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PAASPan American Silver Corp.Buy Wait7.0·$45.31
Buy WaitModerate Confidence
Investment thesis

Pan American Silver combines a perfect Piotroski F-Score of 9 out of 9, a wide economic moat, 49% year-over-year revenue growth, and a PEG ratio of 0.08, making it one of the strongest fundamental profiles in the dataset, though sector concentration caps and a recent 7.4% gap-up create near-term entry timing risk.

Thesis pillars

  • Deep Value Peg Ratio↓Deteriorating
  • Gap Up Pullback Risk↓Deteriorating
  • Wide Economic Moat And Quality→Stable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Pan American Silver Corp. (PAAS) Stock Analysis

Temporary headwind edge

Buy WaitValueGrowthQualityModerate Confidence

Basic Materials · Gold

Wait for pullback to $43.30. Weak momentum — blocks BUY_NOW at $45.31. Engine's entry $43.30 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Sector modifier (Basic Materials): -0.1; Negative momentum.

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. The Silver segment includes the La Colorada, Juanicipio, Cerro Moro,... Read more

$45.31+23.9% A.UpsideScore 7.0/10#10 of 44 Gold
QualityF-score9 / 9FCF yield7.17%
IncomeYield1.66%(5y avg 1.65%)Payout18.34%sustainable
Entry $43.30(Atr Pullback Sticky)Stop $40.27Target $56.14(analyst − 13%)A.R:R 3.2:1
Analyst target$64.53+42.4%8 analysts
$56.14our TP
$45.31price
$64.53mean
$94

Wait for pullback to $43.30. Weak momentum — blocks BUY_NOW at $45.31. Engine's entry $43.30 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Sector modifier (Basic Materials): -0.1; Negative momentum. Chart setup: No clear chart pattern; technical signals are mixed. Quality-value play. Wait for momentum improvement. Score 7.0/10, moderate confidence.

Passes 7/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 27d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-10-09
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Nov 4, 202627d to earnings· next earnings call

Thesis

Rewards
V7 flight-to-quality bonus: +0.5 (Q=8.7 in RISK_OFF)
Strong earnings beat streak (3/4)
Strong overall score: 7.0/10
Risks
Sector modifier (Basic Materials): -0.1
Negative momentum

Key Metrics

P/E (TTM)13.6
P/E (Fwd)9.7
Mkt Cap$18.4B
EV/EBITDA8.3
Profit Mgn32.0%
ROE22.4%
Rev Growth38.4%
Beta1.58
Dividend1.66%
Rating analysts11

Quality Signals

Piotroski F9/9MoatWideCompounder✓

Options Flow

P/C1.14bearish
IV52%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker·2 ceiling hits

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Macd
0.0
Ma Position
2.2
Volume
3.4
Rsi
3.5
Obv
10.0
Volume accumulation (rising OBV)Below 200-MA but MA still rising (+1.8%/30d) — pullback in uptrend, not confirmed weakness
GatesMomentum 3.8<4.5A.R:R 3.2 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 27d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
34 · Neutral
↓ 20D MA↓ 50D MA↓ 200D MADEATH CROSSSupport $43.75Resistance $51.96

Price Targets

$40
$43
$56
A.Upside+23.9%
A.R:R3.2:1

Position Sizing

ConvictionHigh conviction
Suggested %1.7%
Max %3.4%
RegimeRisk-Off

Risk Alerts

! momentum at 3.8 (below the engine's 4.5 threshold)

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-11-04 (27d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is PAAS stock a buy right now?

Wait for pullback to $43.30. Weak momentum — blocks BUY_NOW at $45.31. Engine's entry $43.30 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Sector modifier (Basic Materials): -0.1; Negative momentum. Chart setup: No clear chart pattern; technical signals are mixed. Quality-value play. Wait for momentum improvement. Target $56.14 (+23.9%), stop $40.27 (−12.5%), A.R:R 3.2:1. Score 7.0/10, moderate confidence.

What is the PAAS stock price target?

Take-profit target: $56.14 (+23.9% upside). Target $56.14 (+23.9%), stop $40.27 (−12.5%), A.R:R 3.2:1. Stop-loss: $40.27.

What are the risks of investing in PAAS?

Sector modifier (Basic Materials): -0.1; Negative momentum.

Is PAAS overvalued or undervalued?

Pan American Silver Corp. trades at a P/E of 13.6 (forward 9.7). TrendMatrix value score: 8.4/10. Verdict: Buy (Wait for Entry).

What do analysts say about PAAS?

11 analysts cover PAAS with a consensus score of 4.0/5. Average price target: $65.

What does Pan American Silver Corp. do?Pan American Silver Corp. engages in the exploration, mine development, extraction, processing, refining, and...

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. The Silver segment includes the La Colorada, Juanicipio, Cerro Moro, Huaron, and San Vicente mines. The Gold segment comprises the Jacobina, El Peñon, Timmins, Shahuindo, Minera Florida, and Dolores mines. It explores silver, gold, zinc, lead, and copper deposits. 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.

Related stocks: GFI (Gold Fields Limited) · FSM (Fortuna Mining Corp.) · IAG (Iamgold Corporation) · OGC (OceanaGold Corporation) · KGC (Kinross Gold Corporation)
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