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BRIEF-Pan American Q1 adjusted earnings per share $0.02

Published 2016-05-11, 10:25 p/m
© Reuters.  BRIEF-Pan American Q1 adjusted earnings per share $0.02
PAAS
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May 11 (Reuters) - Pan American Silver Corp PAA.TO
* Sets quarterly cash dividend of $0.0125 per share
* Increased silver production 6% to 6.42 million ounces in
Q1
* Increased gold production 10% to 41,200 ounces in Q1
* Qtrly silver production increased 6% to 6.42 million
ounces
* Remains confident that it will achieve its full year 2016
operational forecasts
* Qtrly revenue $158.3 million versus $178.1 million
* Expects to produce between 24.0 million and 25.0 million
ounces of silver and between 175,000 and 185,000 ounces of gold
in 2016
* Expects to invest between $135.0 million and $140.0
million in project development at its La Colorada and Dolores
Mines
* "Our two expansion projects at La Colorada and Dolores are
advancing on schedule and on budget"
* Qtrly net earnings per share attributable to common
shareholders (basic) $0.01
* Pan American silver announces its unaudited 2016 first
quarter results
* Q1 adjusted earnings per share $0.02

Source text for Eikon: ID:nPn9FVw4ya
Further company coverage: PAA.TO

(Bengaluru Newsroom);

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