Ross Beaty, board chair of Pan American Silver Corp. has been buying shares in the Latin American miner as the stock trades above its 10-year low of $9.97. On Dec. 22, he bought 500,000 shares. For the third quarter, the company reported cash costs per ounce of $12.29 (U.S.), net of by-product credits. That helped to generate cash flow from operating activities of $38.3-million or 25 cents a share. Looking ahead , CEO Geoff Burns has said cash generation will be a key focus at each mine.
Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Infographic reflects public-market transactions of common shares or unit trusts by company officers and directors.
