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Basic Materials - Silver - NASDAQ - CA
$ 21.87
1.77 %
$ 7.92 B
Market Cap
70.55
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PAAS stock under the worst case scenario is HIDDEN Compared to the current market price of 21.9 USD, Pan American Silver Corp. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PAAS stock under the base case scenario is HIDDEN Compared to the current market price of 21.9 USD, Pan American Silver Corp. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PAAS stock under the best case scenario is HIDDEN Compared to the current market price of 21.9 USD, Pan American Silver Corp. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PAAS

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$27.0$27.0$26.0$26.0$25.0$25.0$24.0$24.0$23.0$23.0$22.0$22.0$21.0$21.0$20.0$20.0$19.0$19.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
2.82 B REVENUE
21.71%
531 M OPERATING INCOME
1292.91%
113 M NET INCOME
207.44%
724 M OPERATING CASH FLOW
60.84%
-32.6 M INVESTING CASH FLOW
-8.19%
-225 M FINANCING CASH FLOW
59.19%
815 M REVENUE
13.82%
255 M OPERATING INCOME
67.61%
108 M NET INCOME
88.61%
274 M OPERATING CASH FLOW
21.18%
202 M INVESTING CASH FLOW
367.22%
-49.7 M FINANCING CASH FLOW
-0.20%
Balance Sheet Pan American Silver Corp.
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Current Assets 1.72 B
Cash & Short-Term Investments 887 M
Receivables 196 M
Other Current Assets 637 M
Non-Current Assets 5.48 B
Long-Term Investments 0
PP&E 5.33 B
Other Non-Current Assets 157 M
12.32 %8.85 %73.93 %Total Assets$7.2b
Current Liabilities 687 M
Accounts Payable 194 M
Short-Term Debt 47.4 M
Other Current Liabilities 445 M
Non-Current Liabilities 1.8 B
Long-Term Debt 756 M
Other Non-Current Liabilities 1.04 B
7.82 %17.91 %30.41 %41.96 %Total Liabilities$2.5b
EFFICIENCY
Earnings Waterfall Pan American Silver Corp.
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Revenue 2.82 B
Cost Of Revenue 2.27 B
Gross Profit 548 M
Operating Expenses 17.8 M
Operating Income 531 M
Other Expenses 418 M
Net Income 113 M
3b3b3b3b2b2b2b2b1b1b500m500m003b(2b)549m(18m)531m(418m)113mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
19.46% GROSS MARGIN
19.46%
18.83% OPERATING MARGIN
18.83%
3.96% NET MARGIN
3.96%
2.37% ROE
2.37%
1.55% ROA
1.55%
2.11% ROIC
2.11%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Pan American Silver Corp.
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500m500m400m400m300m300m200m200m100m100m00(100m)(100m)(200m)(200m)(300m)(300m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 113 M
Depreciation & Amortization 572 M
Capital Expenditures -323 M
Stock-Based Compensation 400 K
Change in Working Capital -128 M
Others -151 M
Free Cash Flow 401 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Pan American Silver Corp.
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Wall Street analysts predict an average 1-year price target for PAAS of $25.7 , with forecasts ranging from a low of $23 to a high of $30 .
PAAS Lowest Price Target Wall Street Target
23 USD 5.17%
PAAS Average Price Target Wall Street Target
25.7 USD 17.36%
PAAS Highest Price Target Wall Street Target
30 USD 37.17%
Price
Max Price Target
Min Price Target
Average Price Target
30302828262624242222202018181616May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.49% DIVIDEND YIELD
0.1 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.50000.50000.45000.45000.40000.40000.35000.35000.30000.30000.25000.25000.20000.20000.15000.15000.10000.10000.05000.05000.00000.00000.1250.0250.0350.0350.050.070.120.10.10.10.050.0250.0350.0350.050.070.120.10.10.050.0250.0350.0350.050.10.110.10.10.050.270.050.0250.100.0350.140.0350.140.070.220.10.340.10.450.10.400.10.400.102015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 13
6. Ownership
Insider Ownership Pan American Silver Corp.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Pan American Silver Corp. (PAAS) Mining Forum Europe 2025 Conference (Transcript) (Transcript) Pan American Silver Corp. (NYSE:PAAS ) Mining Forum Europe 2025 Conference April 1, 2025 4:10 AM ET Company Participants Michael Steinmann - President and Chief Executive Officer Conference Call Participants Cailey Barker - Investment Advisor Cailey Barker Strategies post-Yamana transaction was basically to monetize non-core assets. You and your team have done a fantastic job of doing that over the last, I would say, year-and-a-half, where you've received around $990 million from those asset sales. seekingalpha.com - 1 week ago
Pan American Silver (PAAS) Rises But Trails Market: What Investors Should Know In the latest trading session, Pan American Silver (PAAS) closed at $25.87, marking a +0.47% move from the previous day. zacks.com - 3 weeks ago
