Pan American Silver (TSE:PAAS) has released an update.
Pan American Silver’s financial position shows a decrease in total assets to $7,080.0 million as of March 31, 2024, from $7,213.1 million at the end of 2023, with a notable reduction in cash and cash equivalents. Liabilities have also slightly decreased, and the company reported mine operating earnings of $71.0 million amidst a period of increased production costs and depreciation. The financial statements were approved by the board on May 8, 2024, reflecting the company’s ongoing operational and financial activities.
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