Pan American Silver Financials Indicate Mixed Results

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

Pan American Silver Corp. reported a decrease in cash and cash equivalents to $337.2 million as of June 30, 2024, down from $399.6 million at the end of the previous year. Total assets decreased slightly to $7,043.9 million compared to $7,213.1 million at the end of 2023. The company also saw a modest dip in total equity, posting $4,623.4 million against $4,772.5 million previously, while revenues for the first half of 2024 rose to $1,287.7 million from $1,030.2 million in the first half of 2023.

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