Added to YB: 2026-09-04
Pitch date: 2026-09-02
PAAS [neutral]
Pan American Silver Corp.
-0.64%
current return
Author Info
No bio for this author
Company Info
Pan American Silver Corp. engages in the exploration, mine development, extraction, processing, refining, and reclamation of mines in Chile, Peru, Brazil, Mexico, Canada, Argentina, Bolivia, and Guatemala.
Market Cap
CAD 20.9B
Pitch Price
CAD 73.05
Price Target
N/A
Dividend
1.39%
EV/EBITDA
8.31
P/E
14.90
EV/Sales
4.64
Sector
Metals and Mining
Category
N/A
Value Mining #02: Pan American Silver
PAAS (pass): Pan American Silver is a diversified producer with 2026 guidance of 25-27M silver ounces and 700-750K gold ounces, including 6-6.5M attributable silver ounces from Juanicipio. Despite a 10.5x P/E, $344M of Q2 2026 attributable free cash flow and a plan to return 35-40% of free cash flow through dividends and buybacks, the $20.7B valuation implies lower expected returns; more asymmetric mining opportunities and ETFs are preferred.
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