Michael Steinmann - Pan American President, Chief Executive Officer, Director

PAAS Stock  CAD 31.57  0.43  1.34%   

CEO

Dr. Michael Steinmann was President, Chief Executive Officer, Director of Pan American Silver Corporationration Mr. Steinmann was with the Company in different roles since 2004. He was promoted to President in February 2015 and named President CEO in January 2016. Mr. Steinmann has over 20 years of experience in the base and precious metals industry. He joined Pan American Silver Corporationration after serving as Manager of Geology and Business Development for Glencore in South America. Mr. Steinmann holds a Ph.D. in Natural Science from the Swiss Federal Institute of Technology a M.Sc. in Geology from the University of Zurich and a Degree in Corporationrationrate Finance from Escuela Superior de Administracio n y Negocios, Lima. Mr. Steinmann has extensive experience throughout South America in mine operations, project development and corporate MA having participated in numerous mine construction projects from exploration and feasibility studies, through startup and into continuous operation. He was involved in many capital market transactions including placements of equity and debt, as well as in numerous other exploration and business development initiatives since 2016.
Age 53
Tenure 8 years
Address Seymour Street, Vancouver, BC, Canada, V6C 0S6
Phone604 684 1175
Webhttps://www.panamericansilver.com

Pan American Management Efficiency

The company has return on total asset (ROA) of 0.0165 % which means that it generated a profit of $0.0165 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0132) %, meaning that it generated substantial loss on money invested by shareholders. Pan American's management efficiency ratios could be used to measure how well Pan American manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to drop to -0.02. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Pan American's Intangibles To Total Assets are very stable compared to the past year. As of the 22nd of November 2024, Debt To Assets is likely to grow to 0.10, while Net Tangible Assets are likely to drop about 2.1 B.
Pan American Silver has accumulated 801.6 M in total debt with debt to equity ratio (D/E) of 0.06, which may suggest the company is not taking enough advantage from borrowing. Pan American Silver has a current ratio of 2.57, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Pan American until it has trouble settling it off, either with new capital or with free cash flow. So, Pan American's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pan American Silver sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pan to invest in growth at high rates of return. When we think about Pan American's use of debt, we should always consider it together with cash and equity.

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Pan American Silver Corp., together with its subsidiaries, engages in the exploration, development, extraction, processing, refining, and reclamation of silver mines in Canada, Mexico, Peru, Argentina, and Bolivia. Pan American Silver Corp. was founded in 1994 and is based in Vancouver, Canada. PAN AMERICAN operates under Silver classification in Canada and is traded on Toronto Stock Exchange. It employs 6800 people. Pan American Silver (PAAS) is traded on Toronto Exchange in Canada and employs 24 people. Pan American is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Pan American Silver Leadership Team

Elected by the shareholders, the Pan American's board of directors comprises two types of representatives: Pan American inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pan. The board's role is to monitor Pan American's management team and ensure that shareholders' interests are well served. Pan American's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Pan American's outside directors are responsible for providing unbiased perspectives on the board's policies.
Neil Gelder, Independent Director
Michael Steinmann, President, Chief Executive Officer, Director
Steven Busby, Chief Operating Officer
Cameron Paterson, Senior IT
Walter Segsworth, Lead Independent Director
Christopher Lemon, General Counsel
Andres Dasso, Senior Vice President - Mining Operations
Ignacio Couturier, Chief Officer
Charles Jeannes, Independent Director
A Doyle, Chief Financial Officer
Michael Carroll, Independent Director
Delaney Fisher, Associate VP
Michael PGeo, CEO President
Scott Campbell, Senior Projects
Ross Beaty, Independent Chairman of the Board
Christopher Emerson, Vice President - Business Development and Geology
Brent Bergeron, Senior Sustainability
Ibtissam Drier, Senior Development
Martin PEng, Senior Optimization
Siren Fisekci, Vice President Investor Relations and Corporate Communications
Sean McAleer, Senior Vice President, Managing Director, Guatemala
Gillian Winckler, Independent Director
PGEO PGeo, CEO Pres
George Greer, Senior Vice President - Project Development

Pan Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Pan American a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Pan American

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pan American position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pan American will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pan Stock

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Moving against Pan Stock

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The ability to find closely correlated positions to Pan American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pan American when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pan American - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pan American Silver to buy it.
The correlation of Pan American is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pan American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pan American Silver moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pan American can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Pan American Silver is a strong investment it is important to analyze Pan American's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pan American's future performance. For an informed investment choice regarding Pan Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pan American Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Please note, there is a significant difference between Pan American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pan American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pan American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.