Pan American Silver Corp.

NYSE:PAAS Stok Raporu

Piyasa değeri: US$21.1b

Pan American Silver Yönetim

Yönetim kriter kontrolleri 3/4

Pan American Silver CEO'su Michael Steinmann, Feb2015 tarihinde atandı, in görev süresi 11.58 yıldır. in toplam yıllık tazminatı $ 10.79M olup, şirket hissesi ve opsiyonları dahil olmak üzere 10.6% maaş ve 89.4% ikramiyelerden oluşmaktadır. şirketin hisselerinin 0.026% ine doğrudan sahiptir ve bu hisseler $ 5.44M değerindedir. Yönetim ekibinin ve yönetim kurulunun ortalama görev süresi sırasıyla 4.6 yıl ve 5.3 yıldır.

Anahtar bilgiler

Michael Steinmann

İcra Kurulu Başkanı

US$10.8m

Toplam tazminat

CEO maaş yüzdesi10.55%
CEO görev süresi11.6yrs
CEO sahipliği0.03%
Yönetim ortalama görev süresi4.6yrs
Yönetim Kurulu ortalama görev süresi5.3yrs

Son yönetim güncellemeleri

Recent updates

Seeking Alpha • Aug 21

Pan American Silver: Deep Value Gold & Silver As A Hedge Against A Weak U.S. Dollar

Summary Pan American Silver is reiterated as a BUY due to a low valuation, strong free cash flow, and a robust net-cash position. PAAS benefits from low-cost gold and silver production, with FY26 gold output significantly back-end loaded to capitalize on higher prices. Free-cash-flow generation was $344 million in Q2 alone. The company has a solid balance sheet with net cash of $959 million, or $2.27/share. You get all this for a TTM P/E=15.3x, a forward P/E=13.6x, and a 1.5% yield. Despite being +65% over the past year, the stock is currently down 25% from its 52-week high. Read the full article on Seeking Alpha
Seeking Alpha • Apr 28

Pan American Silver: Flying High, But Stuck In A Holding Pattern - With Escobal In View

Summary Pan American Silver (PAAS) is rated "Hold" due to expected declines in both silver and gold production in 2025, despite recent price surges. PAAS's gold production has increased since acquiring Yamana Gold's assets, but 2025 production is projected to be 10% - 17% lower than last year. Silver production is also expected to decline, with La Colorada and Huaron being the only operations with a positive outlook for 2025. PAAS's current valuation is higher than its peers, making it less attractive for long-term investment, but it offers short-term trading opportunities. Read the full article on Seeking Alpha
Seeking Alpha • Apr 07

Pan American Silver: Another Record Year On Deck

Summary Pan American had a decent 2024, reporting significant growth in free cash flow and a return to a net cash position, offset by a slight miss on its guidance midpoint. While the company had a solid 2024, it faces a production cliff in 2028 if it can't extend mine lives at a few of its assets and/or bring Escobal online. On a positive note, Pan American stands out as a company focused on per-share growth, unlike most of its silver peers & trades at a reasonable valuation. In this update, we'll dig into the Q4 and FY2024 results, recent developments, and whether the stock is offering an adequate margin of safety at current levels. Read the full article on Seeking Alpha
Seeking Alpha • Jan 22

Secular Silver Shortfall Could Keep Prices Higher For Longer For Pan American Silver

Summary Pan American Silver is a top silver producer, benefiting from the Yamana acquisition, asset divestitures, and strong metal markets, making it a solid buy. Management focuses on aggressive deleveraging, maintaining a $0.40 annual dividend, and authorized share repurchases, appealing to income investors seeking silver exposure with gold stability. La Colorada mine improvements and La Colorada Skarn project potential significantly boost silver production, while Jacobina mine enhances gold output, supporting long-term growth. Strong financials with record cash position, zero net debt, and potential variable dividend in 2025, driven by high silver and gold prices and industrial demand. Read the full article on Seeking Alpha
Seeking Alpha • Dec 16

Pan American Silver: One Of The Better Options For Silver Exposure

Summary Pan American Q3-24 production was below expectations, impacted by lower grades at Cerro Moro. Fortunately, higher metal prices boosted financial results, achieving record revenue of $716.1 million and significant cash flow generation. Unfortunately, while 2024 has been strong financially, the company has tough comps on deck in 2025 with significantly lower gold production in 2025. In this update we'll dig into the Q3-24 results, recent developments, and whether the stock is offering enough margin of safety for new investment at current levels. Read the full article on Seeking Alpha
Seeking Alpha • Nov 12

