Pan American Silver Corp. (PAAS)

CA — Basic Materials Sector
Peers: AGI  JHX  RGLD  RPM  SQM  CF  SUZ  RS  ALB  HMY 

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Key Metrics & Ratings

  • symbol PAAS
  • Rev/Share 8.5919
  • Book/Share 17.4832
  • PB 3.3944
  • Debt/Equity 0.1295
  • CurrentRatio 2.3132
  • ROIC 0.0797

 

  • MktCap 21736549218.0
  • FreeCF/Share 1.9695
  • PFCF 29.1336
  • PE 35.4207
  • Debt/Assets 0.0937
  • DivYield 0.0078
  • ROE 0.1202

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • DCF Score 4
  • P/B Score 2
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Resumed PAAS BMO Capital Markets -- Market Perform -- -- April 16, 2025

News

Pan American Silver (PAAS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
PAAS
Published: February 11, 2026 by: Zacks Investment Research
Sentiment: Positive

Pan American Silver (PAAS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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image for news Pan American Silver (PAAS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
PAAS Trades at a Discount to Industry: Right Time to Buy the Stock?
PAAS
Published: February 06, 2026 by: Zacks Investment Research
Sentiment: Positive

Pan American Silver trades at a valuation discount as strong silver output, rising prices and the MAG Silver deal fuel growth momentum and long-term upside.

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image for news PAAS Trades at a Discount to Industry: Right Time to Buy the Stock?
Undercovered Dozen: POET Technologies, Pan American Silver, MercadoLibre, AT&T And More
MELI, PAAS, POET, POETD, T
Published: February 02, 2026 by: Seeking Alpha
Sentiment: Neutral

Undercovered Dozen: POET Technologies, Pan American Silver, MercadoLibre, AT&T And More

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image for news Undercovered Dozen: POET Technologies, Pan American Silver, MercadoLibre, AT&T And More
Pan American Silver: More Risk Than Reward, Opposite Of Early 2025 (Rating Downgrade)
PAAS
Published: January 30, 2026 by: Seeking Alpha
Sentiment: Negative

Pan American Silver Corp. (PAAS) is downgraded from Buy to Sell due to stretched valuations and heightened downside risk in precious metals. PAAS trades at 17.5x 2027 EPS estimates, well above peers like Newmont, with elevated EV/sales and a "D" Quant Valuation Grade. Current precious metals prices are incredibly overbought historically; a severe correction could lead to 50% or greater downside for PAAS.

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image for news Pan American Silver: More Risk Than Reward, Opposite Of Early 2025 (Rating Downgrade)
Pan American Silver: Get Ready For A Potential Q4 Earnings Blowout
PAAS
Published: January 26, 2026 by: Seeking Alpha
Sentiment: Positive

In Q3, Pan American Silver generated record free-cash-flow of $251.7 million, or an estimated $0.57/share, easily covering the quarterly dividend of $0.14/share. Yet that was based on realized prices for silver and gold of $39.08/oz and $3,479/oz, respectively, both of which have skyrocketed since then. The TTM P/E=37.3x and the forward P/E is roughly the same as the S&P 500, and neither appears to fully value the increase in the price of silver and gold.

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image for news Pan American Silver: Get Ready For A Potential Q4 Earnings Blowout
PAAS vs. SSRM: Which Mining Stock Is the Better Buy Now?
PAAS, SSRM
Published: January 22, 2026 by: Zacks Investment Research
Sentiment: Neutral

Pan American Silver and SSR Mining are benefiting from higher silver and gold prices, rising production and acquisitions, but differ on valuation, assets and operational risks.

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image for news PAAS vs. SSRM: Which Mining Stock Is the Better Buy Now?
Pan American Silver Reports Y/Y Increase in '25 Silver Production
PAAS
Published: January 21, 2026 by: Zacks Investment Research
Sentiment: Positive

PAAS posts an 8% y/y jump in 2025 silver output to 22.8 Moz, with record Q4 volumes from Juanicipio and production landing within its guidance.

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image for news Pan American Silver Reports Y/Y Increase in '25 Silver Production
Pan American Silver sees record quarterly silver production after Juanicipio acquisition
PAAS
Published: January 21, 2026 by: Proactive Investors
Sentiment: Positive

Pan American Silver Corp. (TSX:PAA, NASDAQ:PAAS) reported record fourth quarter results and higher-than-expected annual silver production in 2025, driven in part by strong output at its Juanicipio mine, the company said in a preliminary production update on Wednesday. The company said attributable silver production reached 22.8 million ounces for the full year, exceeding its updated guidance range, and set a quarterly record with 7.3 million ounces produced in the fourth quarter.

