Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT - About
PAAS 
Pan American Silver Corp. (PAAS)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/28/2025: PAAS (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
9 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $36.81
1 Year Target Price $36.81
| 3 | Strong Buy |
| 3 | Buy |
| 3 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -22.05% | Avg. Invested days 28 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 11.91B USD | Price to earnings Ratio 22.71 | 1Y Target Price 36.81 |
Price to earnings Ratio 22.71 | 1Y Target Price 36.81 | ||
Volume (30-day avg) 9 | Beta 0.75 | 52 Weeks Range 18.19 - 33.99 | Updated Date 08/29/2025 |
52 Weeks Range 18.19 - 33.99 | Updated Date 08/29/2025 | ||
Dividends yield (FY) 1.21% | Basic EPS (TTM) 1.45 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-08-06 | When - | Estimate 0.4 | Actual 0.43 |
Profitability
Profit Margin 16.76% | Operating Margin (TTM) 29.75% |
Management Effectiveness
Return on Assets (TTM) 6.28% | Return on Equity (TTM) 10.92% |
Valuation
Trailing PE 22.71 | Forward PE 17.61 | Enterprise Value 11562471218 | Price to Sales(TTM) 3.82 |
Enterprise Value 11562471218 | Price to Sales(TTM) 3.82 | ||
Enterprise Value to Revenue 3.71 | Enterprise Value to EBITDA 8.18 | Shares Outstanding 361776000 | Shares Floating 361229977 |
Shares Outstanding 361776000 | Shares Floating 361229977 | ||
Percent Insiders 0.07 | Percent Institutions 64.32 |
Upturn AI SWOT
Pan American Silver Corp.
Company Overview
History and Background
Pan American Silver Corp. was founded in 1994. It is one of the world's largest primary silver producers, with a history of acquiring and developing silver mines across the Americas. It has grown through organic growth and strategic acquisitions to become a major player in the silver mining industry.
Core Business Areas
- Silver Mining: Pan American Silver's core business is the exploration, development, extraction, processing, and refining of silver from its mines.
- Gold Mining: While primarily focused on silver, Pan American Silver also produces gold as a byproduct or from gold-focused mines within its portfolio.
- Base Metals Production: In addition to silver and gold, some of the company's mines produce base metals such as zinc, lead, and copper as byproducts.
Leadership and Structure
Michael Steinmann is the President and CEO. The company operates with a management team overseeing various departments, including operations, finance, exploration, and sustainability, reporting to a board of directors.
Top Products and Market Share
Key Offerings
- Silver: Silver production is the company's primary revenue driver. While specific market share data fluctuates, Pan American Silver is among the top global silver producers. Competitors include Fresnillo, Hochschild Mining, and Wheaton Precious Metals. Revenue generated from silver varies year to year based on production volume and silver prices.
- Gold: Gold is produced as a byproduct or from gold-focused mines, contributing to the company's overall revenue. Specific market share data is not readily available for Pan American's gold production alone, given its relatively smaller contribution compared to its silver production. Competitors are general gold mining companies.
- Zinc, Lead, Copper: These base metals are produced in smaller quantities as byproducts. Revenue contribution is less than silver and gold.
Market Dynamics
Industry Overview
The silver mining industry is influenced by global silver demand, driven by industrial applications, investment demand, and jewelry fabrication. Prices are subject to macroeconomic factors, including interest rates, inflation, and economic growth. The industry faces challenges related to environmental regulations, community relations, and geopolitical risks.
Positioning
Pan American Silver is positioned as a major primary silver producer with a diversified portfolio of mines across the Americas. Its competitive advantages include its extensive experience, strong operational capabilities, and a focus on responsible mining practices.
Total Addressable Market (TAM)
The global silver market is expected to reach hundreds of billions of dollars. Pan American Silver holds a single-digit percentage market share of global primary silver production. Their ability to scale and discover new assets within the silver market will drive continued growth within their TAM.
Upturn SWOT Analysis
Strengths
- Large silver reserves and resources
- Diversified portfolio of mines across the Americas
- Experienced management team
- Strong operational capabilities
- Focus on responsible mining practices
Weaknesses
- Exposure to commodity price volatility
- Operational risks associated with mining
- Political and regulatory risks in some operating regions
- Dependence on silver prices.
Opportunities
- Increasing demand for silver in industrial applications and investment
- Potential for exploration and expansion of existing mines
- Acquisition of new silver mining projects
- Technological advancements in mining processes
Threats
- Fluctuations in silver prices
- Increased environmental regulations
- Geopolitical instability in operating regions
- Competition from other silver mining companies
Competitors and Market Share
Key Competitors
- HLXGF
- FRES.L
- CDE
Competitive Landscape
Pan American Silver's advantages include its large silver reserves and diversified portfolio. Disadvantages include exposure to commodity price volatility and operational risks.
Major Acquisitions
Yamana Gold Inc.
- Year: 2023
- Acquisition Price (USD millions): 1000
- Strategic Rationale: The acquisition increased Pan American's presence in South America.
Growth Trajectory and Initiatives
Historical Growth: Pan American Silver has grown through acquisitions and organic growth. Recent growth is tied to silver prices and production volumes.
Future Projections: Analyst estimates project continued growth, driven by increasing silver demand and potential production increases.
Recent Initiatives: Recent initiatives include exploration programs, mine expansions, and sustainability efforts.
Summary
Pan American Silver Corp. is a major player in the silver mining industry, benefiting from a diversified asset base. It faces challenges like price volatility and geopolitical risks. Recent initiatives focus on expanding operations and improving sustainability. Growth is dependent on silver prices, but future projections indicate positive potential due to increasing demand. The Yamana Gold acquisition in 2023 significantly expanded their global presence.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Analyst Estimates
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Market conditions and company performance are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Pan American Silver Corp.
Exchange NYSE | Headquaters Vancouver, BC, Canada | ||
IPO Launch date 1995-06-12 | President, CEO & Director Mr. Michael Steinmann P.Geo., Ph.D. | ||
Sector Basic Materials | Industry Gold | Full time employees 9000 | |
Full time employees 9000 | |||
Pan American Silver Corp. engages in the exploration, mine development, extraction, processing, refining, and reclamation of mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil. It explores for 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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.