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Pan American Silver Corp. Achieves 2024 Production Targets and Enters 2025 with Record Cash Balance
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Pan American Silver Corp. Achieves 2024 Production Targets and Enters 2025 with Record Cash Balance

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The latest announcement is out from Pan American Silver ( (TSE:PAAS) ).

Pan American Silver Corp. achieved its 2024 production guidance, producing 21.1 million ounces of silver and 892 thousand ounces of gold, with notable contributions from its La Colorada and Jacobina mines. The company’s record cash balance of $887.3 million at the start of 2025, bolstered by proceeds from the sale of the La Arena mine, positions it strongly for future strategic initiatives.

More about Pan American Silver

Pan American Silver Corp. operates in the mining industry, primarily producing silver and gold, along with zinc, lead, and copper. The company focuses on strategic operations in key mining locations such as the La Colorada mine in Mexico and the Jacobina mine.

YTD Price Performance: 0.23%

Average Trading Volume: 3,413,968

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $7.77B

For detailed information about PAAS stock, go to TipRanks’ Stock Analysis page.

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