Pan American Silver (PAAS) Stock Overview
Engages in the exploration, mine development, extraction, processing, refining, and reclamation of mines in Chile, Peru, Brazil, Mexico, Canada, Argentina, Bolivia, and Guatemala. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
Community Fair Values
Pan American Silver Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$79.78 |
| 52 Week High | CA$95.39 |
| 52 Week Low | CA$30.82 |
| Beta | 1.53 |
| 1 Month Change | -3.48% |
| 3 Month Change | 5.65% |
| 1 Year Change | 121.92% |
| 3 Year Change | 219.12% |
| 5 Year Change | 88.47% |
| Change since IPO | 2,939.24% |
Recent News & Updates
Recent updates
Sustained Silver at ~US$100/oz Drives Explosive Leverage and Re-Rating for PAAS
Pan American Silver (PAAS) stands to benefit enormously from a structural shift in the silver market, where I expect the price to stabilize long-term around US$100 per ounce (or higher), driven by persistent supply deficits (Silver Institute forecasts ongoing shortfalls through 2027+), surging industrial demand (solar PV, EVs, electronics, and AI-related applications consuming ever-larger volumes), and renewed monetary/investment interest amid inflation/geopolitical risks. Unlike conservative analyst models that often embed long-term silver assumptions of US$25–35/oz (leading to muted cash flow projections and lower fair values), my base case assumes silver averages ~US$100 over the forecast period.Pan American Silver Corp. (TSE:PAAS) Stock Rockets 31% As Investors Are Less Pessimistic Than Expected
Dec 02
Pan American Silver Corp. Just Missed Earnings - But Analysts Have Updated Their Models
Nov 15Optimistic Investors Push Pan American Silver Corp. (TSE:PAAS) Shares Up 26% But Growth Is Lacking
Sep 04Pan American Silver Corp.'s (TSE:PAAS) Business Is Yet to Catch Up With Its Share Price
Apr 15Shareholder Returns
| PAAS | CA Metals and Mining | CA Market | |
|---|---|---|---|
| 7D | 2.7% | 4.7% | 2.0% |
| 1Y | 121.9% | 109.9% | 41.9% |
Return vs Industry: PAAS exceeded the Canadian Metals and Mining industry which returned 109.9% over the past year.
Return vs Market: PAAS exceeded the Canadian Market which returned 41.9% over the past year.
Price Volatility
| PAAS volatility | |
|---|---|
| PAAS Average Weekly Movement | 9.2% |
| Metals and Mining Industry Average Movement | 13.1% |
| Market Average Movement | 11.0% |
| 10% most volatile stocks in CA Market | 19.4% |
| 10% least volatile stocks in CA Market | 3.9% |
Stable Share Price: PAAS has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: PAAS's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1979 | 9,348 | Michael Steinmann | www.panamericansilver.com |
Pan American Silver Corp. engages in the exploration, mine development, extraction, processing, refining, and reclamation of mines in Chile, Peru, Brazil, Mexico, Canada, Argentina, Bolivia, and Guatemala. The Silver segment includes the La Colorada, Juanicipio, Cerro Moro, Huaron, and San Vicente mines. The Gold segment comprises the Jacobina, El Peñon, Timmins, Shahuindo, Minera Florida, and Dolores mines.
Pan American Silver Corp. Fundamentals Summary
| PAAS fundamental statistics | |
|---|---|
| Market cap | CA$33.20b |
| Earnings (TTM) | CA$1.35b |
| Revenue (TTM) | CA$5.01b |
Is PAAS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PAAS income statement (TTM) | |
|---|---|
| Revenue | US$3.62b |
| Cost of Revenue | US$1.74b |
| Gross Profit | US$1.88b |
| Other Expenses | US$899.00m |
| Earnings | US$978.00m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
May 05, 2026
| Earnings per share (EPS) | 2.32 |
| Gross Margin | 51.87% |
| Net Profit Margin | 27.02% |
| Debt/Equity Ratio | 10.5% |
How did PAAS perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/10 17:26 |
| End of Day Share Price | 2026/04/10 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Pan American Silver Corp. is covered by 23 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew Murphy | BMO Capital Markets Equity Research |
| Kevin O'Halloran | BMO Capital Markets Equity Research |
| Lawson Winder | BofA Global Research |