Pan American Silver (PAAS) Stock Price, News & Analysis

Company Overview

Pan American Silver Corp. is a leading primary silver producer headquartered in Vancouver, British Columbia. Listed on the New York Stock Exchange under the ticker PAAS, the company focuses on the exploration, development, mining and processing of silver, as well as gold, zinc and lead. Its integrated operations span the full value chain, from resource discovery through to metal production and marketing, supporting a balanced portfolio of assets designed to deliver robust output of precious and base metals.

The company operates a diverse portfolio of mines and projects across the Americas, with key operations in Mexico, Peru, Bolivia, Argentina and Canada. Major producing mines include La Colorada in Mexico, Huaron and Morococha in Peru, and Manantial Espejo in Argentina, among others. In addition to silver, Pan American Silver recovers by-product gold, zinc and lead, which provide additional revenue streams and help mitigate market volatility. Advanced projects such as the Navidad development in Argentina and Llaguen in Chile illustrate the company’s commitment to expanding its resource base and optimizing mine lifecycles.

Founded in 1994 by mining entrepreneur Ross Beaty, Pan American Silver has grown through strategic acquisitions and organic exploration to become one of the world’s largest primary silver producers. The company’s growth strategy has placed a strong emphasis on disciplined capital allocation, operational excellence and sustainable development. Over the years, Pan American Silver has integrated leading-edge technologies in ore processing, water stewardship and energy efficiency to enhance productivity and reduce environmental impact.

Under the leadership of President and Chief Executive Officer Michael Steinmann and a seasoned management team, Pan American Silver maintains a commitment to responsible mining practices and community engagement. The company strives to foster positive relationships with local stakeholders, advance safety and environmental performance, and uphold rigorous governance standards. Through its diversified asset base, operational resilience and focus on sustainability, Pan American Silver aims to deliver long-term value to shareholders while contributing to the economic development of the regions in which it operates.

Key Stats

• Today's Range: $29.59 to $30.48
• 50-Day Range: $22.61 to $29.37
• 52-Week Range: $17.86 to $30.48
• Volume: 7.48 million shs
• Average Volume: 3.99 million shs
• Market Capitalization: $10.98 billion
• P/E Ratio: 34.86
• Dividend Yield: 1.32%
• Price Target: $30.60
• Consensus Rating: Hold

Pan American Silver Stock Analysis - MarketRank™

Pan American Silver scored higher than 71% of companies evaluated by MarketBeat, and ranked 83rd out of 186 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Pan American Silver has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Pan American Silver has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 39.68%

Earnings Growth

Earnings for Pan American Silver are expected to grow by 39.68% in the coming year, from $1.26 to $1.76 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Pan American Silver is 34.74, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.84.

Price to Earnings Ratio vs. Sector

The P/E ratio of Pan American Silver is 34.74, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 92.38.

Price to Earnings Growth Ratio

Pan American Silver has a PEG Ratio of 0.50. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Pan American Silver has a P/B Ratio of 2.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.96% of the float of Pan American Silver has been sold short.

Short Interest Ratio / Days to Cover

Pan American Silver has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Pan American Silver has recently increased by 34.45%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Pan American Silver pays a meaningful dividend of 1.39%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Pan American Silver has only been increasing its dividend for 2 years.

Dividend Coverage

The dividend payout ratio of Pan American Silver is 45.98%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Pan American Silver will have a dividend payout ratio of 22.73% next year. This indicates that Pan American Silver will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.96% of the float of Pan American Silver has been sold short.

Short Interest Ratio / Days to Cover

Pan American Silver has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Pan American Silver has recently increased by 34.45%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.35

News Sentiment

Pan American Silver has a news sentiment score of 1.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Pan American Silver this week, compared to 7 articles on an average week.

Search Interest

Only 18 people have searched for PAAS on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.

MarketBeat Follows

13 people have added Pan American Silver to their MarketBeat watchlist in the last 30 days. This is an increase of 8% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Pan American Silver insiders have not sold or bought any company stock.

Percentage Held by Insiders

12.88% of the stock of Pan American Silver is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

55.43% of the stock of Pan American Silver is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PAAS Stock Analysis - Frequently Asked Questions

How have PAAS shares performed this year?

Pan American Silver's stock was trading at $20.22 on January 1st, 2025. Since then, PAAS stock has increased by 49.5% and is now trading at $30.2250.

How were Pan American Silver's earnings last quarter?

Pan American Silver Corp. (NYSE:PAAS) released its quarterly earnings results on Wednesday, May, 7th. The basic materials company reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.23. The firm's revenue was up 28.6% compared to the same quarter last year.
Read the conference call transcript.

Who are Pan American Silver's major shareholders?

Top institutional shareholders of Pan American Silver include Perpetual Ltd (0.10%) and Wealth Enhancement Advisory Services LLC (0.01%).

How do I buy shares of Pan American Silver?

Shares of PAAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Pan American Silver own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Pan American Silver investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), AU Optronics (AUOTY), DiamondRock Hospitality (DRH), Marinus Pharmaceuticals (MRNS) and The RMR Group (RMR).

Company Calendar

• Last Earnings: 5/07/2025
• Record date for 6/2 Dividend: 5/20/2025
• Ex-Dividend for 6/2 Dividend: 5/20/2025
• Dividend Payable: 6/02/2025
• Today: 7/11/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: MINING - SILVER
• Sub-Industry: Precious Metals
• Current Symbol: NYSE:PAAS
• CIK: 771992
• Web: www.panamericansilver.com
• Phone: (604) 684-1175
• Fax: 604-684-0147
• Employees: 9,000
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Pan American Silver: $30.60
• High Price Target: $42.00
• Low Price Target: $23.00
• Potential Upside/Downside: +2.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.87
• Trailing P/E Ratio: 34.35
• Forward P/E Ratio: 23.72
• P/E Growth: 0.5
• Net Income: $111.50 million
• Net Margins: 10.45%
• Pretax Margin: 21.47%
• Return on Equity: 9.25%
• Return on Assets: 6.08%

Debt

• Debt-to-Equity Ratio: 0.16
• Current Ratio: 2.93
• Quick Ratio: 1.94

Sales & Book Value

• Annual Sales: $2.82 billion
• Price / Sales: 3.84
• Cash Flow: $2.45 per share
• Price / Cash Flow: 12.19
• Book Value: $12.99 per share
• Price / Book: 2.30

Miscellaneous

• Outstanding Shares: 361,920,000
• Free Float: 315,301,000
• Market Cap: $10.82 billion
• Optionable: Optionable
• Beta: 0.67