Pan American Silver ( (PAAS) ) has released its Q2 earnings. Here is a breakdown of the information Pan American Silver presented to its investors.
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Pan American Silver Corp., a leading producer of silver and gold, operates mines across the Americas and is known for its sustainable practices and operational excellence. The company recently reported record net earnings of $189.6 million for the second quarter of 2025, alongside a 20% increase in dividends. Key financial highlights include a revenue of $811.9 million, silver production of 5.1 million ounces, and gold production of 178.7 thousand ounces. The company also reported a record free cash flow of $233.0 million and a cash balance of $1.1 billion. Strategic announcements include the acquisition of MAG Silver Corp., expected to significantly boost silver production and reduce costs. Looking ahead, Pan American Silver maintains a positive outlook for 2025, reaffirming its production and cost guidance, with expectations of increased gold production in the latter part of the year.