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image for news Pan American Silver sees record quarterly silver production after Juanicipio acquisition
Silver Rally Isn't Over Yet: 3 Stocks Investors Should Buy
HL, PAAS, WPM
Published: January 20, 2026 by: Zacks Investment Research
Sentiment: Positive

Silver's surge continues amid geopolitical tensions and industrial demand, with PAAS, HL, and WPM poised to benefit from the rally.

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image for news Silver Rally Isn't Over Yet: 3 Stocks Investors Should Buy
Can PAAS Stock Meet Its Upbeat 2025 Silver Production Guidance?
PAAS
Published: January 14, 2026 by: Zacks Investment Research
Sentiment: Positive

Pan American Silver lifts its 2025 silver outlook to 22-25M ounces after Juanicipio gains, higher mine output and a strong start to the year.

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image for news Can PAAS Stock Meet Its Upbeat 2025 Silver Production Guidance?
Pan American Silver (PAAS) is a Great Momentum Stock: Should You Buy?
PAAS
Published: January 12, 2026 by: Zacks Investment Research
Sentiment: Positive

Does Pan American Silver (PAAS) have what it takes to be a top stock pick for momentum investors? Let's find out.

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image for news Pan American Silver (PAAS) is a Great Momentum Stock: Should You Buy?
4 Best Gold & Silver Stocks to Buy As Prices Hit New Highs
AEM, HL, PAAS, RGLD
Published: January 12, 2026 by: Zacks Investment Research
Sentiment: Positive

Gold and silver touch fresh highs in 2026. Here are four stocks poised to benefit from the precious metals rally.

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image for news 4 Best Gold & Silver Stocks to Buy As Prices Hit New Highs
Boost Your Portfolio Returns With These 4 Top-Performing Liquid Stocks
CIEN, EVER, GCT, PAAS
Published: January 09, 2026 by: Zacks Investment Research
Sentiment: Positive

CIEN, EVER, PAAS and GCT make the cut as the top liquid stocks, each boasting strong liquidity, growth attributes and operational efficiency.

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image for news Boost Your Portfolio Returns With These 4 Top-Performing Liquid Stocks
PAAS Soars 163% in a Year: What's the Right Strategy for Investors?
PAAS
Published: January 07, 2026 by: Zacks Investment Research
Sentiment: Positive

Pan American Silver stock has jumped 163% in a year, driven by a major acquisition, rising silver output, record cash flow and a valuation that still trails peers.

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image for news PAAS Soars 163% in a Year: What's the Right Strategy for Investors?
Best Momentum Stock to Buy for January 2nd
AAUC, PAAS, USCB
Published: January 02, 2026 by: Zacks Investment Research
Sentiment: Positive

PAAS, USCB and AAUC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 2, 2026.

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image for news Best Momentum Stock to Buy for January 2nd
Silver 10x'd the S&P 500 In 2025 And Refiner Stocks Could Be Next
AG, FCX, PAAS
Published: December 31, 2025 by: 24/7 Wall Street
Sentiment: Negative

Silver prices recently broke $83 per oz. before an artificially induced pullback due to COMEX changing its margin requirement rules.

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image for news Silver 10x'd the S&P 500 In 2025 And Refiner Stocks Could Be Next
Pan American Silver Closes Sale of Pico Machay Project to Xali Gold
PAAS
Published: December 30, 2025 by: Zacks Investment Research
Sentiment: Neutral

PAAS closes the sale of Peru's Pico Machay project to Xali Gold for $500,000 as it sharpens portfolio optimization and silver focus.

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image for news Pan American Silver Closes Sale of Pico Machay Project to Xali Gold
Gold and Silver Are on Fire—These Canadian Miners Ride the Wave
AEM, PAAS, WPM
Published: December 29, 2025 by: MarketBeat
Sentiment: Positive

The biggest winners in your portfolio continue to be the oldest investments in existence. Gold and silver seemingly can't be stopped, with the former up more than 70% year-to-date (YTD) and the latter posting a staggering gain of over 150% YTD.

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image for news Gold and Silver Are on Fire—These Canadian Miners Ride the Wave
Best Income Stocks to Buy for Dec. 24
CBFV, GTX, PAAS
Published: December 24, 2025 by: Zacks Investment Research
Sentiment: Positive

CBFV, GTX and PAAS made it to the Zacks Rank #1 (Strong Buy) income stocks list on Dec. 24, 2025.

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image for news Best Income Stocks to Buy for Dec. 24
Pan American Silver (PAAS) Is Up 12.03% in One Week: What You Should Know
PAAS
Published: December 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Does Pan American Silver (PAAS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Read More
image for news Pan American Silver (PAAS) Is Up 12.03% in One Week: What You Should Know
Best Momentum Stocks to Buy for Dec. 16
MDB, OMCL, PAAS
Published: December 16, 2025 by: Zacks Investment Research
Sentiment: Positive

PAAS, OMCL and MDB made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on Dec. 16, 2025.

