Pan American Silver Earlier Announced Divestment Of MARA, Morococha, Agua De La Falda For Total Cash Proceeds Of $593M
Portfolio Pulse from Benzinga Newsdesk
Pan American Silver has announced the divestment of MARA, Morococha, and Agua De La Falda for a total cash proceeds of $593 million.
July 31, 2023 | 12:40 pm
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Pan American Silver's divestment of MARA, Morococha, and Agua De La Falda could potentially free up capital for other investments or debt reduction.
The divestment of these assets by Pan American Silver could potentially free up capital for other investments or debt reduction. However, the impact on the company's stock price will depend on how the market perceives the company's future plans for the use of these funds.
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IMPORTANCE 75
RELEVANCE 100