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StockVS

NYSE · Gold · USD

Pan American Silver Corp. (PAAS) Stock Analysis

Pan American Silver Corp. (PAAS) is a Gold stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

PAAS

$43.65

−$0.64 (−1.45%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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PAAS Key Statistics

As of Oct 21, 2026
Trading
Open
$44.49
Previous Close
$44.29
Day's Range
42.95–44.64
52-Week Range
33.08–69.99
Volume
5.21M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.59
Valuation
Market Cap
$18.10B
P/E Ratio
12.91
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
10.18
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
7.02
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
4.20
EPS (ttm)Profit attributable to each share over the last twelve months.
3.38
Financials (FY)
Revenue (FY)
$3.62B+28.38%
Net Income (FY)
$978.00M+773.21%
Profit marginThe share of revenue left as profit after all costs and taxes.
32.03%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
414.62M
1-Year Return
+23.89%
Dividend and dates
Dividend
$0.74+1.66%
Ex-Dividend Date
August 24, 2026
Earnings Date
November 4, 2026
Avg Volume
4.03M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, PAAS closed at $43.65, +23.89% over 1 year.

Pan American Silver Corp. (PAAS) has a market capitalization of $18.10B.

In fiscal 2025, PAAS reported revenue of $3.62B.

PAAS Stock Return by Calendar Year

Pan American Silver Corp. (PAAS) 10-year return: what $10,000 became

1 year
$10,000 $12,389
+23.89%
5 years
$10,000 $18,530
+85.30%
10 years
$10,000 $29,492
+194.92%

If you had invested $10,000 in Pan American Silver Corp. (PAAS) 10 years ago, at the close on October 21, 2016, it would have been worth $29,492 at the close on October 21, 2026: +194.92% in total, +11.42% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−15.25%
2025+158.43%
2024+26.64%
2023+2.50%
2022−33.00%
2021−26.78%
2020+46.88%
2019+63.86%
2018−5.30%
2017+3.85%
2016 (partial year)−22.61%

As of October 21, 2026.

PAAS Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$3.62B$978.00M27.0%
2024$2.82B$112.00M4.0%
2023$2.32B−$103.70M−4.5%
2022$1.49B−$341.70M−22.9%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$3.62B$1.41B$1.14B$978.00M27.0%
2024$2.82B$549.00M$350.00M$112.00M4.0%
2023$2.32B$296.80M$82.70M−$103.70M−4.5%
2022$1.49B$48.40M−$66.30M−$341.70M−22.9%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

PAAS Dividend History

$0.20−50.0% vs 2024

Dividends per share, 2025 · 2 payments

YearDividends per sharePaymentsChange
2026*$0.543—
2025$0.202−50.0%
2024$0.404+0.0%
2023$0.404−11.1%
YearDividends per sharePaymentsChange
2026 (partial year)$0.543—
2025$0.202−50.0%
2024$0.404+0.0%
2023$0.404−11.1%
2022$0.454+32.4%
2021$0.344+54.5%
2020$0.224+57.1%
2019$0.144+0.0%
2018$0.144+40.0%
2017$0.104+669.2%
2016$0.011—

Most recent payment: $0.18 per share, ex-dividend August 24, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

PAAS Valuation vs Gold Median

Median of 93 stocks
MetricPAASGold medianvs median
P/E12.9112.325% above
P/S ratio4.204.568% below
Profit margin32.03%31.40%0.6 pts above

Medians across 93 Gold stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Pan American Silver Corp. (PAAS) is capitalised at $18.10B on the latest close. It is classified in the Gold industry, within the Basic Materials sector. Headcount on file is 9,348.

The most recent close on file for PAAS is $43.65, dated October 21, 2026. That is −$0.64 (−1.45%) against the previous close. Over the past 52 weeks the price has ranged from $33.08 to $69.99. The latest close sits 31.95% above that 52-week low.

Financial Health

In fiscal 2025, Pan American Silver Corp. reported revenue of $3.62B. Against the prior fiscal year total of $2.82B, that is a change of +28.38%. The same year closed with net income of $978.00M. That is +773.21% against the prior fiscal year. Profit margin runs at 32.03%. That is 0.6 percentage points above the Gold median of 31.4%. Trailing earnings per share are 3.38.

Across the 4 fiscal years on file, revenue moves from $1.49B in 2022 to $3.62B in 2025. Of those 4 years, 2 report positive net income.

Valuation Assessment

PAAS trades at a trailing price-to-earnings ratio of 12.91. That is 4.83% above the Gold median of 12.32. The forward P/E on file is 10.18. The PEG ratio, which sets the P/E against expected earnings growth, reads 7.02. The price-to-sales ratio is 4.2. On price-to-sales that is 7.95% below the Gold median of 4.56. The medians here are taken across 93 Gold companies that report the metric.

Beta against the wider market is reported at 1.59. Annualized volatility over the trailing 10 years is 49.55%. The trailing one-year total return is +23.89%. Measured over 10 years, that is +11.42% a year compounded.

Growth & Income

The trailing dividend yield is 1.66%. That is 0.6 percentage points above the Gold median yield of 1.05%. The indicated annual rate is $0.74 a share. The ex-dividend date on file is August 24, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $0.54 a share. The year before, 2025, totalled $0.20 a share.

Across the complete calendar years on file, 2025 returned +158.43% and 2022 returned −33.00%. Of the 9 complete calendar years on file, 6 finished higher. 2026 is still running; the total return is −15.25% year to date.

Peer Comparison

Pan American Silver Corp. (PAAS) operates in the Gold industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Pan American Silver Corp. PAAS $18.10B 12.9
Newmont Corporation NEM $123.47B 14.8
Agnico Eagle Mines Limited AEM $94.87B 16.0
Barrick Mining Corporation ABX.TO CA$94.18B 10.7

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Gold industry average P/E ratio is 12.3x. Pan American Silver Corp. trades at a P/E of 12.9.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Pan American Silver Corp.

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. It explores silver, gold, zinc, lead, and copper deposits. 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.

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