Pan American Silver: Production Growth Visibility Amid Upside In Precious Metals

Summary Initiating coverage on Pan American Silver with a "Buy" rating and a 24-month investment horizon due to attractive valuation and potential growth from higher precious metal prices. Strong fundamentals with a $1.22 billion liquidity buffer, healthy free cash flow, and significant production growth catalysts like Escobal and La Colorada Skarn support the bullish outlook. Risks include potential delays in Escobal mining resumption, but overall financial health and favorable precious metal price trends mitigate concerns, supporting a positive investment thesis. Read the full article on Seeking Alpha
Seeking Alpha • Sep 30

Pan American Silver: Positioned For Growth Amid Higher Gold, Silver Prices

Summary Pan American Silver is one of the largest silver miners in the world and its shares have appreciated over 30% YTD. Despite Q2 production challenges, revenue increased by 7.3% due to higher metal prices, setting up a strong second half of 2024. The company's diversified portfolio and solid balance sheet, combined with potential catalysts like the Escobal mine reopening, support a positive outlook. Trading below its net asset value and only slightly above peers' EV/EBITDA multiple, Pan American Silver shares have significant upside potential, earning a buy rating. Read the full article on Seeking Alpha
Seeking Alpha • Sep 20

Pan American Silver: Better Outlook For H2, But Almost Everything Is Already Priced In

Summary Pan American Silver is rated as a hold due to limited further price increases in silver and rising all-in sustaining costs. PAAS's AISC increased by nearly 20% in Q2. Silver production fell by 8.82% in Q2, but management's 2024 production targets are still achievable, potentially improving AISC and profit margins. Expected Q3 revenue is $774.64 million, translating to $0.32 per share; current valuation implies a P/E of almost 16, making it fairly priced. Read the full article on Seeking Alpha
Seeking Alpha • Aug 14

Pan American Silver: A Stronger H2 On Deck

Summary Pan American Silver Corp. had a mediocre quarter in Q2 with solid performances from Huaron, San Vicente, El Penon and Jacobina overshadowed by softness at La Colorada/Cerro Moro. The result was a significant spike in AISC in Q2 2024 to ~$19/oz, but record gold prices still allowed for significant free cash flow generation in Q2. Meanwhile, although Q2 2024 certainly had its challenges, H2 2024 is shaping up to be much stronger with a weaker MXN/USD, higher gold/silver prices and higher production. In this update, we'll dig into the Q3 2024 results, recent developments, and where the stock's updated low-risk buy zone lies. Read the full article on Seeking Alpha

CEO Tazminat Analizi

Michael Steinmann'un ücretlendirmesi Pan American Silver'un kazancına kıyasla nasıl değişti?
TarihToplam TazminatMaaşŞirket Kazançları
Jun 30 2026n/an/a

US$1b

Mar 31 2026n/an/a

US$1b

Dec 31 2025US$11mUS$1m

US$978m

Sep 30 2025n/an/a

US$635m

Jun 30 2025n/an/a

US$523m

Mar 31 2025n/an/a

US$312m

Dec 31 2024US$8mUS$1m

US$112m

Sep 30 2024n/an/a

-US$64m

Jun 30 2024n/an/a

-US$140m

Mar 31 2024n/an/a

-US$151m

Dec 31 2023US$7mUS$1m

-US$104m

Sep 30 2023n/an/a

-US$208m

Jun 30 2023n/an/a

-US$260m

Mar 31 2023n/an/a

-US$402m

Dec 31 2022US$4mUS$950k

-US$342m

Sep 30 2022n/an/a

-US$155m

Jun 30 2022n/an/a

-US$63m

Mar 31 2022n/an/a

US$182m

Dec 31 2021US$4mUS$969k

US$97m

Sep 30 2021n/an/a

US$252m

Jun 30 2021n/an/a

US$298m

Mar 31 2021n/an/a

US$247m

Dec 31 2020US$4mUS$804k

US$178m

Sep 30 2020n/an/a

US$61m

Jun 30 2020n/an/a

US$33m

Mar 31 2020n/an/a

US$31m

Dec 31 2019US$4mUS$739k

US$111m

Tazminat ve Piyasa: Michael 'ın toplam tazminatı ($USD 10.79M ) US pazarındaki benzer büyüklükteki şirketler için ortalamadır ($USD 14.74M ).

Tazminat ve Kazançlar: Michael 'in maaşı son bir yılda %20'den fazla arttı.

CEO

Michael Steinmann (60 yo)

11.6yrs
Görev süresi
US$10,788,750
Tazminat

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 is Independent Directo...

