Shares of Pan American Silver Corp. (NYSE:PAAS – Get Free Report) (TSE:PAAS) have earned an average recommendation of “Moderate Buy” from the eight brokerages that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $56.60.
PAAS has been the topic of a number of recent analyst reports. Zacks Research upgraded shares of Pan American Silver from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 24th. Jefferies Financial Group dropped their price target on shares of Pan American Silver from $58.00 to $54.00 and set a “hold” rating on the stock in a research report on Wednesday, January 21st. Canadian Imperial Bank of Commerce set a $88.00 price target on shares of Pan American Silver and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. Weiss Ratings restated a “buy (b)” rating on shares of Pan American Silver in a research report on Monday, December 29th. Finally, Wall Street Zen downgraded shares of Pan American Silver from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 18th.
Read Our Latest Research Report on PAAS
Key Pan American Silver News
- Positive Sentiment: La Colorada Skarn expansion and company transformation — Seeking Alpha highlights PAAS’s evolution into a diversified, multi‑jurisdictional precious‑metals producer with very large silver reserves, projected industry‑leading scale and negative all‑in‑sustaining costs at La Colorada Skarn, and a strong balance sheet (c.$1.3B cash, >$2B liquidity). That thesis supports higher free cash flow and leverage to silver prices. Pan American Silver: Still Room To Run With Silver Near $80
- Positive Sentiment: Revised PEA for La Colorada Skarn — Company/market coverage reports that a revised Preliminary Economic Assessment for La Colorada Skarn presents it as a potential world‑leading, low‑cost silver mine, materially improving long‑term production and cost outlook. This is a key catalyst for medium/long‑term valuation if the study’s metrics hold. Pan American Silver Rethinks Long Term Mix With La Colorada Skarn PEA
- Neutral Sentiment: Recent market moves — Market writeups note the shares recently outperformed the market and closed modestly higher (reported +1.53% in those summaries), reflecting investor appetite on the project/balance‑sheet news. Pan American Silver (PAAS) Exceeds Market Returns: Some Facts to Consider Zacks: Pan American Silver Exceeds Market Returns
- Negative Sentiment: Broad analyst EPS cuts from National Bank Financial — A series of notes from National Bank Financial reduced quarterly and multi‑year EPS forecasts (multiple cuts across 2026–2030 estimates), trimming near‑term earnings expectations. That can pressure multiple/near‑term sentiment even if long‑term project optionality remains strong. MarketBeat: Pan American Silver analyst coverage and estimate changes
Institutional Trading of Pan American Silver
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Knights of Columbus Asset Advisors LLC raised its holdings in shares of Pan American Silver by 176.9% in the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 114,780 shares of the basic materials company’s stock worth $4,445,000 after purchasing an additional 73,326 shares in the last quarter. J. Safra Sarasin Holding AG raised its holdings in shares of Pan American Silver by 117.9% in the 3rd quarter. J. Safra Sarasin Holding AG now owns 43,946 shares of the basic materials company’s stock worth $1,702,000 after purchasing an additional 23,780 shares in the last quarter. Hollencrest Capital Management raised its holdings in shares of Pan American Silver by 214.3% in the 3rd quarter. Hollencrest Capital Management now owns 121,633 shares of the basic materials company’s stock worth $4,711,000 after purchasing an additional 82,932 shares in the last quarter. Campbell & CO Investment Adviser LLC raised its holdings in shares of Pan American Silver by 363.2% in the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 151,801 shares of the basic materials company’s stock worth $5,879,000 after purchasing an additional 119,028 shares in the last quarter. Finally, Ninety One UK Ltd raised its holdings in shares of Pan American Silver by 3.1% in the 3rd quarter. Ninety One UK Ltd now owns 2,155,252 shares of the basic materials company’s stock worth $83,473,000 after purchasing an additional 65,592 shares in the last quarter. 55.43% of the stock is currently owned by institutional investors.
Pan American Silver Trading Down 2.2%
Shares of NYSE:PAAS opened at $55.19 on Tuesday. The company has a market cap of $23.26 billion, a PE ratio of 22.08, a P/E/G ratio of 0.48 and a beta of 0.75. The company’s 50-day moving average price is $57.56 and its 200 day moving average price is $50.72. Pan American Silver has a fifty-two week low of $22.08 and a fifty-two week high of $69.99. The company has a quick ratio of 1.97, a current ratio of 2.69 and a debt-to-equity ratio of 0.11.
Pan American Silver (NYSE:PAAS – Get Free Report) (TSE:PAAS) last released its quarterly earnings results on Wednesday, February 18th. The basic materials company reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.21. Pan American Silver had a net margin of 27.07% and a return on equity of 16.38%. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the previous year, the firm earned $0.35 EPS. Pan American Silver’s revenue was up 44.7% on a year-over-year basis. Sell-side analysts anticipate that Pan American Silver will post 4.29 earnings per share for the current year.
Pan American Silver Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Monday, March 2nd were given a dividend of $0.18 per share. This is a positive change from Pan American Silver’s previous quarterly dividend of $0.14. The ex-dividend date was Monday, March 2nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.3%. Pan American Silver’s payout ratio is presently 28.80%.
About Pan American Silver
Pan American Silver Corp. (NYSE: PAAS) is a Vancouver-based mining company and one of the world’s largest primary silver producers. The company’s core activities encompass the exploration, development, extraction and processing of silver, with significant by-product production of gold, zinc and lead. Pan American Silver maintains a vertically integrated operating model, covering the full mining value chain from resource discovery through to refined metal production.
With a geographic footprint concentrated across the Americas, Pan American Silver operates multiple mines in Mexico, Peru, Argentina and Bolivia, and is advancing several development and exploration projects in Chile and Ecuador.
Read More
Receive News & Ratings for Pan American Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pan American Silver and related companies with MarketBeat.com's FREE daily email newsletter.
