09:54 AM EST - Pan American Silver Corp. : reported first-quarter net income of $19.11 million U.S. or $0.18 U.S. per basic share, compared to $6.61 million U.S. or $0.08 U.S. per basic share in the year-ago quarter. Mine operating earnings for the quarter surged to $36.87 million U.S. from $10.47 million U.S. a year earlier. Sales for the quarter were $132.4 million U.S., up 88% from $70.4 million U.S. last year. The increase resulted from higher quantities of silver, gold and zinc sold and the significant increase in realized prices for all metals produced by the Company. Pan American Silver Corp.
shares T.PAA are trading up $0.85 at $27.22.
