Pan American Silver Provides Update On La Colorada themarketsignal.com/Free-Report/PAAS Pan American Silver Corp. (TSX:PAAS) has a short interest ratio of 1.0 implying that investors think that stock could gain in the near-team. This means the sentiments are bullish on the stock. The company updated the inferred mineral resource of the La Colorada skarn deposit in Mexico of 100.4 million tonnes. The resource contains around 141.0 million silver ounces. Interestingly the updated mineral resource represents an increase of 38% which is an equivalent of the initial resource estimate given in December last year. The company has put the Morococha and Hauron operations in Peru under care and maintenance after workers at the mines tested positive of coronavirus. The reduced workforce at the mines will carry out care and maintenance until it is safe to resume normal operations.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.