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

$15.43
-0.74 (-4.58%)
(As of 09/21/2023 ET)
Compare
Today's Range
$15.43
$15.83
50-Day Range
$15.03
$16.88
52-Week Range
$13.40
$19.84
Volume
3.15 million shs
Average Volume
3.92 million shs
Market Capitalization
$3.25 billion
P/E Ratio
N/A
Dividend Yield
2.59%
Price Target
$29.75

Pan American Silver MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
92.8% Upside
$29.75 Price Target
Short Interest
Bearish
9.43% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
108.89%
From $0.45 to $0.94 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.37 out of 5 stars

Basic Materials Sector

61st out of 167 stocks

Gold & Silver Ores Industry

8th out of 35 stocks


PAAS stock logo

About Pan American Silver (NYSE:PAAS) Stock

Pan American Silver Corp. is a prominent precious metals mining company committed to responsible mining practices. Established in 1994 and headquartered in Vancouver, Canada, the company's mission is to create value through sustainable silver and gold production while maintaining a strong focus on environmental stewardship and community engagement.

As a leading primary silver producer, Pan American Silver operates seven mines across the Americas, including Mexico, Peru, Bolivia, and Argentina. The company's diversified portfolio allows it to capitalize on opportunities in different regions, mitigating risks associated with political and economic uncertainties. Additionally, Pan American Silver holds a robust project pipeline that includes both greenfield and brownfield exploration opportunities.

The company's products consist of silver and gold concentrates sold to smelters and refiners worldwide. Pan American Silver's customer base comprises traditional industrial users and investment-oriented buyers seeking exposure to precious metals.

Pan American Silver has a proven track record of excellence in the mining industry, with numerous key achievements and milestones. The company has been recognized for its commitment to sustainability and received several awards, including the Mining Association of Canada's Towards Sustainable Mining Leadership Award and the PDAC Environmental and Social Responsibility Award.

Under the leadership of Michael Steinmann, President and Chief Executive Officer, Pan American Silver boasts a seasoned management team with extensive industry experience. Mr. Steinmann has been with the company since 2004, previously serving as Chief Operating Officer and Executive Vice President. His expertise in operational efficiency and strategic planning has been instrumental in driving the company's growth.

Pan American Silver has demonstrated good financial performance over the past few years compared to industry peers. The company's financial strength is further shown by its healthy profit margins. Pan American Silver achieved a more substantial gross margin than many of its industry peers. Furthermore, the company has maintained a strong balance sheet with manageable debt levels, but its cash position needs to be adjusted to support ongoing operations and growth initiatives.

Pan American Silver's valuation metrics reflect its strong performance and growth potential. The company's price-to-earnings compares favorably to the industry average. This suggests that the market recognizes the company's solid financial performance and growth prospects.

The factors driving Pan American Silver's valuation include its status as a leading silver producer, diversified asset base, and commitment to sustainable mining practices. The growing demand for silver and gold, driven by various industries and investment demand, positions the company well for continued success. Recent investor sentiment has been positive, reflecting optimism about the company's ability to capitalize on the prevailing precious metals market dynamics.

Pan American Silver operates in the precious metals mining industry, which is crucial in global economic stability and various sectors. The industry is subject to macroeconomic factors, such as fluctuations in commodity prices, supply and demand dynamics, and geopolitical uncertainties.

As a primary silver producer, Pan American Silver benefits from the growing demand for silver across the electronics, photovoltaics, and jewelry industries. Silver's use as a safe-haven asset and its appeal as an investment vehicle also contribute to the metal's sustained demand.

Pan American Silver faces other primary silver producers and gold mining companies that produce silver as a byproduct. The company's strategic advantage lies in its strong operational capabilities, diversified asset base, and commitment to sustainable mining practices, differentiating it from its peers. Pan American Silver's extensive experience in the Americas provides a competitive edge, as it has developed strong relationships with local communities and governments.

While the industry presents significant growth opportunities, it has challenges. Regulatory and environmental compliance, community relations, and the availability of skilled labor are some of the key challenges mining companies face. Pan American Silver's proactive approach to addressing these challenges through sustainable practices and community engagement positions it well to navigate these hurdles successfully.

Pan American Silver has identified several growth opportunities to drive its future success. The company focuses on organic growth by exploring and developing its existing assets. Ongoing investments in exploration programs aim to expand mineral resources and extend mine lives, ensuring long-term sustainability.

Pan American Silver actively evaluates strategic acquisitions that align with its growth strategy and enhance its asset portfolio. The company aims to strengthen its position as a leading primary silver producer by acquiring assets with potential upside and complementary geographies.

In addition to organic growth and acquisitions, Pan American Silver continuously seeks opportunities to optimize its operations and improve efficiency. Implementing advanced technologies, innovative mining practices, and cost management initiatives further contribute to the company's growth trajectory.

While Pan American Silver has demonstrated resilience and agility in navigating the industry's challenges, it is crucial to consider potential risks that may impact the company's performance. Fluctuations in commodity prices, particularly silver and gold, can affect the company's revenue and profitability. Changes in global economic conditions, trade policies, and geopolitical events may also impact the demand and pricing of precious metals.

The mining industry is subject to environmental and regulatory risks. Adherence to strict environmental standards, obtaining permits, and managing community relations are ongoing challenges that require careful attention. Pan American Silver's commitment to sustainability and its proactive approach to risk management help mitigate these challenges.

