PAAS

PAAS expands its reserve base through exploration and drilling, adding silver and gold resources while advancing Timmins for potential growth.

Pan American Silver (PAAS) closed at $48.75 in the latest trading session, marking a -2.48% move from the prior day.

VANCOUVER, British Columbia--(BUSINESS WIRE)--Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") is pleased to report its estimated mineral reserves and mineral resources as at June 30, 2026. Proven and probable ("P&P") mineral reserves are estimated to contain approximately 511.1 million ounces of silver and 6.3 million ounces of gold. Measured and indicated ("M&I") mineral resources (excluding P&P mineral reserves) are estimated to total approxima.

PAAS delivers silver AISC below its guidance in H1'26, but higher costs at key mines may pressure its strong performance in H2.

Pan American Silver advances La Colorada Skarn, targeting a 37-year mine life, strong cash flow and major silver output.

Bullion pays nothing, but the miners extracting it are funneling billions back to shareholders right now. Five precious-metals producers combine gold's defensive appeal with real dividends and buybacks built on free cash flow that dwarfs their payout obligations.

PAAS delivers record shareholder returns as cash flow surges, with strong silver production and prices supporting earnings and cash flow gains.

Pan American Silver is reiterated as a BUY due to a low valuation, strong free cash flow, and a robust net-cash position. PAAS benefits from low-cost gold and silver production, with FY26 gold output significantly back-end loaded to capitalize on higher prices. Free-cash-flow generation was $344 million in Q2 alone. The company has a solid balance sheet with net cash of $959 million, or $2.27/share.

In this article series, I summarize dividend announcements of the past week. This week, 12 stocks announced dividend increases, while one announced a 52% dividend cut. BMI stands out with a 10% dividend increase, an excellent quality score of 8.04, a very safe dividend, and a valuation with 11.97% upside. CBOE leads dividend hikes with a 19.44% increase, a top-quality score of 8.64, and robust dividend safety metrics.

Pan American Silver posts a 38.4% y/y revenue gain in Q2 as higher metal prices and silver production growth boost results, while earnings miss estimates.