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    Pan American Silver Corp. (PAAS)

    Official site

    BASIC MATERIALS • GOLD • NYSE

    $43.72
    +1.39 (+3.28%)

    Market Cap: $17.55B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    49%(19/39)
    Avg Surprise
    +64.57%

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.87
    Range$0.56 - $1.56
    5 analysts
    EPS RevisionsNo revisions (7d)
    0
    4
    30d
    EPS Estimate DriftChange to current
    90d ago$1.02-14.9%
    60d ago$1.02-15.0%
    30d ago$0.93-6.9%
    7d ago$0.89-2.0%
    Current$0.87
    Revenue Consensus
    $1.4B
    Range$1.4B - $1.4B
    1 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.83
    Range$0.35 - $2.36
    10 analysts
    Revenue Consensus
    $732M
    Range$581M - $916M
    5 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.83---
    Sep 26EST
    		-$0.87---
    Jun 26
    Reported Aug 12
    		$0.73$0.84-13.10%Miss+69.8%
    Mar 26
    Reported May 5
    		$1.09$0.96+13.39%Beat+159.5%
    Dec 25
    Reported Feb 18
    		$1.11$0.90+23.33%Beat+217.1%
    Sep 25
    Reported Nov 12
    		$0.48$0.49-2.04%Miss+9.1%
    Jun 25
    Reported Aug 6
    		$0.43$0.40+7.50%Beat+290.9%
    Mar 25
    Reported May 7
    		$0.42$0.21+100.00%Beat+4100.0%
    Dec 24
    Reported Feb 19
    		$0.35$0.35-1.35%Miss+975.0%
    Sep 24
    Reported Nov 5
    		$0.44$0.20+120.00%Beat+4300.0%
    Jun 24
    Reported Aug 7
    		$0.11$0.15-26.67%Miss+175.0%
    Mar 24
    Reported May 8
    		$0.01N/A+116.67%Beat-90.0%
    Dec 23
    Reported Feb 21
    		$-0.04N/A-140.00%Miss-100.0%
    Sep 23
    Reported Nov 7
    		$0.01N/A-80.00%Miss+200.0%
    Jun 23
    Reported Aug 9
    		$0.04$0.07-42.86%Miss+233.3%
    Mar 23
    Reported May 10
    		$0.10$-0.01+1100.00%Beat-33.3%
    Dec 22
    Reported Feb 22
    		$-0.02N/A-140.00%Miss-110.5%
    Sep 22
    Reported Nov 9
    		$-0.01N/A+83.33%Beat-105.6%
    Jun 22
    Reported Aug 10
    		$-0.03N/A-121.43%Miss-113.6%
    Mar 22
    Reported May 11
    		$0.15$0.22-31.82%Miss-16.7%
    Dec 21
    Reported Feb 23
    		$0.19$0.28-32.14%Miss-66.7%
    Sep 21
    Reported Nov 9
    		$0.18$0.34-47.06%Miss-47.1%
    Jun 21
    Reported Aug 10
    		$0.22$0.33-33.33%Miss-21.4%
    Mar 21
    Reported May 12
    		$0.18$0.29-37.93%Miss+550.0%
    Dec 20
    Reported Feb 17
    		$0.57$0.40+42.50%Beat+72.7%
    Sep 20
    Reported Nov 4
    		$0.34$0.36-5.56%Miss-2.9%
    Jun 20
    Reported Aug 5
    		$0.28$0.02+1300.00%Beat+600.0%
    Mar 20
    Reported May 6
    		$-0.04N/A-130.77%Miss-180.0%
    Dec 19
    Reported Feb 19
    		$0.33$0.24+37.50%Beat+3400.0%
    Sep 19
    Reported Nov 6
    		$0.35$0.12+191.67%Beat+1266.7%
    Jun 19
    Reported Aug 7
    		$0.04$0.04+0.00%Beat-82.6%
    Mar 19
    Reported May 8
    		$0.05$0.01+400.00%Beat-75.0%
    Dec 18
    Reported Feb 20
    		$-0.01N/A-125.00%Miss-108.3%
    Sep 18
    Reported Nov 6
    		$-0.03$0.06-150.00%Miss-120.0%
    Jun 18
    Reported Aug 8
    		$0.23$0.14+64.29%Beat+53.3%
    Mar 18
    Reported May 9
    		$0.20$0.15+33.33%Beat+233.3%
    Dec 17
    Reported Feb 20
    		$0.12$0.18-33.33%Miss-33.3%
    Sep 17
    Reported Nov 8
    		$0.15$0.14+7.14%Beat-
    Jun 17
    Reported Aug 9
    		$0.15$0.09+66.67%Beat-
    Mar 17
    Reported May 9
    		$0.06$0.09-33.33%Miss-
    Dec 16
    Reported Feb 15
    		$0.18$0.13+38.46%Beat-

