Pan American Silver Past Earnings Performance

Past criteria checks 0/6

Pan American Silver's earnings have been declining at an average annual rate of -38.8%, while the Metals and Mining industry saw earnings growing at 23.1% annually. Revenues have been growing at an average rate of 14% per year.

Key information

-38.8%

Earnings growth rate

-35.2%

EPS growth rate

Metals and Mining Industry Growth	26.4%
Revenue growth rate	14.0%
Return on equity	-2.2%
Net Margin	-4.5%
Next Earnings Update	08 May 2024

Recent past performance updates

Recent updates

Pan American Silver: Growing Reserve Base, Improving Profitability, But High Operational Risk

Sep 19

Pan American Silver: Significant Reserve Growth Following Yamana Acquisition

Aug 27

Pan American Silver: A Better Q2 With Higher-Margin Yamana Assets

Aug 11

Pan American Silver: An Elite Gold/Silver Producer

Jun 12

Pan American Silver: Trading At A Deep Discount To Fair Value

Jun 01

Pan American Silver: A Bigger Company Now

May 23

Pan American Silver: Trading At Its Cheapest Levels Since March 2020

Sep 19

Pan American Silver: Further Weakness Should Provide A Buying Opportunity

Aug 08

Pan American Silver: A Sector Leader Being Thrown Out With The Bathwater

May 12

Pan American Silver: Waiting For The Escobal Mine To Reopen

Apr 04

Pan American Silver: Leverage To Silver At A Reasonable Price

Mar 03

Pan American Silver: Further Weakness Should Present A Buying Opportunity

Jan 24

Pan American Silver: Entering The New Year At A Reasonable Valuation

Jan 03

Pan American Silver: A Better H2 Ahead

Oct 18

Pan American Silver: The Recent Selloff Is An Opportunity

Aug 12

Revenue & Expenses Breakdown
Beta

How Pan American Silver makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:PAAS Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	2,316	-104	76
30 Sep 23	2,022	-225	65
30 Jun 23	1,745	-275	56
31 Mar 23	1,445	-402	45
31 Dec 22	1,495	-342	47
30 Sep 22	1,541	-155	48
30 Jun 22	1,663	-63	50
31 Mar 22	1,705	182	49
31 Dec 21	1,633	97	46
30 Sep 21	1,641	252	45
30 Jun 21	1,481	298	46
31 Mar 21	1,348	247	45
31 Dec 20	1,339	178	43
30 Sep 20	1,313	61	44
30 Jun 20	1,365	33	42
31 Mar 20	1,455	31	43
31 Dec 19	1,351	111	42
30 Sep 19	1,120	-5	38
30 Jun 19	955	-52	36
31 Mar 19	831	-34	33
31 Dec 18	784	10	34
30 Sep 18	837	123	34
30 Jun 18	840	150	36
31 Mar 18	825	149	39
31 Dec 17	817	121	39
30 Sep 17	781	94	39
30 Jun 17	824	119	37
31 Mar 17	815	118	37
31 Dec 16	775	100	35
30 Sep 16	747	-55	35
30 Jun 16	673	-164	30
31 Mar 16	655	-206	28
31 Dec 15	675	-227	30
30 Sep 15	675	-620	29
30 Jun 15	694	-574	31
31 Mar 15	720	-572	32
31 Dec 14	752	-546	31
30 Sep 14	781	-312	28
30 Jun 14	816	-278	27
31 Mar 14	791	-459	30
31 Dec 13	825	-446	33
30 Sep 13	879	-183	44
30 Jun 13	918	-175	50

Quality Earnings: PAAS is currently unprofitable.

Growing Profit Margin: PAAS is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PAAS is unprofitable, and losses have increased over the past 5 years at a rate of 38.8% per year.

Accelerating Growth: Unable to compare PAAS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PAAS is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-27.8%).

Return on Equity

High ROE: PAAS has a negative Return on Equity (-2.2%), as it is currently unprofitable.

Pan American Silver Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released: US$0.32 loss per share (vs US$1.62 loss in FY 2022)

Pan American Silver Corp. to Report Q1, 2024 Results on May 08, 2024

Pan American Silver Corp. to Report Q4, 2023 Results on Feb 21, 2024

Pan American Silver Corp. to Report Q3, 2023 Results on Nov 07, 2023

Second quarter 2023 earnings: EPS misses analyst expectations

Pan American Silver Corp. to Report Q2, 2023 Results on Aug 09, 2023

Recent updates

Jinteng (Singapore) Mining Pte. Ltd agreed to acquire La Arena S.A. from Pan American Silver Corp. (TSX:PAAS) for approximately $300 million.

