Pan American Silver (NYSE:PAAS) Upgraded by Zacks Research to “Strong-Buy” Rating

Zacks Research upgraded shares of Pan American Silver (NYSE:PAAS) (TSE:PAAS) from a hold rating to a strong-buy rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

PAAS has been the topic of several other research reports. Wall Street Zen raised shares of Pan American Silver from a “buy” rating to a “strong-buy” rating in a research note on Sunday, February 22nd. Jefferies Financial Group dropped their price target on shares of Pan American Silver from $58.00 to $54.00 and set a “hold” rating for the company in a research note on Wednesday, January 21st. Canadian Imperial Bank of Commerce set a $88.00 price objective on shares of Pan American Silver and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Scotiabank lifted their target price on shares of Pan American Silver from $47.00 to $64.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Pan American Silver in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Pan American Silver currently has an average rating of “Moderate Buy” and a consensus target price of $56.60.

Pan American Silver Trading Up 3.3%

Shares of PAAS opened at $51.51 on Tuesday. The stock’s fifty day simple moving average is $58.69 and its 200-day simple moving average is $48.08. The firm has a market capitalization of $21.73 billion, a PE ratio of 20.60, a price-to-earnings-growth ratio of 0.41 and a beta of 0.62. Pan American Silver has a 12-month low of $20.55 and a 12-month high of $69.99. The company has a quick ratio of 1.97, a current ratio of 2.69 and a debt-to-equity ratio of 0.11.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last announced its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.21. The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.11 billion. Pan American Silver had a return on equity of 16.38% and a net margin of 27.07%.The company’s revenue was up 44.7% on a year-over-year basis. During the same period last year, the company earned $0.35 earnings per share. As a group, research analysts predict that Pan American Silver will post 1.26 earnings per share for the current year.

Pan American Silver Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Monday, March 2nd were paid a $0.18 dividend. This is a boost from Pan American Silver’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.4%. Pan American Silver’s dividend payout ratio (DPR) is currently 28.80%.

Institutional Trading of Pan American Silver

Hedge funds have recently modified their holdings of the company. Veracity Capital LLC increased its stake in Pan American Silver by 1.9% in the fourth quarter. Veracity Capital LLC now owns 9,868 shares of the basic materials company’s stock valued at $511,000 after purchasing an additional 185 shares in the last quarter. Metis Global Partners LLC raised its holdings in Pan American Silver by 1.5% in the fourth quarter. Metis Global Partners LLC now owns 16,646 shares of the basic materials company’s stock worth $863,000 after purchasing an additional 239 shares during the period. Ieq Capital LLC boosted its position in shares of Pan American Silver by 2.3% during the fourth quarter. Ieq Capital LLC now owns 11,329 shares of the basic materials company’s stock worth $587,000 after purchasing an additional 259 shares in the last quarter. Linden Thomas Advisory Services LLC grew its holdings in shares of Pan American Silver by 4.2% in the 4th quarter. Linden Thomas Advisory Services LLC now owns 6,507 shares of the basic materials company’s stock valued at $337,000 after buying an additional 262 shares during the period. Finally, Harvest Portfolios Group Inc. grew its holdings in shares of Pan American Silver by 0.9% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 36,240 shares of the basic materials company’s stock valued at $1,404,000 after buying an additional 318 shares during the period. 55.43% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Pan American Silver

Here are the key news stories impacting Pan American Silver this week:

• Positive Sentiment: Revised PEA positions La Colorada as a potential top‑tier, low‑cost silver mine; management expects to fund development from internal cash flow and is preparing for construction, which supports long‑term growth and production guidance. Article Title
• Positive Sentiment: Jefferies says the revised La Colorada development plan meaningfully reduces project risk while preserving scale; the firm reiterated a Hold rating with a $66 price target, giving investors an independent validation of the plan’s de‑risking. Article Title
• Positive Sentiment: Zacks added PAAS to its Rank #1 (Strong Buy) list, which can attract momentum investors and contribute to positive sentiment. Article Title
• Positive Sentiment: Operational update: Pan American boosted silver output ~8% in 2025 and is targeting up to ~27M oz for 2026, driven by Juanicipio and La Colorada, supporting nearer‑term cash flows that could fund expansion. Article Title
• Neutral Sentiment: Peer comparison: Coverage contrasting Hecla Mining (HL) and PAAS highlights competitive dynamics—Hecla’s rising output and pipeline are noted as strengths, which keeps relative valuation and market share comparisons relevant. Article Title
• Negative Sentiment: The Revised PEA incorporates a portion of inferred resources from the La Colorada vein and other high‑grade portions—reliance on inferred resources increases geological and development uncertainty until they are converted to higher confidence categories. Article Title

Pan American Silver Company Profile

Pan American Silver Corp. (NYSE: PAAS) is a Vancouver-based mining company and one of the world’s largest primary silver producers. The company’s core activities encompass the exploration, development, extraction and processing of silver, with significant by-product production of gold, zinc and lead. Pan American Silver maintains a vertically integrated operating model, covering the full mining value chain from resource discovery through to refined metal production.

With a geographic footprint concentrated across the Americas, Pan American Silver operates multiple mines in Mexico, Peru, Argentina and Bolivia, and is advancing several development and exploration projects in Chile and Ecuador.