VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Pan American Silver Corp. (PAAS) on Tuesday reported a loss of $22.7 million in its third quarter.
On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 6 cents. Earnings, adjusted for non-recurring costs, came to 1 cent per share.
The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The silver mining company posted revenue of $616.3 million in the period, which also did not meet Street forecasts. Seven analysts surveyed by Zacks expected $641.9 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAAS at https://www.zacks.com/ap/PAAS