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Pan American Silver Announces Record 2024 Financial Results and 2025 Outlook

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  • Pan American Silver reported record 2024 financial results with $2.8 billion revenue.
  • The company forecasts slightly reduced 2025 production but maintains strong financial health.
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Pan American Silver Announces Record 2024 Financial Results and 2025 Outlook

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Pan American Silver ( (TSE:PAAS) ) has provided an update.

On February 19, 2025, Pan American Silver Corp. reported record financial results for 2024, including $2.8 billion in annual revenue and substantial free cash flow, driven by strong metal prices and operational efficiency. The company also outlined its 2025 operating outlook, forecasting slightly reduced silver and gold production due to changes at certain mines but maintaining robust financial health with $1.6 billion in liquidity. Capital projects were completed or initiated across several mines, including infrastructure upgrades and consultations related to the Escobal mine in Guatemala. A dividend was declared, and share repurchases were conducted, reinforcing the company’s commitment to shareholder returns.

More about Pan American Silver

Pan American Silver Corp. operates in the mining industry with a focus on silver and gold production. It is headquartered in Vancouver, Canada, and is listed on the NYSE and TSX under the symbol PAAS. The company is known for its significant production volumes of silver and gold, and it is focused on maintaining sustainable operations and efficient cost management.

YTD Price Performance: 15.44%

Average Trading Volume: 2,872,478

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $8.96B

See more data about PAAS stock on TipRanks’ Stock Analysis page.

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