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image for news Best Momentum Stocks to Buy for Dec. 16
Is Pan American Silver (PAAS) Stock Outpacing Its Basic Materials Peers This Year?
PAAS
Published: December 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Here is how Pan American Silver (PAAS) and Perimeter Solutions, SA (PRM) have performed compared to their sector so far this year.

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image for news Is Pan American Silver (PAAS) Stock Outpacing Its Basic Materials Peers This Year?
PAAS Reports Strong 2025 Exploration Results Across Operating Mines
PAAS
Published: December 02, 2025 by: Zacks Investment Research
Sentiment: Positive

Pan American Silver posts robust 2025 drilling results across key mines, highlighting broad resource growth and steady progress in its exploration strategy.

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image for news PAAS Reports Strong 2025 Exploration Results Across Operating Mines
Pan American Silver Stock Hits 52-Week High: What's Driving It?
PAAS
Published: December 01, 2025 by: Zacks Investment Research
Sentiment: Positive

PAAS hits a 52-week high as record silver prices, strong Q3 results and fresh contributions from its Juanicipio stake fuel momentum across its portfolio.

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image for news Pan American Silver Stock Hits 52-Week High: What's Driving It?
PAAS vs. AG: Which Silver Mining Stock is the Better Buy?
AG, PAAS
Published: November 28, 2025 by: Zacks Investment Research
Sentiment: Positive

PAAS boosts production, cash flow and dividends as silver prices surge, sharpening its edge over a fast-growing rival.

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image for news PAAS vs. AG: Which Silver Mining Stock is the Better Buy?
PAAS Reports Record Cash Flow in Q3: A Sign for More Upside?
PAAS
Published: November 20, 2025 by: Zacks Investment Research
Sentiment: Neutral

Pan American Silver posts a second-straight quarter of record cash flow as strong operations, rising liquidity and a higher dividend fuel investor interest.

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image for news PAAS Reports Record Cash Flow in Q3: A Sign for More Upside?
Should You Buy, Sell or Hold Pan American Silver Post Q3 Earnings?
PAAS
Published: November 14, 2025 by: Zacks Investment Research
Sentiment: Positive

PAAS posts solid Q3 gains and record cash flow while boosting its silver outlook after the MAG Silver deal.

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image for news Should You Buy, Sell or Hold Pan American Silver Post Q3 Earnings?
Pan American Silver Corp. (PAAS:CA) Q3 2025 Earnings Call Transcript
PAAS
Published: November 13, 2025 by: Seeking Alpha
Sentiment: Neutral

Pan American Silver Corp. ( PAAS:CA ) Q3 2025 Earnings Call November 13, 2025 11:00 AM EST Company Participants Siren Fisekci - Vice President of Investor Relations & Corporate Communications Michael Steinmann - President, CEO & Director Steven Busby Scott Campbell - Chief Operating Officer Ignacio Couturier - Chief Financial Officer Conference Call Participants Wayne Lam - TD Cowen, Research Division Fahad Tariq - Jefferies LLC, Research Division John Tumazos - John Tumazos Very Independent Research, LLC Ovais Habib - Scotiabank Global Banking and Markets, Research Division Cosmos Chiu - CIBC Capital Markets, Research Division Don DeMarco - National Bank …

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image for news Pan American Silver Corp. (PAAS:CA) Q3 2025 Earnings Call Transcript
4 Silver Mining Stocks to Buy to Ride the Solid Industry Trends
AG, FNLPF, HL, PAAS
Published: November 11, 2025 by: Zacks Investment Research
Sentiment: Positive

Rising silver prices and strong demand brighten the Zacks Mining - Silver outlook, making FNLPF, PAAS, HL and AG solid portfolio picks.

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image for news 4 Silver Mining Stocks to Buy to Ride the Solid Industry Trends
4 Value Stocks Primed for Gains as Shutdown Uncertainty Fades
GLDD, PAAS, PCG, STNE
Published: November 11, 2025 by: Zacks Investment Research
Sentiment: Positive

As optimism returns after the Senate's move to end the shutdown, investors eye value stocks like GLDD, STNE, PCG and PAAS with solid cash flow strength.

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image for news 4 Value Stocks Primed for Gains as Shutdown Uncertainty Fades

About Pan American Silver Corp. (PAAS)

  • IPO Date 1995-06-12
  • Website https://www.panamericansilver.com
  • Industry Silver
  • CEO Michael Steinmann
  • Employees 9000

Pan American Silver Corp., together with its subsidiaries, engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Argentina, and Bolivia. It holds interests in the La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, San Vicente, Joaquin, Cap-Oeste Sur Este, and Navidad mines. The company was formerly known as Pan American Minerals Corp. and changed its name to Pan American Silver Corp. in April 1995. Pan American Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.