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Pan American Silver Corp. (PAAS.TO)
CAD61.42
+1.02 (+1.69%)
CA TSX Basic Materials Silver
Address
625 Howe Street V6C 2T6
Vancouver, BC, CA
Vancouver, BC, CA
CEO
Michael Steinmann
Website
panamericansilver.com
IPO
1996-04-16
ISIN CA6979001089
Also trades on
Buenos Aires Stock Exchange · PAAS.BA (ARS)
London Stock Exchange · 0R07.L (CAD)
New York Stock Exchange · PAAS (USD)
Other OTC · PAASF (USD)
Toronto Stock Exchange · PAAS.TO (CAD)
Description
Pan American Silver Corp., together with its affiliates, oversees the full spectrum of mining activities, from initial exploration and development to the extraction, processing, and refining of silver, gold, zinc, lead, and copper, as well as the eventual reclamation of mine sites. Its operations span multiple countries, including Canada, Mexico, Peru, Argentina, and Bolivia. The company possesses ownership stakes in a portfolio of mines, which includes La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, San Vicente, Joaquin, Cap-Oeste Sur Este, and Navidad. Founded in 1979, the corporation was originally known as Pan American Minerals Corp. It subsequently adopted its current name, Pan American Silver Corp., in April 1995. The company's principal office is located in Vancouver, Canada.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
CAD61.42
+1.02 (+1.69%)
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Volume Profile
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Liquidity & share structure
Average Volume
949.8K
Beta
1.50
Float Shares
421.19M
Free Float %
100.0%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +2.57% | +9.26% | +9.58% | +17.64% | +62.67% | +22.85% | +174.13% | +292.19% | +116.17% | +333.85% | +599.36% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Analyst Consensus (24 ratings, all time)
Buy
Price Targets & DCF
Current price
61.42
DCF (Unlevered)
20.97
-65.9%
DCF (Levered)
30.49
-50.4%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
67% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 3 | 0 |
| Buy | 3 | 0 |
| Hold | 3 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
6.77
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
-
Revenue growth Silver: +90.4%+30.6% Q1'26: +49.2% (vs Q1'25)
-
EPS growth Silver: +252.9%+741.9% ★ Q1'26: +129.8% (vs Q1'25)
-
FCF margin FCF growth · Silver: +140.3%+28.5% ★ Q1'26: +34.7% (vs Q1'25)
-
EBIT margin Silver: +30.7%+32.3% ★ Q1'26: +57.6% (vs Q1'25)
-
ROIC Silver: +8.9%+14.2% ★ Q1'26: +28.7% (vs Q1'25)
-
Share dilution Silver: -7.1%+5.0% ★ Q1'26: +16.4% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Silver: -0.18×0.54× ★ Q1'26: 0.27× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 6 Rev. Ana. 4 EPS Ana. |
Dec 2027 7 Rev. Ana. 7 EPS Ana. |
Dec 2028 4 Rev. Ana. 2 EPS Ana. |
Dec 2029 3 Rev. Ana. 1 EPS Ana. |
Dec 2030 3 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
674.69M
est: 943.97M (-28.5%)
|
774.78M
est: 1.03B (-24.5%)
|
816.83M
est: 1.02B (-19.8%)
|
784.50M
est: 1.06B (-25.9%)
|
1.35B
est: 1.69B (-20.1%)
|
1.34B
est: 1.71B (-21.9%)
|
1.63B
est: 2.10B (-22.3%)
|
1.49B
est: 2.05B (-27.2%)
|
2.32B
est: 1.88B (+23.0%)
|
2.82B
est: 2.78B (+1.4%)
|
3.68B
est: 3.56B (+3.4%)
|
5.14B
4.66B – 5.90B
+44.2% YoY
|
5.37B
3.66B – 7.74B
+4.5% YoY
|
4.90B
3.88B – 6.37B
-8.7% YoY
|
2.65B
2.10B – 3.44B
-45.9% YoY
|
2.88B
2.27B – 3.73B
+8.4% YoY
|
| EBITDA |
-70.42M
est: 252.22M (-127.9%)
|
290.30M
est: 274.08M (+5.9%)
|
239.02M
est: 272.09M (-12.2%)
|
204.22M
est: 282.96M (-27.8%)
|
474.26M
est: 451.87M (+5.0%)
|
539.07M
est: 458.15M (+17.7%)
|
554.87M
est: 561.12M (-1.1%)
|
22.07M
est: 548.38M (-96.0%)
|
476.80M
est: 527.28M (-9.6%)
|
1.05B
est: 778.87M (+34.9%)
|
1.72B
est: 997.73M (+72.5%)
|
1.44B
1.30B – 1.65B
+44.2% YoY
|
1.50B
1.03B – 2.17B
+4.5% YoY
|
1.37B
1.09B – 1.78B
-8.7% YoY
|
743.17M
587.74M – 964.91M
-45.9% YoY
|
805.53M
637.06M – 1.05B
+8.4% YoY
|
| EBIT |
-232.12M
est: 59.57M (-489.7%)
|
171.43M
est: 64.73M (+164.8%)
|
116.13M
est: 64.26M (+80.7%)
|
56.93M
est: 66.83M (-14.8%)
|
204.78M
est: 106.72M (+91.9%)
|
261.23M
est: 108.20M (+141.4%)
|
247.18M
est: 132.52M (+86.5%)
|
-295.70M
est: 129.51M (-328.3%)
|
-7.40M
est: 166.83M (-104.4%)
|
479.30M
est: 246.43M (+94.5%)
|
1.19B
est: 315.68M (+276.5%)
