Is (PAAS) Outperforming Other Basic Materials Stocks This Year?
Pan American Silver to Announce Q1 2020 Unaudited Results on May 6
New Pacific Metals Corp. (NUAG.V) (“New Pacific” or the “Company”) and Pan American Silver Corp. (PAAS) (PAAS) (“Pan American”) have announced concurrent offerings. New Pacific has announced today that it has entered into an agreement with BMO Capital Markets (“BMO”) as sole underwriter, under which BMO has agreed to buy on bought deal basis 4,238,000 common shares (the “Common Shares”), at a price of C$5.90 per Common Share for gross proceeds of approximately C$25 million (the “Offering”).
Silver miners rallied nicely today, with Coeur Mining leading the way with a nearly 19% gain. Here's what drove the advance.
Thank you, operator, and welcome, everyone, to Pan American Silver's first quarter 2020 conference call. In a few moments, I will turn the call over to Pan American's President and CEO, Michael Steinmann, who will provide a brief review of our results. Joining us for the Q&A portion are Pan American's Chief operating Officer, Steve Busby; Chief Financial Officer, Rob Doyle; Senior VP, Technical Services and Process Optimization, Martin Wafforn; and VP of Business Development and Geology, Chris Emerson.
Pan American Silver Provides Update on its Annual General and Special Meeting of Shareholders
With all the attention that COVID-19-related companies have gotten over the past couple of months, it's easy to forget that there are plenty of other promising stocks out there to invest in. While there are other insulin pump makers on the market, such as Tandem Diabetes, Insulet's OmniPod stands out for a couple of reasons.
Pan American Silver (PAAS) suspends mining operations in Mexico, Peru, Argentina and Bolivia responding to coronavirus fears.
Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) today reported unaudited results for the first quarter ended March 31, 2020 ("Q1 2020"). Pan American's unaudited condensed interim consolidated financial statements and notes ("financial statements"), as well as Pan American's management's discussion and analysis ("MD&A;") for the three months ended March 31, 2020, are available on Pan American's website at panamericansilver.com and on SEDAR at www.sedar.com.
Following an initiative of reducing the number of people on site to increase physical distancing, Pan American will now expand this program in order to bring its La Colorada and Dolores operations into compliance with the Executive Order. Pan American has also begun to voluntarily reduce throughput by approximately 10% to 20% at its Timmins operation in Canada in order to further enhance physical distancing throughout the operation, offices and personnel transport systems. As previously announced, Pan American has suspended normal operations at its mines in Peru , Argentina and Bolivia in order to comply with mandatory national quarantines.
Vale S.A (VALE) considers temporary closure of its Malaysian terminal and distribution center in the wake of the coronavirus outbreak.
Gold is a special situation today. We want you all to be on board. This is likely going to continue because gold has always been, and still is the world's favorite safe haven, suggest Mary Anne and Pamela Aden, leading resource sector experts and editors of The Aden Forecast.
Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American") is pleased to release its 2019 Sustainability Report, which includes details on Pan American's environmental, social, governance ("ESG"), and health and safety performance. An online version of the report and a PDF download are available in English, with the Spanish version coming soon at: panamericansilver.com.
Despite the abysmal price trends, silver's fundamental image appears quite strong and the metal will eventually recover in the impending demand-supply imbalance.
First Majestic Silver (AG) is suspending operations thanks to the restrictions imposed by the Mexican government to combat the spread of the coronavirus.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
First Majestic (AG) records stellar consolidated silver production in Q1 across all three operating mines amid coronavirus outbreak.
Pan American Silver Announces Results of Annual General and Special Meeting
The government of Argentina imposed the quarantine in response to COVID-19 and stated that it will be in effect until March 31, 2020 . Pan American is also suspending supply deliveries and personnel transport at its San Vicente operations in Bolivia to comply with a mandatory national quarantine that is stated to be in effect until March 31, 2020 . Pan American will conduct care and maintenance activities, as necessary, at both operations during the suspension to sustain the appropriate safety and environmental systems, and to ensure operational readiness when the suspensions are lifted.
Pan American Silver (PAAS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.