Commodities
Pan American Silver Delivers Record Shareholder Returns Amid Higher Metal Prices
Pan American Silver (NYSE: PAAS) reported its second-quarter financial results for 2026, delivering record shareholder returns of $300 million through dividends and share repurchases.
The Vancouver-based miner also announced attributable free cash flow of $344 million and silver production at the high end of quarterly guidance. The higher price environment underpinned both the production economics and the company's expanded capital return program.
Pan American Silver realized an average silver price of $70.97 per ounce in Q2 2026, compared with $32.91 in the same quarter of 2025. Gold averaged $4,402 per ounce, up from $3,305.