget" . Qtrly net earnings per share attributable to common shareholders (basic) $0.01 . Pan American silver announces its unaudited 2016 first quarter results .Q1 adjusted earnings per share $0.02.  Full Article

Pan American Silver Corp gives FY 2016 production guidance
Tuesday, 19 Jan 2016 08:00am EST 

Pan American Silver Corp:Expects FY 2016 annual silver production to decline slightly to between 24.0 million and 25.0 million ounces, while gold production is expected to be between 175,000 and 185,000 ounces.Expects FY 2016 base metals production to be between 46,000 and 48,000 tonnes of zinc, 15,000 to 15,500 tonnes of lead and 13,000 to 13,500 tonnes of copper.  Full Article

Pan American Silver Corp announces CEO Geoff Burns' Retirement
Monday, 14 Dec 2015 08:00am EST 

Pan American Silver Corp:Announces CEO Geoff Burns' Retirement and Names Michael Steinmann as Successor.Geoff Burns, Chief Executive Officer, will retire effective December 31, 2015 and Mr. Michael Steinmann, currently President, will be appointed President & CEO effective January 1, 2016.Steinmann will also join the Board of Directors on January 1, 2016.  Full Article

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BRIEF-Pan American Silver announces qtrly earnings per share $0.13

* Pan American Silver announces unaudited net earnings of $20.0 million ($0.13 per share) for the first quarter of 2017