Ultime notizie per Pan American Silver (NYSE:PAAS) Azioni

Pan American Silver

Pan American Silver Corp is a mining company principally engaged in the operation and development of, and exploration for, silver and gold-producing properties and assets. The company's principal products are silver and gold, although it also produces and sells zinc, lead, and copper. Its operating mines comprise La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, and San Vicente mines.

Pan American Silver Corp

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Shares of precious metals stocks are trading lower as global markets continue to decline following President Trump's announcement of sweeping tariffs.The sector is also under pressure amid a rise in the U.S. dollar.

Shares of precious metals stocks are trading lower as markets react to President Trump's announcement of sweeping tariffs.

BofA Securities analyst Lawson Winder discussed the performance of gold price last week and where it is headed.
Gold prices have exceeded the analyst&#8217;s long-term target of $3,000 per ounce, with the analyst suggesting a potential rise to $3,500 if investment demand grows by 10%.
China&#8217;s insurance sector could allocate up to 1% of its assets to gold, representing about 6% of the annual gold market. Central banks, currently holding around 10% of their reserves in gold, might increase that to over 30% for portfolio efficiency.
Retail investors are also showing increased interest, with physically backed gold ETFs seeing a 4% year-over-year rise across major regions.
Additionally, potential trade policy uncertainty and a weaker U.S. dollar could further drive gold prices higher. A rebalancing of U.S. deficits may also create a bullish outlook for gold, noted the analyst.
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On March 27, gold surged to a record $3,060/oz after Trump announced a 25% tariff on all imported passenger vehicles not made in the U.S.
The rally continued on March 28, reaching $3,087/oz, fueled by a higher-than-expected Personal Consumption Expenditure (PCE) index report, the Federal Reserve&#8217;s preferred inflation measure.
Gold closed the week up 2.1% at $3,085/oz, while major gold equity indices also gained: S&amp;P/TSX Global Gold Index: +1.9%, Philadelphia Gold and Silver Index: +1.4%, NYSE Arca Gold Bugs Index: +2.0%
All North American gold producers under the analyst&#8217;s coverage have released their year-end 2024 gold reserves, with Eldorado Gold Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGO#NYSE">EGO</a>) reporting as of September 30 and Pan American Silver Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAAS#NYSE">PAAS</a>) as of June 30.
While most companies have also provided 2025 production guidance, SSR Mining Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSRM#NASDAQ">SSRM</a>) has yet to do so. SSRM has been included in the reserve life analysis using reasonable 2025 production estimates.
The analyst noted the reserve lives are trending higher, but this growth is primarily due to a drop in annual gold production rather than a significant increase in reserves.
In 2024, total gold reserves rose by just 1.4%, while production declined by 8%, noted the analyst.
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Gold Rally Could Gain Momentum With Central Bank Buying And China Allocation, Analyst Says

Shares of precious metals stocks are trading higher amid strength in gold and silver due to tariff uncertainty. Gold reached an all-time high.

Buybacks

Pan American Silver Says TSX Accepted Notice Of Intention To Renew Normal Course Issuer Bid To Purchase Up To 18.1M Shares, Representing Up To 5% Of Issued And Outstanding Shares

TD Securities analyst Craig Hutchison maintains Pan American Silver (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAAS#NYSE">PAAS</a>) with a Buy and raises the price target from $25 to $28.

Price Target

TD Securities Maintains Buy on Pan American Silver, Raises Price Target to $28

Scotiabank analyst Ovais Habib maintains Pan American Silver (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAAS#NYSE">PAAS</a>) with a Sector Outperform and raises the price target from $28 to $28.5.

Scotiabank Maintains Sector Outperform on Pan American Silver, Raises Price Target to $28.5

Guidance

Pan American Silver Expects 2025 Silver Production To Be 20.00 - 21.00 Million Ounces, Gold Production To Be 735 - 800 Thousand Ounces

Pan American Silver (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAAS#NYSE">PAAS</a>) reported quarterly earnings of $0.35 per share which met the analyst consensus estimate. This is a 975 percent increase over losses of $(0.04) per share from the same period last year. The company reported quarterly sales of $815.10 million which beat the analyst consensus estimate of $814.00 million by 0.14 percent. This is a 21.73 percent increase over sales of $669.60 million the same period last year.

