Pan American Silver Corp.
PAAS · Basic Materials
$50.00
Φόρτωση γραφήματος…
Νέα
Τελευταίοι τίτλοι για αυτή τη μετοχή
This Gold Miner's Margin Per Ounce Just Went From $914 to $2,401
Cerrado Gold Inc. reported Q2 2026 gold equivalent production of 15,415 ounces (up 35% YoY) with average realized margins expanding 163% to $2,401/oz, driven primarily by higher gold prices rather than cost reductions. The company reiterated 2026 guidance of 50,000-60,000 GEO and expects results at the higher end as underground development accelerates. Key developments include a Portuguese court injunction favoring the Lagoa Salgada project, an enlarged Mont Sorcier iron ore design (8 Mtpa), and completion of a $31.34 million Sprott Streaming buyback.
Why Pan American Silver Stock Was Tumbling Today
Pan American Silver (PAAS) stock fell nearly 10% after reporting Q2 earnings that missed analyst expectations. While revenue reached $1.12B (up from $812M YoY) and adjusted net income nearly doubled to $308M ($0.73/share), both figures fell short of consensus estimates ($1.16B revenue, $0.92 EPS). Silver production met guidance at 6.5M ounces, but gold operations underperformed, and management lowered full-year production guidance to the bottom end of its range.
Silver Is Rebounding. Should You Invest Now?
Silver prices have rebounded from a recent low of $56 to over $64 per ounce, driven by continued AI data center demand despite earlier investor skepticism. Major tech companies are maintaining their data center spending plans, and silver producer stocks have surged in August. The article recommends silver investments through both producer stocks and ETFs.