    Dividends

    Dividend Metrics

    Forward Yield1.68%
    Forward Annual Dividend$0.74
    Payout Ratio20.83%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+0.74%
    5Y CAGR+15.90%
    PAAS dividend history and ex-dividend datesRun PAAS in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio12.82EV/EBITDA7.30x
    Price/FCF11.97xFCF Yield8.35%
    Profitability
    Profit Margin32.00%Operating Margin37.80%
    ROE22.40%ROIC17.03%
    Financial Health
    Debt/Equity0.10xInterest Coverage28.35x
    Current Ratio2.94xQuick Ratio2.23x
    Trading Statistics
    Beta1.58Avg Volume3.24M
    52-Week High$69.3452-Week Low$32.65

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$44.90
    SMA 20$46.23
    SMA 50$48.95
    SMA 200$52.24
    EMA 10$44.82
    EMA 20$45.98
    EMA 50$47.47
    EMA 200$48.07

    MACD

    Line: -1.40Signal: -1.19Hist: -0.20

    ADX

    ADX: 18.9+DI: 17.8-DI: 32.9

    Aroon & PSAR

    Aroon Up4.0
    Aroon Down96.0
    PSAR$46.19

    Bollinger Bands

    Upper Band$50.41
    Lower Band$42.05
    %B Position1809%(Upper)
    Band Width0.20

    RSI (14-Day)

    Neutral
    40.5

    Momentum Oscillators

    Stoch %K21.4
    Stoch %D23.4
    Williams %R-61.8
    ROC (10d)-2.8%
    Momentum-1.26
    CCI (20d)-121.3
    MFI (14d)42.4

    Volatility Measures

    ATR (14d)$1.75(4.0%)
    StdDev (20d)2.09
    Hist Vol43.7%(High)

    Volume Flow

    VWAP$43.32
    OBV163.5M
    AD Line-429.5M
    CMF (20d)0.091

    Volume Metrics

    Avg Vol (20d)3.3M
    Vol Ratio1.4x
    VWMA (20d)$46.10

    Pivot Points

    R3$45.19
    R2$44.40
    R1$43.36
    Pivot Point$42.57
    S1$41.53
    S2$40.74
    S3$39.70

    Advanced Oscillators

    TSI-17.81
    Ultimate Osc45.1
    KST-97.98

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$1.10B$1.15B$1.20B$854.60M$811.90M$773.20M$815.10M$716.10M$686.30M$601.40M$669.60M$616.30M
    Cost of Revenue$664.68M$546.00M$632.17M$541.60M$538.60M$522.40M$630.20M$540.40M$569.40M$530.40M$582.50M$573.80M
    Gross Profit$430.78M$608.00M$565.26M$313.00M$273.30M$250.80M$184.90M$175.70M$116.90M$71.00M$87.10M$42.50M
    Operating Expenses$24.37M$48.00M$96.26M$63.30M$29.40M$22.60M$-69,700,000$23.80M$27.50M$36.20M$91.70M$-1,600,000
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$18.00M$39.00M$38.50M$31.40M$21.60M$24.50M$6.30M$17.40M$23.70M$22.40M$18.50M$15.00M
    Operating Income$406.41M$560.00M$469.00M$249.70M$243.90M$228.20M$254.60M$151.90M$89.40M$34.80M$-4,600,000$44.10M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$12.67M$24.00M$16.14M$14.20M$14.74M$12.96M$14.77M$13.00M$12.80M$12.44M$16.75M$17.57M
    Income Before Tax$471.71M$641.00M$548.91M$249.10M$234.40M$213.90M$226.00M$130.40M$71.70M$3.60M$-25,800,000$8.30M
    Income Tax Expense$174.45M$185.00M$90.06M$79.90M$44.80M$44.60M$118.20M$73.30M$93.10M$34.40M$25.50M$28.90M
    Net Income$296.28M$457.00M$458.44M$168.60M$189.20M$168.70M$107.60M$57.16M$-21,895,483$-30,900,000$-51,500,000$-19,700,000
    EBITDA$532.14M$778.00M$708.22M$383.80M$368.70M$345.00M$427.00M$272.50M$211.90M$139.60M$108.70M$162.50M
    EBIT$406.41M$665.00M$565.05M$263.30M$246.30M$225.60M$238.30M$142.30M$83.50M$15.20M$-12,600,000$25.20M
    * Some calculated fields are derived from available data when not provided by source

