PA2 Stock Chart & Stats
€45.68
-€0.63(-1.62%)
At close: 4:00 PM EDT
€45.68
-€0.63(-1.62%)
Day’s Range― - ―
52-Week Range€28.21 - €60.98
Previous CloseN/A
Volume865.00
Average Volume (3M)3.19K
Market Cap
€18.02B
Enterprise Value€25.50K
Total Cash (Recent Filing)€1.71B
Total Debt (Recent Filing)€841.00M
Price to Earnings (P/E)14.7
Beta1.27
Next Earnings
Nov 10, 2026EPS Estimate
0.76Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.33
Shares Outstanding414,618,000
10 Day Avg. Volume1,308
30 Day Avg. Volume3,185
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)2.83
Price to Sales (P/S)5.37
P/FCF Ratio18.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€57.87Price Target Upside26.68% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)3.2
Revenue Forecast (FY)€4.09B
Bulls Say, Bears Say
Bulls Say
Revenue And Profitability ExpansionRevenue increased from $2.32B in 2023 to $3.68B in 2025 and $4.33B TTM, while TTM gross and net margins reached 44.6% and 32.1%. This demonstrates strong current earnings capacity and operating leverage, though metals cyclicality remains relevant.
Conservative Balance SheetLow leverage relative to equity gives Pan American Silver meaningful financial flexibility through commodity and operating cycles. Its sizable asset base and manageable debt burden can support sustaining investment, project development, and resilience without excessive balance-sheet strain.
Strong Liquidity And Silver ExecutionHigh-end quarterly silver production and reaffirmed annual silver guidance support the reliability of the company’s core metal franchise. Liquidity of approximately $3.2B further strengthens its ability to fund projects, manage volatility, and sustain shareholder returns.
Bears Say
Earnings CyclicalityThe shift from losses in 2022–2023 to strong profitability in 2025–TTM shows that earnings power can vary materially across the metals cycle. This volatility makes current margins less dependable and can complicate long-term planning, investment pacing, and shareholder returns.
Gold Production ShortfallsGold production misses at Jacobina and El Peñón reduce expected output and indicate operational challenges in key assets. Seismicity, mining-method adjustments, and weaker ore continuity could constrain gold volumes and raise the effort or capital needed to restore production.
Cost And Tax PressureHigher all-in sustaining costs, labor and materials inflation, royalties, unfavorable foreign exchange, and increased tax payments can absorb more of the benefit from strong metal revenue. Persistent pressure would reduce margins, free cash flow available for growth, and capital-allocation flexibility.
Pan American Silver News
PA2 FAQ
What was Pan American Silver’s price range in the past 12 months?
Pan American Silver lowest stock price was €28.21 and its highest was €60.98 in the past 12 months.
What is Pan American Silver’s market cap?
Pan American Silver’s market cap is €18.02B.
When is Pan American Silver’s upcoming earnings report date?
Pan American Silver’s upcoming earnings report date is Nov 10, 2026 which is in 56 days.
How were Pan American Silver’s earnings last quarter?
Pan American Silver released its earnings results on Aug 12, 2026. The company reported €0.633 earnings per share for the quarter, missing the consensus estimate of €0.759 by -€0.125.
Is Pan American Silver overvalued?
According to Wall Street analysts Pan American Silver’s price is currently Undervalued.
Does Pan American Silver pay dividends?
Pan American Silver does not currently pay dividends.
What is Pan American Silver’s EPS estimate?
Pan American Silver’s EPS estimate is 0.76.
How many shares outstanding does Pan American Silver have?
Pan American Silver has 414,618,000 shares outstanding.
What happened to Pan American Silver’s price movement after its last earnings report?
Pan American Silver reported an EPS of €0.633 in its last earnings report, missing expectations of €0.759. Following the earnings report the stock price went down -10.147%.
Which hedge fund is a major shareholder of Pan American Silver?
Currently, no hedge funds are holding shares in DE:PA2
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Pan American Silver Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€57.87 (26.68% Upside)
€57.87 (26.68% Upside)
Blogger Sentiment
Bullish
DE:PA2 Sentiment 86%
Sector Average 66%
Sector Average 66%
Technicals
SMA
Negative
20 days / 200 days
Momentum
34.36%
12-Months-Change
Fundamentals
Return on Equity
1.38%
Trailing 12-Months
Asset Growth
38.00%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Pan American Silver
Pan American Silver Corp., together with its affiliates, oversees the full spectrum of mining activities, from initial exploration and development to the extraction, processing, and refining of silver, gold, zinc, lead, and copper, as well as the eventual reclamation of mine sites. Its operations span multiple countries, including Canada, Mexico, Peru, Argentina, and Bolivia. The company possesses ownership stakes in a portfolio of mines, which includes La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, San Vicente, Joaquin, Cap-Oeste Sur Este, and Navidad. Founded in 1979, the corporation was originally known as Pan American Minerals Corp. It subsequently adopted its current name, Pan American Silver Corp., in April 1995. The company's principal office is located in Vancouver, Canada.
PA2 Company Deck
PA2 Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call balanced strong financial performance, robust liquidity, record shareholder returns, and continued progress on key growth projects (La Colorada decline, Timmins advances) with several operational and near-term challenges—chiefly lower-than-expected gold production (Jacobina and El Peñón), higher quarter-specific AISC drivers, elevated tax payments and ongoing consultation uncertainty at Escobal. Management reiterated full-year guidance for most metrics, reaffirmed capital allocation priorities, and emphasized safety and long-term project optimization.View all DE:PA2 earnings summariesPA2 Stock 12 Month Forecast
Average Price Target
€57.87
▲(26.68% Upside)
Technical Analysis
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