
Pan American Silver Corp.
NASDAQ•PAAS
CEO: Mr. Michael Steinmann P.Geo., Ph.D.
Sector: Basic Materials
Industry: Silver
Listing Date: 1995-06-12
Pan American Silver Corp. engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil. The company was formerly known as Pan American Minerals Corp. and changed its name to Pan American Silver Corp. in April 1995. Pan American Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.
Contact Information
Seymour Street, Suite 2100 – 733, Vancouver, BC, V6C 0S6, Canada
604-684-1175
Market Cap
$20.50B
P/E (TTM)
33.3
0
Dividend Yield
0.8%
52W High
$57.19
52W Low
$20.55
52W Range
Rank54Top 78.1%
2.7
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2025 Data
Revenue
$854.60M+19.34%
4-Quarter Trend
EPS
$0.44+175.00%
4-Quarter Trend
FCF
$217.60M+44.01%
4-Quarter Trend
2024 Annual Earnings Highlights
Key Highlights
Effective Disclosure Controls Procedures CEO and CFO concluded disclosure controls and procedures were effective as of December 31, 2024, ensuring timely reporting compliance.
High Share Count Confirmed Registrant confirmed 363,040,341 Common Shares outstanding as of December 31, 2024, providing clarity on capital structure.
Stable Internal Control Environment No material changes in internal control over financial reporting occurred during the period covered by the 2024 annual report filing.
Risk Factors
Mineral Resource Standard Risk Mineral resource estimates use Canadian NI 43-101 standards, which differ significantly from US SEC requirements, potentially impacting comparability.
Foreign Private Issuer Status As a foreign private issuer, the Registrant may use NYSE exemptions, potentially offering less protection than US domestic issuers.
Off-Balance Sheet Disclosure The Registrant is not party to any material off-balance sheet arrangements that could affect financial condition or liquidity.
Outlook
Commitment to Regulatory Inquiries Registrant undertakes to make representatives available to respond promptly to inquiries made by the SEC staff regarding securities and transactions.
Continued Compliance Filing The company confirms filing all required reports under Section 13 or 15(d) of the Exchange Act during the preceding 12 months.
Audit Committee Expertise Maintained Jennifer Maki, determined to be an independent audit committee financial expert, served throughout 2024, ensuring strong oversight.
Peer Comparison
Revenue (TTM)
PKX$49.83B
CX$15.83B
$13.92B
Gross Margin (Latest Quarter)
73.5%
AGI56.4%
CDE55.1%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| SQM | $23.13B | 46.4 | 9.2% | 40.2% |
| PAAS | $20.50B | 33.3 | 12.0% | 9.4% |
| PKX | $18.22B | 56.5 | 0.9% | 26.9% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.6%
Moderate Growth
4Q Net Income CAGR
16.1%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Next earnings:Feb 18, 2026
EPS:$0.87
|Revenue:$1.11B
Reports
All Years
Form 40-F - FY 2024
Period End: Dec 31, 2024|Filed: Feb 19, 2025|Revenue: $2.82B+21.7%|EPS: $0.31+196.9%MissForm 40-F - FY 2023
Period End: Dec 31, 2023|Filed: Mar 26, 2024|Revenue: $2.32B+55.0%|EPS: $-0.32+80.2%MissForm 40-F - FY 2022
Period End: Dec 31, 2022|Filed: Feb 22, 2023|Revenue: $1.49B-8.5%|EPS: $-1.62-452.2%MissForm 40-F - FY 2021
Period End: Dec 31, 2021|Filed: Feb 24, 2022|Revenue: $1.63B+22.0%|EPS: $0.46-45.9%MissForm 40-F - FY 2020
Period End: Dec 31, 2020|Filed: Feb 18, 2021|Revenue: $1.34B-0.9%|EPS: $0.85+54.5%Miss