Liderlik Ekibi

İsimPozisyonGörev süresiTazminatSahiplik
Michael Steinmann
President11.6yrsUS$10.79m0.026%
$ 5.4m
Ignacio Couturier
Chief Financial Officer4.5yrsUS$2.28m0.0032%
$ 685.3k
Scott Campbell
Chief Operating Officerless than a yearUS$2.43m0.00030%
$ 63.3k
Christopher Lemon
Chief Legal Officer & General Counsel9.1yrsUS$2.46m0.0024%
$ 512.4k
Siren Fisekci
Vice President of Investor Relations & Corporate Communicationsno dataVeri yok0.0019%
$ 398.5k
Ibtissam Drier
Senior Vice President of Business Development & Human Resourcesless than a yearVeri yok0.0030%
$ 636.8k
Christopher Emerson
Senior Vice President of Exploration & Geology3.4yrsVeri yok0.0028%
$ 582.0k
Brent G. Bergeron
Senior Vice President of Corporate Affairs & Sustainability7yrsVeri yok0.00016%
$ 33.7k
Delaney Fisher
Senior VP4.7yrsVeri yok0.0053%
$ 1.1m
Al Mainville
Country Manager of Canadano dataVeri yokVeri yok
Eric Lachapelle
Director of Operations of Canadano dataVeri yokVeri yok
4.6yrs
Ortalama Görev Süresi

Deneyimli Yönetim: PAAS 'un yönetim ekibi deneyimli olarak değerlendirilmektedir (ortalama görev süresi 4.6 yıldır).

Yönetim Kurulu Üyeleri

İsimPozisyonGörev süresiTazminatSahiplik
Michael Steinmann
President10.7yrsUS$10.79m0.026%
$ 5.4m
Charles Jeannes
Independent Director7.6yrsUS$228.99k0.0041%
$ 860.4k
John Begeman
Independent Director3.3yrsUS$224.10k0.00040%
$ 84.3k
Neil de Gelder
Independent Director14.2yrsUS$230.10k0.0096%
$ 2.0m
Ross Beaty
Chairman Emeritus5.3yrsUS$167.19kVeri yok
Pablo Marcet
Independent Director1.1yrsUS$150.00kVeri yok
Chantal Gosselin
Independent Director3.3yrsUS$211.01k0.0019%
$ 407.0k
Ignacio Jose Romero
Independent Non-Executive Directorless than a yearVeri yokVeri yok
Jennifer Maki
Independent Director5.3yrsUS$229.49k0.00071%
$ 149.7k
Gillian Winckler
Independent Chairman10.3yrsUS$308.09k0.0038%
$ 795.0k
Kimberly Keating
Independent Director3.3yrsUS$207.10k0.00029%
$ 61.2k
5.3yrs
Ortalama Görev Süresi
63yo
Ortalama Yaş

Deneyimli Yönetim Kurulu: PAAS 'nin yönetim kurulu üyeleri deneyimli olarak kabul edilir (ortalama görev süresi 5.3 yıldır).

Şirket Analizi ve Finansal Veri Durumu

VeriSon Güncelleme (UTC saati)
Şirket Analizi2026/09/11 23:08
Gün Sonu Hisse Fiyatı2026/09/11 00:00
Kazançlar2026/06/30
Yıllık Kazançlar2025/12/31

Veri Kaynakları

Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.

PaketVeriZaman ÇerçevesiÖrnek ABD Kaynağı *
Şirket Finansalları10 yıl
  • Gelir tablosu
  • Nakit akış tablosu
  • Bilanço
Analist Konsensüs Tahminleri+3 yıl
  • Finansal tahminler
  • Analist fiyat hedefleri
Piyasa Fiyatları30 yıl
  • Hisse senedi fiyatları
  • Temettüler, Bölünmeler ve Eylemler
Sahiplik10 yıl
  • En büyük hissedarlar
  • İçeriden öğrenenlerin ticareti
Yönetim10 yıl
  • Liderlik ekibi
  • Yönetim Kurulu
Önemli Gelişmeler10 yıl
  • Şirket duyuruları

* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.

Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.

Analiz Modeli ve Kar Tanesi

Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntılarına Github sayfamızdan ulaşabilirsiniz; ayrıca raporlarımızı nasıl kullanacağınıza dair kılavuzlarımız ve YouTube’da eğitim videolarımız da bulunmaktadır.

Simply Wall St analiz modelini tasarlayan ve oluşturan hakkında bilgi edinin.

Endüstri ve Sektör Metrikleri

Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.

Analist Kaynakları

Pan American Silver Corp. 24 Bu analistlerden 5, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.

AnalistKurum
Matthew MurphyBMO Capital Markets Equity Research
Kevin O'HalloranBMO Capital Markets Equity Research
Lawson WinderBofA Global Research