Pan American Silver Corp
NYSE:PAAS
ROA
Return on Assets
ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.
ROA Across Competitors
| Country | Company | Market Cap | ROA | ||
|---|---|---|---|---|---|
| CA |
|
Pan American Silver Corp
TSX:PAAS
|
14.3B CAD |
4%
|
|
| US |
|
Hecla Mining Co
NYSE:HL
|
3.8B USD |
2%
|
|
| CA |
|
MAG Silver Corp
TSX:MAG
|
3B CAD |
16%
|
|
| CA |
|
Fortuna Silver Mines Inc
TSX:FVI
|
2.9B CAD |
8%
|
|
| CA |
|
First Majestic Silver Corp
TSX:FR
|
2.3B CAD |
-7%
|
|
| CA |
|
Aya Gold & Silver Inc
TSX:AYA
|
1.7B CAD |
-3%
|
|
| CA |
|
Endeavour Silver Corp
TSX:EDR
|
1.7B CAD |
-10%
|
|
| US |
G
|
Gatos Silver Inc
TSX:GATO
|
1.5B CAD |
9%
|
|
| CA |
|
Silvercorp Metals Inc
TSX:SVM
|
1.3B CAD |
6%
|
|
| CA |
|
GoGold Resources Inc
TSX:GGD
|
738.1m CAD |
1%
|
|
| CA |
|
Discovery Silver Corp
XTSX:DSV
|
467.2m CAD | N/A |
Pan American Silver Corp
Glance View
Pan American Silver Corp., founded in 1994, is a prominent player in the global mining industry, specializing in silver production. With its headquarters nestled in Vancouver, British Columbia, the company has etched its mark by expanding operations across Latin America, from Mexico to Bolivia. The firm operates a robust portfolio of mining sites, including some of the richest silver veins in the world. For Pan American Silver, growth isn't just about mining silver—it’s about a strategic approach that balances organic growth with tactical acquisitions, thus diversifying its mineral reserves and enhancing its production capabilities. While silver remains its primary focus, the company has broadened its horizons to include significant gold production, which acts as both a hedge and a revenue enhancer amidst fluctuating silver prices. Revenue for Pan American Silver primarily flows from the extraction, processing, and sale of silver and other metals. The company meticulously manages the entire process, from geological exploration to mineral extraction, and eventually the refining into market-ready products. It's a capital-intensive operation, relying on advanced technology and skilled labor to efficiently convert mineral deposits into financial returns. By leveraging strategic locations near established mining infrastructure, the company minimizes logistical costs while maximizing output. Additionally, Pan American Silver capitalizes on long-term supply agreements and hedging strategies to navigate the volatile commodity markets, positioning itself as a resilient entity within the traditionally cyclical mining industry. Through this comprehensive approach, the company not only sustains its profitability but also reinforces its commitment to sustainable and responsible mining practices.
See Also
ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.
Based on Pan American Silver Corp's most recent financial statements, the company has ROA of 4.4%.
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