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PAAS · NYSE · STOCK

Pan American Silver Corp.

Basic Materials Updated August 11, 2026
$51.80
52W $30.59 – $69.99
69/100
$21.82B
16.5
1.54
AI Committee Verdict
Buy
69/100
Conviction: High · 83% agreement · 6 analysts
High

Is PAAS Bullish or Bearish?

Bullish. Innellis AI committee rates Pan American Silver Corp. (PAAS) Buy with a composite score of 69/100 , based on 6 analysts with 83% agreement. Last updated August 11, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +6.46 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -13.54 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The primary driver is revenue growing 33.7% yoy -- genuine top-line momentum. The main limiting factor is rsi at 82 is in overbought territory. The committee is constructive but not yet at full conviction.

Bull & Bear Case

Bull Case
  • ROE of 19.5% shows genuine earnings power backing the valuation — Value
  • Revenue growing 33.7% YoY -- genuine top-line momentum — Growth
  • EPS growing 263.1% YoY — Growth
  • MACD histogram positive -- bullish momentum — Technical
  • Low leverage (debt-to-equity 0.12) -- balance sheet can absorb a shock — Risk
  • VIX regime is low -- calm backdrop supports risk-taking — Macro
Bear Case
  • RSI at 82 is in overbought territory — Technical
  • Price trading above the upper Bollinger Band -- stretched — Technical
  • Bollinger bandwidth of 28.6% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 11, 2026
Overall Committee Score
69/100
Agreement
83%
Analysts
6
Conviction
High
Sector Rank
Top 7%
of 95 Basic Materials peers
Value Analyst bullish
65 / 100 · High confidence
Classic value case: cheap on multiples with earnings power to back it up
+ ROE of 19.5% shows genuine earnings power backing the valuation
Growth Analyst bullish
85 / 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 33.7% YoY -- genuine top-line momentum
Technical Analyst neutral
48 / 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
− RSI at 82 is in overbought territory
Risk Analyst bullish
62 / 100 · Moderate confidence
Risk profile is manageable -- leverage, volatility, and event exposure all look contained
+ Low leverage (debt-to-equity 0.12) -- balance sheet can absorb a shock
− Bollinger bandwidth of 28.6% signals elevated volatility
Macro Analyst bullish
78 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst bullish
74 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.50 across 12 articles, 14d)
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 2 existing position pair(s) are highly correlated already
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Technical Analysis

RSI (14)
81.7
Overbought
MACD Histogram
1.169
Bullish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Mixed
Support
$50.46
Resistance
$64.86
Bollinger %B
1.01
Above Upper Band
Price vs Moving Averages
EMA 9
$48.45 Above
EMA 21
$46.56 Above
EMA 50
$47.31 Above
EMA 200
$47.95 Above

Fundamental Analysis

Valuation
90
Profitability
83
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio 16.5×
P/B Ratio 2.97×
PEG Ratio 0.06
Dividend Yield 1.20%
52W High $69.99
52W Low $30.59
Quality & Growth
ROE 1424.8%
ROA 1023.3%
Gross Margin 4379.3%
Operating Margin 3789.5%
Revenue Growth YoY
Debt / Equity 0.11
AI Fundamental Assessment
[reduced confidence: limited earnings history] P/E ratio of 16.5 (inexpensive relative to a 15-40x range); Price-to-book of 3.0x; PEG ratio of 0.1 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 14.2%; Return on assets of 10.2%; Net margin of 31.7%; Gross margin of 43.8%; Current ratio of 2.84 (healthy short-term liquidity); Debt-to-equity of 0.11; Free cash flow per share is positive (3.24); Earnings-history trend unavailable; growth based on TTM year-over-year only.
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