Earnings

Earnings Beats

Pan American Silver Q4 2024 Adj EPS $0.35, Inline, Sales $815.10M Beat $814.00M Estimate

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First Trust Advantage Preferred Income Fund

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Earnings Scheduled For February 19, 2025

SBSW

Shares of precious metals stocks are trading higher as gold and silver prices rise amid US tariffs on steel and aluminum.

Shares of precious metals stocks are trading higher as gold and silver rise on US-China trade war concerns and a drop in the US dollar index.

Shares of precious metal-related companies are trading higher. Reserve assets may be seeing renewed strength after the Fed kept rates unchanged yesterday and noted that inflation remains somewhat elevated.

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Shares of stocks in the broader metals and mining sector are trading higher in possible sympathy with Rio Tinto and Glencore who announced discussions regarding a potential merger, the largest in mining industry history.

Pan American Silver Corp. &nbsp;achieved its production guidance for 2024, with 21.1 million ounces of silver and 892 thousand ounces of gold produced in 2024. Guidance was also achieved for annual production of zinc, lead and copper.
The full-year ("FY 2024") production results were driven by strong performance in the fourth quarter 2024 ("Q4 2024"):
<ul>
<li>Silver production of 6.0 million ounces in Q4 2024, with the La Colorada mine in Mexico making a significant contribution, producing 1.6 million ounces of silver in the quarter.</li>
<li>Gold production of 224 thousand ounces in Q4 2024, which excludes December production from the La Arena mine in Peru, the sale of which was completed on December 2, 2024, as previously announced by the Company.</li>
</ul>

Reported Earlier, Pan American Silver Achieves 2024 Production Targets With 21.1M Ounces Silver And 892K Ounces Gold, Ends Year With $887.3M Cash

Shares of stocks in the broader metals and mining sector are trading lower amid overall market weakness following the Fed's rate decision to cut rates by 25 basis points.

GATO

Shares of silver companies are trading lower amid a drop in the price of the commodity.

Shares of precious metals stocks are trading higher amid strength in gold and silver prices. Gold may be rising amid reports of renewed China Central Bank purchases as well as geopolitical uncertainty following Assad's ouster in Syria.

Shares of precious metals stocks are trading higher amid a rise in the price of gold and silver, which are rebounding after falling last week.

Shares of precious metals stocks are trading lower as gold and silver drop amid a rise in the US dollar.

Press Releases

Pan American Silver Reports Mineral Reserves and Mineral Resources as at June 30, 2024

Pan American Silver to Announce Third Quarter 2024 Unaudited Results

METALLA REPORTS PORTFOLIO UPDATES

Pan American Silver Reports Unaudited Third Quarter 2024 Results, with Record Free Cash Flow of $151.5 Million

Pan American Silver Receives Investment Canada Regulatory Approval for the Sale of La Arena

Pan American Silver Completes the Sale of La Arena

Pan American Silver Provides Annual Exploration Update

Pan American Silver achieves 2024 production guidance and enters 2025 with a record cash balance

Pan American Silver Reports Audited Financial Results for 2024, Including Record Revenue, Cash Flow From Operations and Free Cash Flow

Pan American Silver Announces Renewal of Normal Course Issuer Bid

TSX:PAAS

TSXV:MTA

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TD Securities

Scotiabank

Jefferies

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Commodities

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New Pacific Metals Says It Has The Silver Bullets For A Silver-Starved World

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Precious metal prices are significantly influenced by investor sentiment, much like stocks and bonds. This can lead to routine price fluctuations, sometimes large and erratic, where the volatility can create both challenges and opportunities for investors. 

Silver Prices Surging – How Market Conditions Are Affecting The Price Of Silver

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RSMXF

With Gold At All Time High, Regency Silver Poised To Benefit

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Ultime notizie per Pan American Silver (NYSE:PAAS) Azioni

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