Pan American Silver: Own Some Precious Metal Mines Outside Of Trump's Reach Pan American Silver Corp.'s asset exposure outside of the U.S. is attractive due to domestic political instability and trade wars initiated by President Trump. The U.S. dollar has declined by 7% in 2025, with Wall Street underperforming global markets, making foreign investments more appealing. The stock has a sound valuation, with rising gold/silver tailwinds improving results. Any restart decision at Escobal would be a huge positive, and provide a catalyst other miners don't have. seekingalpha.com - 1 month ago
Silver Pushes Past Gold This Year, These Stocks Will Capitalize As of March 6, 2025, the increase in the price of silver per ounce outpaced that of the price of gold year-to-date, with silver climbing by 11.5% and gold by 9.7% during that time. The price of gold typically influences the price of other metals like silver and platinum, but that does not necessarily mean that gold will always outpace these other safe havens when prices are climbing. marketbeat.com - 1 month ago
Pan American Silver Announces Renewal of Normal Course Issuer Bid VANCOUVER, British Columbia--(BUSINESS WIRE)--Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") announces that the Toronto Stock Exchange (the "TSX") has accepted the Company's notice of its intention to renew its normal course issuer bid (the "Bid") to purchase up to 18,107,917 of its common shares, representing up to 5% of Pan American's issued and outstanding shares as at February 28, 2025. Purchases pursuant to the Bid will be made on the open market throu. businesswire.com - 1 month ago
Pan American Silver Corp. (PAAS) Q4 2024 Earnings Call Transcript Pan American Silver Corp. (NYSE:PAAS ) Q4 2024 Results Conference Call February 20, 2025 11:00 AM ET Company Participants Siren Fisekci - Vice President, Investor Relations Michael Steinmann - President and Chief Executive Officer Steve Busby - Chief Operating Officer Chris Emerson - Vice President of Exploration and Geology Sean McAleer - Senior Vice President of Strategic Initiatives Conference Call Participants Cosmos Chiu - CIBC Don DeMarco - National Bank Financial Ovais Habib - Scotiabank Adrian Day - Adrian Day Asset Management Operator Thank you for standing by. This is the conference operator. seekingalpha.com - 1 month ago
Pan American Silver (PAAS) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates The headline numbers for Pan American Silver (PAAS) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 1 month ago
Pan American Silver (PAAS) Q4 Earnings Match Estimates Pan American Silver (PAAS) came out with quarterly earnings of $0.35 per share, in line with the Zacks Consensus Estimate. This compares to loss of $0.04 per share a year ago. zacks.com - 1 month ago
Pan American Silver Reports Audited Financial Results for 2024, Including Record Revenue, Cash Flow From Operations and Free Cash Flow VANCOUVER, British Columbia--(BUSINESS WIRE)--Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") provides fourth quarter ("Q4 2024") financial results and audited financial results for the year ended December 31, 2024 ("FY 2024"), and its outlook for production, costs and expenditures in 2025 (the "2025 Operating Outlook"). Pan American will host a conference call and webcast to discuss the 2024 financial results and the 2025 Operating Outlook on February 20, 2. businesswire.com - 1 month ago
Gear Up for Pan American Silver (PAAS) Q4 Earnings: Wall Street Estimates for Key Metrics Get a deeper insight into the potential performance of Pan American Silver (PAAS) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. zacks.com - 2 months ago
Pan American Silver (PAAS) Reports Next Week: Wall Street Expects Earnings Growth Pan American Silver (PAAS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 months ago
Why Investors Need to Take Advantage of These 2 Basic Materials Stocks Now Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP. zacks.com - 2 months ago
8. Profile Summary

Pan American Silver Corp. PAAS

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COUNTRY CA
INDUSTRY Silver
MARKET CAP $ 7.92 B
Dividend Yield 0.49%
Description Pan American Silver Corp., together with its subsidiaries, engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Argentina, and Bolivia. It holds interests in the La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, San Vicente, Joaquin, Cap-Oeste Sur Este, and Navidad mines. 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.
Contact 625 Howe Street, Vancouver, BC, V6C 2T6 https://www.panamericansilver.com
IPO Date June 12, 1995
Employees 9000
Officers Mr. Christopher Emerson Senior Vice President of Exploration and Geology Mr. Brent G. J. Bergeron Senior Vice President of Corporate Affairs & Sustainability Mr. Scott Campbell Senior Vice President of Operations & Projects Mr. Delaney Fisher J.D. Senior Vice President, Associate General Counsel & Corporate Secretary Mr. Cameron Paterson Senior Vice President of Finance & IT