# Pan American Silver Corp. (PAAS)

> Source: Nexqual · https://nexqual.com/PAAS · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Pan American Silver Corp. (PAAS), nexqual.com/PAAS" · informational, not investment advice.

**Price:** USD 41.07 (-5.91% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 43.65 · day 40.91–41.94 · 52w 33.08–69.99 · market cap $17.0B · NYQ

## Key facts
- 2 of 80 tracked superinvestors hold PAAS (13F, Q2 2026): 0 new, 0 added, 1 reduced, 1 unchanged.
- Analysts: Buy (mean 2.00 on a 1–5 scale) (8 analysts), mean target USD 60.17 (range 51–80).
- Total return with dividends: 1Y +14.5% vs S&P 500 +14.9%; 5Y +73.1% vs S&P 500 +80.3%.
- Next earnings: 2026-11-04, EPS estimate USD 0.67, revenue estimate $1.06B.

## Superinvestors (SEC 13F-HR, Q2 2026)
2 of 80 tracked investors hold PAAS. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | 0.18% | $108M | Unchanged |
| Lee Ainslie | Maverick Capital | 0.01% | $818K | Reduced -44.5% |

## Analysts
Consensus Buy (mean 2.00 on a 1–5 scale), 8 analysts; mean target USD 60.17 (low 51, high 80).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-16 | RBC Capital | Target lowered | Outperform | $65 → $56 |
| 2026-07-09 | B of A Securities | Target lowered | Buy | $77 → $69 |
| 2026-07-06 | Jefferies | Target lowered | Hold | $54 → $53 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +14.5% | +73.1% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +14.5% | +11.6% |
| Volatility (annualized) | 57.9% | 49.1% |
| Max drawdown | -39.7% (Feb 2026→Oct 2026) | -55.0% (Apr 2022→Feb 2024) |

## Peers (Gold)
RGLD (Royal Gold, Inc.) USD 234.72 -3.01% · CDE (Coeur Mining, Inc.) USD 13.88 -8.26% · AGI (Alamos Gold Inc.) USD 30.3 -4.48% · EQX (Equinox Gold Corp.) USD 10.36 -6.16% · KGC (Kinross Gold Corporation) USD 22.68 -4.79% · HMY (Harmony Gold Mining Company Lim) USD 16.21 -3.80%

## More
Full page: https://nexqual.com/PAAS · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.67 | $1.04 | -35.3% | $1.06B | 7 |
| Next quarter (ends 2026-12-31) | $0.85 | $1.16 | -26.4% | $1.04B | 4 |
| Current fiscal year (ends 2026-12-31) | $3.35 | $3.93 | -14.6% | $4.48B | 9 |
| Next fiscal year (ends 2027-12-31) | $4.28 | $4.73 | -9.6% | $4.91B | 9 |