Pan American Silver Corporation operates in the Gold ores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Pan American Silver with three other
companies in this sector in CANADA :
Iamgold Corp
(2020
sales of 1.66 billion Canadian Dollars [US$1.32 billion]
of which 100%
was Total Gold Mines),
Yamana Gold Incorporated
(2.09 billion Canadian Dollars [US$1.66 billion]
of which 30%
was Canadian Malartic), and
Endeavour Mining Corporation
(1.91 billion Canadian Dollars [US$1.51 billion]
of which 35%
was hounde mine).
Sales Analysis.
Pan American Silver reported sales of C$1.79 billion (US$1.42 billion)
for the
year ending
December of 2020.
This
represents
a very small
increase of 0.3%
versus 2019, when the company's sales were C$1.79 billion.
Sales of Gold Segment Shahuindo saw an increase
that was more than double the company's growth rate: sales were up
44.3% in 2020, from
C$250.58 million to C$361.64 million.
Pan American Silver also saw significant increases in sales in
Gold Segment-Timmins (up 31.8% to C$351.05 million)
and
Dolores- Silver Segments (up 1.8% to C$335.10 million)
and
Gold Segment-La Arena (up 1.9% to C$235.74 million)
and
Manantial Espejo Silver Segment (up 34.4% to C$112.56 million)
.
Not all segments of Pan American Silver experienced an increase in sales in 2020:
sales of Morococha Silver Segment: fell 53.1% to C$63.00 million.
Pan American Silver also experienced decreases in sales in
La Colorada Silver Segment: (down 26.6% to C$172.52 million)
and
Huaron Silver Segment: (down 37.7% to C$96.52 million)
and
San Vicente Silver Segment: (down 36.4% to C$64.81 million)
.