Added to YB: 2025-08-13
Pitch date: 2025-08-11
PAAS [bullish]
Pan American Silver Corp.
+56.66%
current return
Author Info
Triple S is a professional special situations investor who shares ideas in their newsletter. Sign up for the newsletter.
Company Info
Pan American Silver Corp. engages in the exploration, mine development, extraction, processing, refining, and reclamation of mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil.
Market Cap
CAD 18.7B
Pitch Price
CAD 43.67
Price Target
5.60 (-92%)
Dividend
1.27%
EV/EBITDA
13.65
P/E
25.59
EV/Sales
5.73
Sector
Metals and Mining
Category
special_situation
The Escobal Mine Investment Opportunity: Legal Framework, Indigenous Rights, and Multi-Billion Dollar Arbitration Risk (PAASF)
PAAS: PAASF CVRs at 82.5% discount to theoretical value ($0.28 vs $5.60) offers 5.7x upside if Escobal mine restarts before Feb 2029. Market implies just 17.5% restart probability despite legal framework favoring restart - ILO Convention doesn't grant indigenous veto power. Multiple pathways: negotiation, courts, or int'l arbitration. Silver market conditions support economics.
Read full article (13 min)