On August 7, Pan American Silver rose 6.78% in regular trading, trading at $51.09/share, with turnover of $31.37 million.
On the news front, the precious metals sector collectively strengthened, with spot silver and gold prices running at elevated levels, lifting the broader mining complex. Concurrently, Pan American Silver is scheduled to report quarterly earnings on August 12. Market consensus expects revenue of $1.155 billion, representing a 59.17% year-over-year increase; EPS of $0.96, up 163.58% year-over-year; and EBIT of $529 million, up 118.71% year-over-year. Last quarter, the company reported EPS of $1.09, beating analyst estimates by 26.74%, reinforcing confidence in continued high-growth momentum.
Within the Gold sector, the overall sector gained broadly. Among individual stocks, Anglogold Ashanti up 10.28%, Coeur Mining up 9.3%, Agnico Eagle Mines up 6.79%, Newmont Mining up 5.92%, Barrick Mining Corporation up 5.37%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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