PAAS Stock Overview
Pan American Silver Corp., together with its subsidiaries, engages in the exploration, development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Argentina, and Bolivia.
No risks detected for PAAS from our risk checks.
Pan American Silver Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$32.63|
|52 Week High||CA$50.70|
|52 Week Low||CA$27.97|
|1 Month Change||3.03%|
|3 Month Change||0.31%|
|1 Year Change||-18.38%|
|3 Year Change||85.71%|
|5 Year Change||39.74%|
|Change since IPO||4,561.43%|
Recent News & Updates
We Think Pan American Silver (TSE:PAAS) Can Manage Its Debt With Ease
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Do Pan American Silver's (TSE:PAAS) Earnings Warrant Your Attention?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Is Pan American Silver Corp. (TSE:PAAS) Trading At A 27% Discount?
Does the September share price for Pan American Silver Corp. ( TSE:PAAS ) reflect what it's really worth? Today, we...
Pan American Silver (TSE:PAAS) Has A Rock Solid Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
|PAAS||CA Metals and Mining||CA Market|
Return vs Industry: PAAS underperformed the Canadian Metals and Mining industry which returned 2.4% over the past year.
Return vs Market: PAAS underperformed the Canadian Market which returned 20.6% over the past year.
|PAAS Average Weekly Movement||3.8%|
|Metals and Mining Industry Average Movement||10.7%|
|Market Average Movement||9.4%|
|10% most volatile stocks in CA Market||17.3%|
|10% least volatile stocks in CA Market||3.5%|
Stable Share Price: PAAS is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PAAS's weekly volatility (4%) has been stable over the past year.
About the Company
Pan American Silver Corp., together with its subsidiaries, engages in the exploration, 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, Pas Corp, 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 Fundamentals Summary
|PAAS fundamental statistics|
Is PAAS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PAAS income statement (TTM)|
|Cost of Revenue||US$936.96m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.20|
|Net Profit Margin||15.37%|
How did PAAS perform over the long term?See historical performance and comparison
1.6%Current Dividend Yield
Is Pan American Silver undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PAAS (CA$32.63) is trading below our estimate of fair value (CA$44.16)
Significantly Below Fair Value: PAAS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PAAS is poor value based on its PE Ratio (21.2x) compared to the Canadian Metals and Mining industry average (9.9x).
PE vs Market: PAAS is poor value based on its PE Ratio (21.2x) compared to the Canadian market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: PAAS is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: PAAS is good value based on its PB Ratio (2x) compared to the CA Metals and Mining industry average (2.4x).
How is Pan American Silver forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PAAS's forecast earnings growth (11.1% per year) is above the savings rate (1.6%).
Earnings vs Market: PAAS's earnings (11.1% per year) are forecast to grow faster than the Canadian market (10.8% per year).
High Growth Earnings: PAAS's earnings are forecast to grow, but not significantly.
Revenue vs Market: PAAS's revenue (2.3% per year) is forecast to grow slower than the Canadian market (5.6% per year).
High Growth Revenue: PAAS's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PAAS's Return on Equity is forecast to be low in 3 years time (8.9%).
How has Pan American Silver performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PAAS has high quality earnings.
Growing Profit Margin: PAAS's current net profit margins (15.4%) are higher than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: PAAS has become profitable over the past 5 years, growing earnings by 22.1% per year.
Accelerating Growth: PAAS's earnings growth over the past year (314.1%) exceeds its 5-year average (22.1% per year).
Earnings vs Industry: PAAS earnings growth over the past year (314.1%) exceeded the Metals and Mining industry 117%.
Return on Equity
High ROE: PAAS's Return on Equity (9.6%) is considered low.
How is Pan American Silver's financial position?
Financial Position Analysis
Short Term Liabilities: PAAS's short term assets ($983.9M) exceed its short term liabilities ($365.2M).
Long Term Liabilities: PAAS's short term assets ($983.9M) exceed its long term liabilities ($475.0M).
Debt to Equity History and Analysis
Debt Level: PAAS has more cash than its total debt.
Reducing Debt: PAAS's debt to equity ratio has reduced from 4.5% to 1.4% over the past 5 years.
Debt Coverage: PAAS's debt is well covered by operating cash flow (1203.6%).
Interest Coverage: PAAS earns more interest than it pays, so coverage of interest payments is not a concern.
What is Pan American Silver current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PAAS's dividend (1.57%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.58%).
High Dividend: PAAS's dividend (1.57%) is low compared to the top 25% of dividend payers in the Canadian market (4.68%).
Stability and Growth of Payments
Stable Dividend: PAAS's dividend payments have been volatile in the past 10 years.
Growing Dividend: PAAS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.8%), PAAS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PAAS's dividends in 3 years are forecast to be well covered by earnings (21.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Steinmann (55 yo)
Mr. Michael Steinmann, Ph D., P.Geo., has been the President of Pan American Silver Corp. since February 18, 2015 and its Chief Executive Officer since January 1, 2016. Mr. Steinmann served as Executive Vi...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD4.40M) is about average for companies of similar size in the Canadian market ($USD3.51M).
Compensation vs Earnings: Michael's compensation has increased by more than 20% in the past year.
Experienced Management: PAAS's management team is seasoned and experienced (5.5 years average tenure).
Experienced Board: PAAS's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Pan American Silver Corp.'s employee growth, exchange listings and data sources
- Name: Pan American Silver Corp.
- Ticker: PAAS
- Exchange: TSX
- Founded: 1979
- Industry: Silver
- Sector: Materials
- Market Cap: CA$6.860b
- Shares outstanding: 210.31m
- Website: https://www.panamericansilver.com
Number of Employees
- Pan American Silver Corp.
- 625 Howe Street
- Suite 1440
- British Columbia
- V6C 2T6
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/30 23:57|
|End of Day Share Price||2021/11/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.