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Pan American Silver Corp. Stock
Pan American Silver Corp. (PAAS) is a publicly-traded Canadian mining company that specializes in the exploration, development, and production of silver, gold, and other metals across North and South America. With its headquarters in Vancouver, BC, PAAS operates several mining projects across Mexico, Peru, Argentina, and Bolivia, as well as a portfolio of exploration and development properties throughout the Americas. As of 2021, PAAS is considered one of the world's leading silver producers, with a market capitalization of over $4 billion USD.
Pros and Cons of Pan American Silver Corp. in the next few years
Pros
Cons
Performance of Pan American Silver Corp. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Pan American Silver Corp. | 0.390% | -1.971% | 36.941% | 10.185% | 19.327% | -36.552% | 56.979% |
| SSR Mining Inc. | 5.080% | -2.976% | 30.229% | -65.437% | -51.114% | -64.417% | -53.119% |
| Lundin Mining Corp. | -1.010% | 2.825% | 21.739% | 45.697% | 47.468% | 3.605% | 112.865% |
| Oceanagold Corp. | 0.000% | -1.774% | 20.511% | -0.045% | 23.467% | 53.287% | -16.854% |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Pan American Silver Corp (PAAS), a prominent player in the metals and mining industry, presents a mix of strengths and weaknesses when analyzing its financial statements. Overall, the company's financials indicate some risks and areas of concern, but also opportunities and positive aspects.
Decline in long-term debt: PAAS's long-term debt has reduced significantly, from $119 million in 2021 to $180 million in 2022. This reduction indicates improved financial stability and a lower risk profile for the company.
Growth in total assets: PAAS has managed to grow its total assets over the years, from $3.43 billion in 2020 to $3.51 billion in 2021, and then to $3.25 billion in 2022. The increase in assets can lead to higher future earnings and create value for shareholders.
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