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Pan American Silver Corp. (PAAS)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
CA6979001089
CUSIP
697900108
Industry
Silver
IPO Date
Jun 12, 1995

Highlights

Market Cap
$23.06B
Enterprise Value
$22.84B
EPS (TTM)
$2.54
PE Ratio
21.51
PEG Ratio
0.12
Total Revenue (TTM)
$3.64B
Gross Profit (TTM)
$1.40B
EBITDA (TTM)
$1.71B
Year Range
$20.55 - $69.99
Target Price
$68.67
ROA (TTM)
10.13%
ROE (TTM)
14.10%

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Pan American Silver Corp., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Pan American Silver Corp. (PAAS) has returned 5.72% so far this year and 114.60% over the past 12 months. Looking at the last ten years, PAAS has achieved an annualized return of 19.06%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


Pan American Silver Corp.

1D
6.78%
1M
-20.27%
YTD
5.72%
6M
41.96%
1Y
114.60%
3Y*
47.16%
5Y*
13.99%
10Y*
19.06%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jun 12, 1995, PAAS's average daily return is +0.09%, while the average monthly return is +1.67%. At this rate, your investment would double in approximately 3.5 years.

Historically, 49% of months were positive and 51% were negative. The best month was May 2002 with a return of +53.8%, while the worst month was Oct 2008 at -47.8%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 8 months.

On a daily basis, PAAS closed higher 47% of trading days. The best single day was Nov 21, 2008 with a return of +30.1%, while the worst single day was Oct 10, 2008 at -21.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20265.39%25.82%-20.27%5.72%
202514.79%2.67%8.85%-2.52%-2.72%16.44%-4.86%26.01%14.18%-9.09%30.20%13.44%160.40%
2024-17.21%-8.21%22.50%22.28%19.86%-9.64%15.59%-11.62%3.27%12.17%-5.71%-7.97%26.61%
202311.57%-18.49%23.28%-1.63%-14.49%-4.27%15.78%-1.32%-12.51%0.90%7.94%4.28%2.50%
2022-13.22%9.04%16.07%-9.27%-10.83%-10.47%3.36%-26.33%6.72%0.63%3.28%-0.31%-33.00%
2021-5.94%1.93%-9.06%5.96%5.94%-15.07%-1.75%-7.20%-10.29%10.06%0.09%-2.23%-26.78%

Benchmark Metrics

Pan American Silver Corp. has an annualized alpha of 18.59%, beta of 0.54, and R² of 0.04 versus S&P 500 Index. Calculated based on daily prices since June 13, 1995.

  • This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (96.02%) than losses (93.40%) — typical of diversified or defensive assets.
  • Beta of 0.54 may look defensive, but with R² of 0.04 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R² of 0.04 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
18.59%
Beta
0.54
0.04
Upside Capture
96.02%
Downside Capture
93.40%

Return for Risk

Risk / Return Rank

PAAS ranks 87 for risk / return — in the top 87% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


PAAS Risk / Return Rank: 8787
Overall Rank
PAAS Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
PAAS Sortino Ratio Rank: 8383
Sortino Ratio Rank
PAAS Omega Ratio Rank: 8585
Omega Ratio Rank
PAAS Calmar Ratio Rank: 8888
Calmar Ratio Rank
PAAS Martin Ratio Rank: 9191
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Pan American Silver Corp. (PAAS) and compare them to a chosen benchmark (S&P 500 Index).


PAASBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.00

0.90

+1.11

Sortino ratio

Return per unit of downside risk

2.32

1.39

+0.93

Omega ratio

Gain probability vs. loss probability

1.34

1.21

+0.12

Calmar ratio

Return relative to maximum drawdown

3.57

1.40

+2.17

Martin ratio

Return relative to average drawdown

11.55

6.61

+4.94

Explore PAAS risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Pan American Silver Corp. provided a 0.99% dividend yield over the last twelve months, with an annual payout of $0.54 per share. The company has been increasing its dividends for 2 consecutive years.


0.00%1.00%2.00%3.00%4.00%$0.00$0.10$0.20$0.30$0.40$0.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.54$0.46$0.40$0.40$0.45$0.34$0.22$0.14$0.14$0.10$0.05$0.28

Dividend yield

0.99%0.89%1.98%2.45%2.75%1.36%0.64%0.59%0.96%0.64%0.33%4.23%

Monthly Dividends

The table displays the monthly dividend distributions for Pan American Silver Corp.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.18$0.18
2025$0.00$0.00$0.10$0.00$0.10$0.00$0.00$0.12$0.00$0.00$0.14$0.00$0.46
2024$0.00$0.00$0.10$0.00$0.10$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.40
2023$0.00$0.00$0.10$0.10$0.00$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.40
2022$0.00$0.00$0.12$0.00$0.12$0.00$0.00$0.11$0.00$0.00$0.10$0.00$0.45
2021$0.00$0.07$0.00$0.00$0.07$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.34

Dividend Yield & Payout


Dividend Yield

Pan American Silver Corp. has a dividend yield of 0.99%, which signifies it pays a smaller percentage of its stock price in dividends to its shareholders compared to other companies in the market.

Payout Ratio

Pan American Silver Corp. has a payout ratio of 17.86%, which is below the market average. This means Pan American Silver Corp. returns a smaller proportion of its earnings to shareholders as dividends, suggesting it retains a higher portion for reinvestment, growth, or debt payment.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Pan American Silver Corp.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Pan American Silver Corp. was 85.10%, occurring on Jan 19, 2016. Recovery took 1135 trading sessions.

The current Pan American Silver Corp. drawdown is 20.27%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-85.1%Apr 11, 20111201Jan 19, 20161135Jul 22, 20202336
-78.44%Feb 5, 1998796Apr 2, 2001660Nov 18, 20031456
-78.13%Mar 17, 2008175Nov 20, 2008599Apr 8, 2011774
-66.74%Aug 6, 2020896Feb 28, 2024382Sep 8, 20251278
-49.36%Feb 5, 1996359Jul 7, 1997147Feb 4, 1998506

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Pan American Silver Corp. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Pan American Silver Corp. is priced in the market compared to other companies in the Silver industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for PAAS, comparing it with other companies in the Silver industry. Currently, PAAS has a P/E ratio of 21.5. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for PAAS compared to other companies in the Silver industry. PAAS currently has a PEG ratio of 0.1. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for PAAS relative to other companies in the Silver industry. Currently, PAAS has a P/S ratio of 5.8. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for PAAS in comparison with other companies in the Silver industry. Currently, PAAS has a P/B value of 3.3. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items