Pan American Silver's Q3 Adjusted Earnings, Revenue Increase

MT Newswires Live11-06

Pan American Silver (PAAS) reported Q3 adjusted earnings late Tuesday of $0.32 per share, up from $0.01 a year earlier.

Analysts polled by Capital IQ expected $0.20.

Revenue for the quarter ended Sept. 30 was $716.1 million, up from $616.3 million a year earlier.

Three analysts surveyed by Capital IQ expected $710.3 million.

The company also maintained a quarterly dividend of $0.10 per share, payable around Nov. 29, to shareholders as of Nov. 18.

Shares of the precious metals mining company were up 3.8% in Tuesday's after-hours activity.

Price: 23.39, Change: +0.85, Percent Change: +3.77

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