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Pan American Silver Corp. (PAAS)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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20.89+0.06 (+0.29%)
At close: 04:00PM EDT
20.82 -0.07 (-0.34%)
After hours: 07:17PM EDT

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  • J
    Jazenevc
    Q2 results on Wednesday will be likely in-line with estimates. As usual, Yahoo shows numbers, having no relation to the stock. Actual estimate consensus is $0.15/share. This is an adjusted number, which excludes investment gains/losses. GAAP earnings, which will include investment losses, will be close to break-even. The analysts/market will look at the adjusted number.
    The earnings will be too low anyway, and metal prices are lower now than they were in Q2. However, the market sentiment regarding this sector shows some improvement, comparing with awful June-July stretch. One can expect, also, that the company will release Colorada Skarn resource numbers at the point very close to the earnings report. These numbers are the best thing about this company/stock at the moment.
  • J
    Jazenevc
    Guatemala local press reports today that the Ministry of Mining and Xinca representatives successfully finalized the last pre-consultation meeting on July 20, and the Escobal re-opening process has entered next stage: consultation.
  • J
    Jazenevc
    Another good day for gold miners. The market environment has certainly improved for this sector.
  • S
    Sid
    If you buy silver bars, you get no dividend and you have to worry about safely hiding them or paying for a safe. If you buy SLV, you pay monthly or quarterly fees. If you buy PAAS, you get a respectable dividend and ability to own silver in the ground that has a lot more growth potential than just holding the bars. They are the 4th largest silver miner in the world. The top 3 are not as safe as a Canadian company IMO. This is not only an industrial growth play and a solar play, it’s a safety as world debt rises.
  • J
    Jazenevc
    Colorada skarn drilling continues delivering exceptionally strong results. It will affect stock valuation, once the current bad market stretch ends.
  • J
    Jazenevc
    New mineral resource estimate for Colorada Skarn will be released during this quarter, likely close enough to q2 report date. The earnings situation, esp. for q3, is challenging, because of the abrupt drop of gold/silver prices in July. On the other hand, new resource estimate will be likely, very big and strong. Perhaps, the management will try to position the Skarn report to smooth negative investor sentiment, caused by apparently difficult operating environment.
  • J
    Jazenevc
    Gold and especially silver price show strong rebound this morning. US Q2 GDP is negative, it means US recession start and the Fed will not be able to lift rate aggressively. It means strong inflation, weaker dollar and better metal prices.
    Perhaps, some folks missed the bottom on certain miners by waiting and waiting and waiting for something unreal.
  • P
    Praise 👑 𐤀𐤄𐤉𐤄 A’HâYâH!
    Count me in on a few shares of PAAS.
  • k
    ken
    GOING BACK TO THE TEENS...GOLD HATES INCREASING INTEREST RATES...
  • M
    Michael
    I am buying PAAS today. Silver is looking to me like oil did about a year ago when before its big rise. There are catalysts here like EV demand and general market bearishness seen near lows in my opinion.
  • J
    Joe
    Please upthumb post on #SILJ# board (large owner of this stock) in support of 🇺🇦 Ukraine. We as pm investors need to be proactive where our money is invested. thank you.
  • B
    Benjo
    Single Digit and then $3.19 be super bottom.
  • d
    daniel
    Silver up over 6% but all four of my silver miners up less than that. What does that mean? Aren't miners leveraged by the metal for obvious basic reasons.
  • B
    Benjo
    Single Digit.
  • m
    morris
    I just don't understand how, with inflation at very high levels, the price of gold and silver can be down so much.
  • C
    Carol Baskins
    so PAAS basically follows the physical silver price? why not just buy the physical metal
  • J
    Javier
    great entry point. In 1000 shates
  • J
    Jim
    19-handle before the 4th.
  • n
    neal
    At this time silver is just a commodity. I like to view it as an insurance policy too, if things continue to disintegrate in the US (and worldwide) a pocket full of silver is a good thing. you will need something to trade and paper dollars won't be it.
  • J
    Jazenevc
    Escobal-Guatemala news. Local media, called Prensa Libre, reports more today on the consultation process.
    Start of quote (google translated from Spanish)
    The Vice Minister of Social Development of the Ministry of Energy and Mines (MEM), Óscar Pérez Ramírez reported yesterday that there is progress in the pre-consultation phases with the Xinca people for the El Escobal mine and the last meeting is scheduled for July 20.
    End of quote
    Some information relates to the next, consultation stage
    Start of quote
    ……the parties have already reached a scheduling agreement for the consultation and specific dates will be set for each institution to transfer to the Parliament of the Xinca People of Guatemala the information related to the process, the area of influence and the studies carried out. For each date, two institutions will be designated, such as the MEM, Pan American Silver, the Ministry of the Environment and Natural Resources (Marn); the Ministry of Culture and Sports, the National Commission for Disaster Reduction (Conred); and the Ministry of Public Health, the official said. However, the deadlines established in the calendar are tentative and can be extended. After July, the consultation phase will take place, with which it is expected to reach the signing of agreements between the parties involved in February 2023, López said.
    End of quote