PAAS
Basic MaterialsPan American Silver Corp. · Silver · $18B
What is Pan American Silver Corp.?
Pan American Silver Corp. is a large-cap precious metals miner operating across the Americas, producing silver, gold, zinc, lead, and copper from a diversified portfolio of mines.
The company explores, develops, extracts, processes, and refines metals across mines in Canada, Mexico, Peru, Argentina, and Bolivia. Revenue comes primarily from selling silver and gold, with base metals like zinc, lead, and copper providing additional streams. Its multi-country footprint spreads operational exposure across different regulatory and geological environments.
Incorporated in 1979 and rebranded to its current name in April 1995, Pan American Silver is headquartered in Vancouver, Canada.
- Silver and gold mining and production
- Base metals extraction (zinc, lead, copper)
- Mine development and reclamation services
- Diversified multi-country asset portfolio
Is PAAS a Good Stock to Buy?
UQS Score rates PAAS as Good overall, reflecting a balanced profile with meaningful strengths and one notable area of concern.
The Growth and Risk pillars both register as Strong, suggesting the company is expanding its output while managing operational and financial risk at a level above many sector peers. Valuation is rated Attractive, which may interest investors watching entry points in the metals space.
The Moat pillar is rated Weak — a common challenge in commodity mining, where pricing power is largely set by global markets rather than the individual producer.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does PAAS pay dividends?
Yes — Pan American Silver Corp. pays a dividend.
Pan American Silver pays a regular dividend, which is relatively uncommon among mid-tier miners. The dividend reflects the company's intent to return capital to shareholders alongside reinvesting in mine development and exploration across its multi-country portfolio.
When does PAAS report earnings?
Pan American Silver reports earnings on a quarterly cadence, consistent with standard practice for TSX- and NASDAQ-listed equities.
Results tend to be influenced by prevailing silver and gold prices, production volumes across its mine network, and currency movements in the countries where it operates. Investors should track both metals pricing and operational updates when evaluating quarterly performance.
For the most recent quarter's results, visit Pan American Silver's investor relations page directly.
PAAS Price History
+68.0% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Pan American Silver Corp.?
Based on Pan American Silver Corp.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
Frequently Asked Questions
What does Pan American Silver do?
Pan American Silver explores, develops, and operates mines that produce silver, gold, zinc, lead, and copper. Its assets span Canada, Mexico, Peru, Argentina, and Bolivia, making it one of the more geographically diversified silver producers listed in North America.
Does PAAS pay dividends?
Yes, Pan American Silver pays a regular dividend. This distinguishes it from many peers in the precious metals mining sector, where capital is more commonly reinvested entirely into exploration and development.
When does PAAS report earnings?
PAAS reports on a quarterly basis. Exact dates vary each cycle, so check Pan American Silver's investor relations page for the current schedule.
Is PAAS a good stock to buy?
The UQS Score rates PAAS as Good, with Strong marks on Growth and Risk and an Attractive Valuation. The Moat pillar is Weak, reflecting the commodity-driven nature of silver mining. Pro members can view the complete breakdown to form their own assessment.
Is PAAS overvalued?
The UQS Valuation pillar for PAAS is rated Attractive, suggesting the stock is not considered expensive relative to its fundamentals within the UQS framework. Full valuation metrics are available to Pro members.
What is PAAS's market cap bracket?
Pan American Silver is classified as a large-cap company, placing it among the larger publicly traded silver miners in North America.
Is PAAS a long-term quality investment?
From a long-term quality perspective, PAAS scores Good overall. Strong Growth and Risk ratings suggest operational resilience, though the Weak Moat rating is a factor to weigh — commodity miners rarely command durable pricing power independent of metals markets.
What sector does PAAS belong to?
PAAS operates in the Basic Materials sector, specifically within precious and base metals mining. Its primary revenue driver is silver, supplemented by gold and base metals production.
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Pro Analysis
PAAS — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| Jul 9, 2026 | 68.4 | 71.2 | 20.0 | 85.0 | 98.5 | 92.5 | +0.2 |
| Jul 8, 2026 | 68.2 | 70.7 | 20.0 | 85.0 | 98.5 | 91.4 | +0.2 |
| Jul 7, 2026 | 68.0 | 70.4 | 20.0 | 85.0 | 98.5 | 90.8 | +0.1 |
| Jul 3, 2026 | 67.9 | 70.1 | 20.0 | 85.0 | 98.5 | 90.5 | -0.2 |
| Jul 2, 2026 | 68.1 | 70.6 | 20.0 | 85.0 | 98.5 | 91.4 | 0.0 |
| Jul 1, 2026 | 68.1 | 70.5 | 20.0 | 85.0 | 98.5 | 91.1 | +0.1 |
| Jun 30, 2026 | 68.0 | 70.3 | 20.0 | 85.0 | 98.5 | 91.2 | 0.0 |
| Jun 27, 2026 | 68.0 | 70.3 | 20.0 | 85.0 | 98.5 | 91.0 | -0.1 |
| Jun 26, 2026 | 68.1 | 70.4 | 20.0 | 85.0 | 98.5 | 91.1 | +0.2 |
| Jun 24, 2026 | 67.9 | 70.1 | 20.0 | 85.0 | 98.5 | 90.5 | +0.3 |
PAAS — Pillar Breakdown
Quality
— 71.2/100 (25%)Pan American Silver Corp. shows solid profitability with healthy returns on capital and reasonable margins.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 85.0/100 (20%)Pan American Silver Corp. is growing rapidly with strong revenue and earnings expansion.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 98.5/100 (15%)Pan American Silver Corp. carries minimal financial risk with conservative leverage and strong solvency.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 91.5/100 (15%)Pan American Silver Corp. appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 20/100 (25%)Pan American Silver Corp. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for PAAS.
Score Composition
Financial Data
More Stock Analysis
How is the PAAS UQS Score Calculated?
The UQS (Unified Quality Score) for Pan American Silver Corp. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Pan American Silver Corp.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Pan American Silver Corp. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.