Price target increased by 7.5% to US$22.28

Pan American Silver: Has The Potential To Improve Performance Significantly

Pan American Silver Corp. Reports Additional High-Grade Drill Results from the La Colorada Skarn project

Now 20% overvalued

Pan American Silver: An Improved 2024 Margin Outlook

Now 20% overvalued

Full year 2023 earnings released: US$0.32 loss per share (vs US$1.62 loss in FY 2022)

Pan American Silver Corp. Provides Consolidated Production Guidance for the First Quarter, Second Quarter, Third Quarter and Fourth Quarter of 2024 and Reaffirms Production Guidance for the Full Year 2024

Pan American Silver Corp., Annual General Meeting, May 08, 2024

Pan American Silver: A Higher Cost Year On Deck

Price target decreased by 8.3% to US$20.94

Pan American Silver Corp. Provides Production Guidance for the Year of 2024

Pan American Silver: A Top Risk/Reward Leverage Idea On Precious Metals

High number of new directors

Pan American Silver Corp. Announces Preliminary Economic Assessment of the La Colorada Skarn Project

Pan American Silver Corp. to Report Q1, 2024 Results on May 08, 2024

Pan American Silver Corp. to Report Q4, 2023 Results on Feb 21, 2024

Pan American Silver Corp. Provides Annual Exploration Update

Rio Tinto Mining and Exploration Chile completed the acquisition of 57.74% stake in Agua de la Falda, S.A. from Pan American Silver Corp. (TSX:PAAS).

Brutal Q3 For Pan American Silver: Traders On Alert

Pan American Silver Corp. Declares Cash Dividend for the Third Quarter of 2023, Payable on or About December 1, 2023

Pan American Silver Has Glittering Prospects With Asset Optimization

Pan American Silver Corp. to Report Q3, 2023 Results on Nov 07, 2023

Pan American Silver Provides an Update on the Restart of Operations At the La Colorada Mine

Pan American Silver Temporarily Suspends Operations At the La Colorada Mine

Pan American Silver: Growing Reserve Base, Improving Profitability, But High Operational Risk

Pan American Silver: Significant Reserve Growth Following Yamana Acquisition

Pan American Silver: A Better Q2 With Higher-Margin Yamana Assets

Second quarter 2023 earnings: EPS misses analyst expectations

Rio Tinto Mining and Exploration Chile signed an agreement to acquire 57.75% stake in Agua de la Falda, S.A. from Pan American Silver Corp. (TSX:PAAS) for $45.55 million.

Alpayana S.A. entered into a binding agreement to acquire Compañía Minera Argentum S.A. from Pan American Silver Corp. (TSX:PAAS) for $25 million.

Pan American Silver Corp. to Report Q2, 2023 Results on Aug 09, 2023

Pan American Silver: An Elite Gold/Silver Producer

High number of new directors

Pan American Silver: Trading At A Deep Discount To Fair Value

Pan American Silver: A Bigger Company Now

Pan American Silver Corp. Announces Board Changes

First quarter 2023 earnings released: EPS: US$0.078 (vs US$0.36 in 1Q 2022)

Pan American Silver Corp. Reports Additional High-Grade Drill Results from the La Colorada Skarn Project

Upcoming dividend of US$0.10 per share at 2.3% yield

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target increased by 7.4% to US$23.20

Triple Flag Precious Metals Corp. (TSX:TFPM) completed the acquisition of Maverix Metals Inc. (TSX:MMX) from Newmont Corporation (NYSE:NEM), Pan American Silver Corp. (TSX:PAAS), Kinross Gold Corporation (TSX:K) and others.

Pan American Silver Corp. to Report Fiscal Year 2022 Results on Feb 22, 2023

Third quarter 2022 earnings released: US$0.34 loss per share (vs US$0.096 profit in 3Q 2021)

Triple Flag Precious Metals Corp. (TSX:TFPM) entered into a definitive agreement to acquire Maverix Metals Inc. (TSX:MMX) from Newmont Corporation (NYSE:NEM), Pan American Silver Corp. (TSX:PAAS), Kinross Gold Corporation (TSX:K) and others for approximately $590 million.

Pan American Silver Corp. Provides Production Guidance for the Full Year 2022

Pan American Silver Corp. (TSX:PAAS) and Agnico Eagle Mines Limited (NYSE:AEM) made a definitive binding offer to acquire remaining stake in Yamana Gold Inc. (TSX:YRI) for $4.9 billion.

Gold Fields Target Yamana Catches Eyes of Agnico Eagle, Pan American

Pan American Silver Corp. Extends High-Grade Silver Zone at the La Colorada Skarn Project

Pan American Silver Corp. to Report Q3, 2022 Results on Nov 09, 2022

Pan American Silver: Trading At Its Cheapest Levels Since March 2020

Pan American Silver Reports Large Increase to the Mineral Resource Estimate for Its La Colorada Skarn Deposit

Price target decreased to US$23.71

Now 22% undervalued after recent price drop

Pan American Silver Corp. Announces Production Guidance for 2022

Pan American Silver: Further Weakness Should Provide A Buying Opportunity

Pan American Silver Corp Drills Highest Grade Intercept to Date on the La Colorada Skarn Project

Price target decreased to US$25.92

Pan American Silver Corp. to Report Q2, 2022 Results on Aug 10, 2022

Price target decreased to US$29.43

Upcoming dividend of US$0.12 per share

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Pan American Silver Corp. Announces Production Guidance for 2022

Pan American Silver: A Sector Leader Being Thrown Out With The Bathwater

Pan American Silver Corp. Declares Dividend, Payable on or About June 3, 2022

Investor sentiment deteriorated over the past week

Pan American Silver Corp. Extends Mineralization at the La Colorada Skarn Project

Revenue & Expenses Breakdown
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