Thursday, January 21, 2021

Tag: Top Primary Silver Miner Cost Of Production Now Breaking Even

Top Primary Silver Miner Cost Of Production Now Breaking Even

by Steve St. Angelo, SRSRocco Report:

One of the top primary silver mining company’s is now breaking even producing silver.  Pan American Silver just released its Q1 2020 Report surprising analysts by posting a net loss of $77 million.  However, if we go by the company’s “Adjusted Earnings,” Pan American Silver reported a $7.6 million loss.  This is the figure I use for my calculations in determining the “Estimated Breakeven.”

I will be posting a new Youtube Video update on the details of the Silver Market and the Breakeven Analysis this weekend.