Pan American Silver (TSE:PAAS) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Pan American Silver Corp. has reported record free cash flow of $151.5 million in the third quarter of 2024, driven by increased production and higher silver and gold prices. The company achieved silver production of 5.47 million ounces and gold production of 225 thousand ounces, with total revenue reaching $716.1 million. Additionally, the La Colorada mine’s new ventilation system significantly boosted silver production and reduced costs.
For further insights into TSE:PAAS stock, check out TipRanks’ Stock Analysis page.