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Pan American Silver slides after Q3 misses estimates

Nov. 14, 2014 9:44 AM ETPan American Silver Corp. (PAAS) Stock, PAAS:CA StockPAASBy: Carl Surran, SA News Editor
  • Pan American Silver (PAAS -2.9%) opens sharply lower after reporting Q3 earnings and revenues that fell short of analyst expectations.
  • PAAS consolidated production YTD was 19.4M oz. of silver and 117.6K oz. of gold, within the company's forecast for the first three quarters; management believes PAAS will achieve its original FY  2014 production guidance of 25.75M-26.75M oz. of silver and 155K-165K oz. of gold.
  • Raises its 2014 production guidance to 44K metric tons of zinc, 15K metric tons of lead and 8K metric tons of copper.

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