PAAS Price History

PAAS Stock News Headlines

Pan American Silver (NYSE:PAAS) Stock Price Up 3.9%
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
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RBC Capital Remains a Buy on Pan American Silver (PAAS)
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
15 Best Gold Mining Stocks To Buy Now
Pan American Silver Corp (PAAS)
PAAS Pan American Silver Corp.
Pan American Silver: A Bigger Company Now
See More Headlines
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PAAS Company Calendar

Last Earnings
8/10/2023
Ex-Dividend for 9/1 Dividend
8/18/2023
Dividend Payable
9/01/2023
Today
9/21/2023
Next Earnings (Estimated)
11/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Gold & silver ores
Sub-Industry
N/A
Employees
6,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$29.75
High Stock Price Forecast
$48.00
Low Stock Price Forecast
$22.00
Forecasted Upside/Downside
+90.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-341,750,000.00
Pretax Margin
-14.84%

Debt

Sales & Book Value

Annual Sales
$1.49 billion
Cash Flow
$1.53 per share
Book Value
$10.45 per share

Miscellaneous

Free Float
183,545,000
Market Cap
$3.29 billion
Optionable
Optionable
Beta
1.22
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Key Executives

  • Mr. Michael Steinmann P.GEO (Age 57)
    P.Geo., Ph.D., Pres, CEO & Director
    Comp: $1.68M
  • Mr. Ignacio Couturier
    Chief Financial Officer
  • Mr. Steven Luis Busby (Age 63)
    Chief Operating Officer
    Comp: $759.39k
  • Mr. Christopher Lemon
    Chief Legal and HR Officer & Gen. Counsel
  • Mr. Martin G. Wafforn P.Eng. (Age 63)
    Sr. VP of Technical Services & Process Optimization
  • Ms. Siren Fisekci
    VP of Investor Relations
  • Mr. George Greer
    Sr. VP of Project Devel.
  • Mr. Sean McAleer
    Sr. VP of Strategic Initiatives
  • Mr. Cameron Paterson
    Sr. VP of Fin. & IT
  • Mr. Brent G. J. Bergeron
    Sr. VP of Corp. Affairs & Sustainability













PAAS Stock - Frequently Asked Questions

Should I buy or sell Pan American Silver stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pan American Silver in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PAAS shares.
View PAAS analyst ratings
or view top-rated stocks.

What is Pan American Silver's stock price forecast for 2023?

4 brokerages have issued 1 year price targets for Pan American Silver's shares. Their PAAS share price forecasts range from $22.00 to $48.00. On average, they anticipate the company's share price to reach $29.75 in the next twelve months. This suggests a possible upside of 90.3% from the stock's current price.
View analysts price targets for PAAS
or view top-rated stocks among Wall Street analysts.

How have PAAS shares performed in 2023?

Pan American Silver's stock was trading at $16.34 at the start of the year. Since then, PAAS shares have decreased by 4.3% and is now trading at $15.63.
View the best growth stocks for 2023 here
.

Are investors shorting Pan American Silver?

Pan American Silver saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 19,860,000 shares, an increase of 21.9% from the August 15th total of 16,290,000 shares. Based on an average daily volume of 3,150,000 shares, the short-interest ratio is currently 6.3 days.
View Pan American Silver's Short Interest
.

When is Pan American Silver's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our PAAS earnings forecast
.

How were Pan American Silver's earnings last quarter?

Pan American Silver Corp. (NYSE:PAAS) posted its quarterly earnings data on Thursday, August, 10th. The basic materials company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.08 by $0.04. The basic materials company earned $639.90 million during the quarter, compared to analysts' expectations of $642.16 million. Pan American Silver had a negative net margin of 15.77% and a positive trailing twelve-month return on equity of 0.73%. The firm's revenue for the quarter was up 87.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.03) earnings per share.

How often does Pan American Silver pay dividends? What is the dividend yield for Pan American Silver?

Pan American Silver declared a quarterly dividend on Wednesday, August 9th. Investors of record on Monday, August 21st will be given a dividend of $0.10 per share on Friday, September 1st. This represents a $0.40 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date is Friday, August 18th.
Read our dividend analysis for PAAS
.

Is Pan American Silver a good dividend stock?

Pan American Silver (NYSE:PAAS) pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.47%.
Read our dividend analysis for PAAS.

What is Pan American Silver's stock symbol?

Pan American Silver trades on the New York Stock Exchange (NYSE) under the ticker symbol "PAAS."

Who are Pan American Silver's major shareholders?

Pan American Silver's stock is owned by a number of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (18.13%), BlackRock Inc. (5.03%), Mirae Asset Global Investments Co. Ltd. (3.78%), Royal Bank of Canada (1.98%), Goldman Sachs Group Inc. (1.67%) and Nuveen Asset Management LLC (1.50%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Pan American Silver's stock price today?

One share of PAAS stock can currently be purchased for approximately $15.63.

How much money does Pan American Silver make?

Pan American Silver (NYSE:PAAS) has a market capitalization of $3.29 billion and generates $1.49 billion in revenue each year. The basic materials company earns $-341,750,000.00 in net income (profit) each year or ($1.21) on an earnings per share basis.

How many employees does Pan American Silver have?

The company employs 6,200 workers across the globe.

How can I contact Pan American Silver?

Pan American Silver's mailing address is 625 Howe Street Suite 1440, Vancouver A1, V6C 2T6. The official website for the company is www.panamericansilver.com. The basic materials company can be reached via phone at (604) 684-1175, via email at ir@panamericansilver.com, or via fax at 604-684-0147.

This page (NYSE:PAAS) was last updated on 9/21/2023 by MarketBeat.com Staff

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