Mining Firms Pan American Silver and US Gold See Investor Cuts and Earnings Miss

Royal Bank of Canada reduced its stake in Pan American Silver Corp. by 13.9% in the first quarter, selling 636,897 shares and holding 3,930,161 shares, which represents about 0.93% of the company valued at roughly $214.7 million.

US Gold Corp. reported quarterly earnings of a loss of $0.33 per share, missing analysts' consensus estimate of a $0.18 loss. The stock rose modestly after the release, trading around $12.92. Institutional investors have been active in both companies, with new positions and adjustments reported for each.

These developments highlight recent shifts in investor sentiment toward precious‑metal mining firms, combining a notable reduction in a major bank’s holding with an earnings shortfall at a U.S. miner.