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    News

    RBC keeps USD 56.00 target for Pan American Silver stock

    RBC has maintained its USD 56.00 price target and a Buy rating for Pan American Silver stock, implying a 28.68% upside from its current NYSE price. The broader analyst consensus, based on ratings from ten analysts...

    ad-hoc-news.de•10/15/26•Somewhat-Bullish

    Q4 2025 Pan American Silver Corp Earnings Call Transcript

    Pan American Silver Corp reported record financial results for Q4 and the full year 2025, with net earnings of $452 million and $980 million respectively. The company exceeded silver production guidance and met gold...

    GuruFocus•10/10/26•Bullish

    Pan American Silver Sets Date for Q3 2026 Results and Investor Call

    Pan American Silver (TSE:PAAS) will release its unaudited financial results for the third quarter of 2026 after markets close on November 4, followed by a conference call and webcast on November 5. The company...

    The Globe and Mail•10/8/26•Somewhat-Bullish

    Pan American Silver announces board retirement. Pan American Silver stock gains 1.21 percent

    Pan American Silver announced that Charles Jeannes will retire from its board of directors effective October 31, 2026. The company's stock gained 1.21 percent, trading at EUR 40.23 at Lang & Schwarz on October 8...

    AD HOC NEWS•10/8/26•Somewhat-Bullish

    Q3 results come after market close Nov. 4; Pan American Silver plans a call the next morning.

    Pan American Silver (PAAS) announced it will release its third-quarter 2026 unaudited financial results after market close on November 4, 2026. The company will then host a conference call and webcast on November 5...

    Stock Titan•10/8/26•Neutral

    PAAS Valuation and Fair Value

    P/E
    12.8x
    Forward P/E
    12.4x
    EV/EBITDA
    7.3x
    P/FCF
    12.0x
    PEG
    7.0x
    P/B
    2.5x
    See GNG's fair value

    PAAS Profitability: Margins, ROIC and FCF

    Gross margin
    44.6%
    Operating margin
    37.8%
    Net margin
    32.0%
    ROIC
    17.0%
    ROE
    22.4%
    FCF margin
    35.7%
    FCF yield
    8.4%

    PAAS Competitors

    CompanyTicker
    Sociedad Quimica y Minera de Chile SA ADR BSQM
    Dupont De Nemours IncDD
    CF Industries Holdings IncCF
    POSCO Holdings IncPKX
    Royal Gold IncRGLD
    Coeur Mining IncCDE
    LyondellBasell Industries NVLYB
    James Hardie Industries PLC ADRJHX

    Sector: Basic Materials

    PAAS Analyst Ratings

    Consensus
    Buy
    Analysts
    9
    Strong Buy
    3
    Buy
    4
    Hold
    2
    Sell
    0
    Strong Sell
    0

    PAAS Bull Case vs Bear Case

    Bull case

    • PAAS earns a 17.0% return on invested capital.
    • PAAS converts 35.7% of revenue into free cash flow.
    • PAAS has a 32.0% net profit margin.

    PAAS Earnings: Beat Rate and Next Report

    Beat rate
    5 of 8 quarters (62.5%)
    Average surprise
    31.0%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.87
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 4 down

    PAAS Dividend

    Forward yield
    1.7%
    Payout ratio
    20.8%
    3Y DPS growth
    0.7%
    5Y DPS growth
    15.9%
    Pay months
    Mar, Jun, Sep, Dec
    PAAS dividend history

    Frequently Asked Questions About PAAS

    What is PAAS's current dividend yield?

    Pan American Silver Corp. (PAAS) has a forward dividend yield of 1.68%.

    Does PAAS pay dividends?

    Yes, Pan American Silver Corp. pays dividends with a forward dividend yield of 1.68%.

    What is PAAS's P/E ratio?

    Pan American Silver Corp. has a price-to-earnings (P/E) ratio of 12.82.

    What is PAAS's market cap?

    Pan American Silver Corp. (PAAS) has a market capitalization of $17.55B with a current stock price of $43.72.

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