|
455.33M
412.63M – 522.56M
+44.2% YoY
|
476.04M
324.65M – 685.78M
+4.5% YoY
|
434.60M
343.70M – 564.27M
-8.7% YoY
|
235.14M
185.96M – 305.29M
-45.9% YoY
|
254.87M
201.56M – 330.91M
+8.4% YoY
|
| Net Income |
-226.65M
est: -133.53M (-69.7%)
|
100.09M
est: 186.08M (-46.2%)
|
120.99M
est: 206.99M (-41.5%)
|
10.29M
est: 161.23M (-93.6%)
|
110.74M
est: 241.51M (-54.1%)
|
177.88M
est: 318.67M (-44.2%)
|
97.43M
est: 304.32M (-68.0%)
|
-340.06M
est: 55.82M (-709.2%)
|
-103.70M
est: -102.76M (-0.9%)
|
111.50M
est: 381.89M (-70.8%)
|
995.12M
est: 907.81M (+9.6%)
|
1.92B
1.67B – 2.17B
+111.7% YoY
|
1.58B
844.59M – 3.63B
-17.8% YoY
|
1.89B
1.67B – 2.11B
+19.6% YoY
|
887.44M
646.15M – 1.23B
-53.0% YoY
|
727.48M
529.69M – 1.01B
-18.0% YoY
|
| SGA |
18.03M
est: 22.50M (-19.9%)
|
23.66M
est: 24.45M (-3.2%)
|
21.40M
est: 24.27M (-11.8%)
|
22.65M
est: 25.24M (-10.3%)
|
31.75M
est: 40.31M (-21.2%)
|
36.38M
est: 40.87M (-11.0%)
|
34.85M
est: 50.05M (-30.4%)
|
28.98M
est: 48.92M (-40.8%)
|
61.40M
est: 46.70M (+31.5%)
|
69.80M
est: 68.99M (+1.2%)
|
118.03M
est: 88.37M (+33.6%)
|
127.47M
115.52M – 146.29M
+44.2% YoY
|
133.27M
90.89M – 191.98M
+4.5% YoY
|
121.67M
96.22M – 157.97M
-8.7% YoY
|
65.83M
52.06M – 85.47M
-45.9% YoY
|
71.35M
56.43M – 92.64M
+8.4% YoY
|
| EPS |
-1.49
est: -0.37 (-305.5%)
|
0.66
est: 0.51 (+28.9%)
|
0.79
est: 0.57 (+38.7%)
|
0.07
est: 0.44 (-84.9%)
|
0.55
est: 0.66 (-17.2%)
|
0.85
est: 0.88 (-3.1%)
|
0.46
est: 0.84 (-45.1%)
|
-1.62
est: 0.15 (-1,148.7%)
|
-0.32
est: -0.28 (-13.5%)
|
0.31
est: 0.79 (-60.7%)
|
2.61
est: 2.24 (+16.5%)
|
4.81
4.38 – 5.70
+114.4% YoY
|
5.47
2.21 – 9.51
+13.7% YoY
|
4.95
4.37 – 5.54
-9.4% YoY
|
2.33
1.69 – 3.23
-53.0% YoY
|
1.91
1.39 – 2.65
-18.0% YoY
|
Recent Grade Changes (3M)
| Date | Firm | Previous | New Grade | Action |
|---|---|---|---|---|
| 2026-04-28 | RBC Capital | Outperform | Outperform | Maintain |
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-07 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-06 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-05 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-04 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-01 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-30 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-29 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-28 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-27 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-24 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-23 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-22 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-21 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-20 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-17 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-16 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-15 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
3.17B
OE per share TTM
7.82
Owner's Yield
9.51%
Maintenance CapEx ratio
123.68%
Maint CapEx / Avg PPE
176.0%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
132.1K
Shares Outstanding
421.35M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Michael Steinmann | President, Chief Executive Officer & Director | 4M | male |
| Christopher Lemon | Chief Legal Officer & General Counsel | 2M | male |
| Scott Campbell | Chief Operating Officer | 2M | male |
| Ignacio Couturier | Chief Financial Officer | 1M | male |
| Sean McAleer | Senior Vice President of Corporate Affairs & Environment | 1M | male |
| Brent G. J. Bergeron | Senior Vice President of Corporate Affairs & Sustainability | — | male |
| Siren Fisekci | Vice President of Investor Relations & Corporate Communications | — | female |
| Christopher Emerson | Senior Vice President of Exploration and Geology | — | male |
| Delaney Fisher | Senior Vice President, Associate General Counsel & Corporate Secretary | — | male |
| Ibtissam Drier | Senior Vice President of Business Development & Human Resources | — | female |
| Martin G. Wafforn | Senior Vice President of Technical Services & Process Optimization | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
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Community Opinion for PAAS.TO
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
