RankAlpha logo
Back to Rankings

PAAS

Pan American SilverB
NYSE / Materials
Last Price
Quote time unavailable
View Chart
Current thesis
Q2 attributable silver production reached the high end of the quarterly outlook, while attributable free cash flow was $344 million and shareholder returns were $300 million. Sustained cash generation and execution at La Colorada could support upside.
Posture
Constructive
Lead driver
Value
What changed
Value remains the lead driver in the composite, 7D delta +1.2.
What can break
Escobal remains non-operating, with no company-provided date for completion of consultations or a restart. [#PR-2026-08-12]
Momentum
20
Value
66
Sentiment
55
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $40.00 · Bull $51.00 · Bear $29.00Analysis 2026-10-23; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-23 • Vendor: Data Vendor v1
Scores
As of 2026-10-26 • Model: HYBRID_IC_RP
AI Memo
As of 2026-10-23 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-10-26

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-26. Definitions

Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Neutral
Target $60.38
Why
Momentum20 · Δ7d -6.0
Value66 · Δ7d +1.2
Sentiment55 · Δ7d -16.7
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Confirming evidence

  • • Value remains the lead driver in the composite, 7D delta +1.2.

Contradictions & invalidation

  • • Escobal remains non-operating, with no company-provided date for completion of consultations or a restart. [#PR-2026-08-12]
  • • Gold production and cost execution: management cited lower expected output at Jacobina and El Peñon, higher labour and consumables costs, and gold AISC likely at the high end of annual guidance. [#PR-2026-08-12]
  • • Q2 gold production missed the quarterly outlook.

Catalyst clock

2026-11-04

November 4 third-quarter results

Lead driver: Value · See fundamentals
Momentum
20
8% active weight
Current posture
7d trendSoftening
Δ7d
-6.0
Δ21d
-1.0
Value
66
47% active weight
Current posture
7d trendImproving
Δ7d
+1.2
Δ21d
+1.7
Sentiment
55
45% active weight
Current posture
7d trendSoftening
Δ7d
-16.7
Δ21d
-21.1
Why this grade

Composite grade B. Momentum 20.5 / Value 65.8 / Sentiment 54.8

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-10-23. Scenario method

B+
Bull case
20%
Probability
Target price
$51.00
Analysis reference price unavailable
Analysis 2026-10-23 · RankAlpha Sentiment Codex
Most likely
B
Base case
50%
Probability
Target price
$40.00
Analysis reference price unavailable
Analysis 2026-10-23 · RankAlpha Sentiment Codex
B-
Bear case
30%
Probability
Target price
$29.00
Analysis reference price unavailable
Analysis 2026-10-23 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-10-23
Market Cap
$16.65B
Beta
1.22
Shares Out
414.62M
P/E (TTM)
30.7
P/S (TTM)
6.89
P/FCF (TTM)
37.73
Rev YoY
+38.4%
EPS YoY
+38.2%
Gross Margin
+43.9%
Op Margin
+39.3%
Net Debt
-$467M
Current Ratio
2.94
As of 2026-10-26 • Updated nightlySource: Internal modelMethods & Data