Pan American Silver Corp. Stock

Description Pan American Silver

Pan American Silver is a Canadian mining company that specializes in the exploration, mining, and processing of silver and other metals such as gold, zinc, lead, and copper. The company was founded in 1994 and is headquartered in Vancouver, British Columbia.

Pan American Silver has mines and projects located in countries across North and South America, including Mexico, Peru, Bolivia, Argentina, and the United States. The company's largest mine is the La Colorada mine, located in Mexico, which produces both silver and gold. Pan American Silver is known for its strong commitment to sustainability and community engagement, and has received numerous awards for its environmental and social responsibility efforts.

As of August 2021, Pan American Silver has a market capitalization of approximately $5.5 billion and its stock is listed on the NASDAQ and the Toronto Stock Exchange under the symbol PAAS. The company's stock has performed well in recent years, with a 5-year total return of nearly 200% as of August 2021.

Competitors of Pan American Silver

Pan American Silver Corporation (PAAS) is a publicly-traded Canadian mining company that engages in the exploration, development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper ores. Some of the most important competitors of PAAS in the global mining industry include:

1. Fresnillo plc (Symbol: FRES): It is a UK-based mining company that specializes in the exploration, development, and production of gold and silver in Mexico. It owns a diversified portfolio of mining assets, including six underground mines, two open-pit mines, and two development projects.

2. Coeur Mining, Inc. (Symbol: CDE): It is a US-based mining company that operates several underground and open-pit mines in North America and South America. It mainly produces silver, gold, zinc, and lead, and also explores for copper.

3. Hecla Mining Company (Symbol: HL): It is a US-based mining company that operates several mines in North America and South America. It produces silver, gold, lead, and zinc, and also exploits industrial minerals like talc and silica.

4. First Majestic Silver Corp. (Symbol: AG): It is a Canadian mining company that focuses on the production of silver in Mexico. It operates several underground mines and exploration projects in the country and also explores for gold and copper.

5. Buenaventura Mining Company Inc. (Symbol: BVN): It is a Peru-based mining company that engages in the exploration, development, and production of gold, silver, zinc, lead, and copper. It owns several underground and open-pit mining complexes in Peru and also has exploration projects in other Latin American countries.

Suppliers of Pan American Silver

As a mining company, Pan American Silver has multiple suppliers, each of which plays an important role in the company's operations. Some of the key suppliers of Pan American Silver are:

1. Equipment suppliers: Mining equipment is a crucial component of any mining company's operations. Pan American Silver requires massive equipment for mining, such as drilling machines, conveyor belts, loaders, and haul trucks. The company's equipment suppliers may include leading machinery manufacturers like Caterpillar, Komatsu, and Sandvik.

2. Energy suppliers: Mining is an energy-intensive process, and Pan American Silver requires a lot of electricity and fuel to operate its equipment and facilities. The company's energy suppliers may include utilities companies like Pacific Gas Electric, BC Hydro, and Comisión Federal de Electricidad.

3. Chemicals suppliers: The company needs various chemicals to extract minerals from ore and purify them. Chemical suppliers may include companies like BASF, Dow Chemical, and Chemours.

4. Logistics and transportation suppliers: Moving minerals from mines to refineries and customers requires proper logistics and transportation. Pan American Silver may work with companies like C.H. Robinson, DHL, and FedEx for logistics and transportation services.

5. Financial service providers: Pan American Silver raises capital for projects and operations through financial service providers, such as banks or investment firms. The company's financial services providers may include companies like JPMorgan Chase, HSBC, or Morgan Stanley.