Pan American Silver Corp (PAAS) Stock AnalysisPAASStock AnalysisPan American Silver Corp

Pan American Silver Corp. is a producer of silver and gold in the Americas, operating mines in Canada, Mexico, Peru, Brazil, Bolivia, Chile and Argentina. It owns a 100% interest in the Escobal mine in Guatemala, and it holds interests in exploration and development projects. Its segments include Silver, Gold and Other. Silver segment includes operations of La Colorada, Huaron, San Vicente, Cerro Moro, La Colorada Skarn, Navidad and Escobal. Gold segment includes operations in Dolores, Shahuindo, Timmins, Jacobina, El Penon and Minera Florida. La Colorada mine produces silver-rich lead and zinc concentrates from a flotation plant treating sulfide ore. Huaron mine produces silver-rich zinc, lead and copper concentrates using floatation technology. It owns 44% joint venture interest in the Juanicipio silver mine in Zacatecas, Mexico, operated by Fresnillo plc, along with 100% ownership of the Larder exploration project and a 100% earn-in interest in the Deer Trail exploration project. It operates in the Basic Materials sector.

Pan American Silver Corp is a good buy right now due to its strong revenue growth, with Q2 2026 revenue at $1.12 billion, up from $812 million in Q2 2025, despite a slight miss against expectations. The stock is currently priced at $52.87, with a forward P/E ratio of 14.22, indicating potential for future earnings growth. Additionally, hedge funds have increased their buying activity by 269.91% over the last quarter, suggesting increased institutional confidence in the stock. However, the main risk lies in the recent disappointing earnings report, where EPS was $0.73 compared to an expected $0.84, leading to a nearly 10% drop in stock price following the announcement.

11 analysts cover PAAS: 7 rate it Buy, 4 Hold and 0 Sell. The average price target is 49.70.