$PAAS

2 stories mentioning PAASUpdated 51m ago

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Pan American Silver Q2 Adjusted Earnings, Revenue Rise; Shares Drop After Hours

Pan American Silver (PAAS) reported Q2 adjusted earnings late Wednesday of $0.73 per basic share, up from $0.43 a year earlier.Analysts polled by FactSet expected $0.88.Revenue for the quarter ended June 30 rose to $1.12 billion from $812 million a year earlier.Three analysts expected $1.15 billion.The company raised its quarterly dividend to $0.184 a share from $0.18, payable around Sept. 4 to stockholders of record Aug. 24.Pan American Silver shares fell 5.1% in after-hours trading.

$PAAS

Research92d ago

Pan American Silver Upgraded to Buy at TD

Pan American Silver Corp. (PAAS.TO, PAAS) was upgraded to Buy from Hold at TD Securities on Tuesday.Analyst Wayne Lam raised his price target on shares of the Vancouver-based mining company to $72 from $67."We upgrade PAAS... with our view that recent updates have bolstered the outlook for the company ahead," Lam said in a note to clients."This includes the Skarn Update, which provides PAAS with a large silver focused growth project along with ongoing robust FCF simultaneously supporting growth initiatives and enhanced capital returns," the analyst said.

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