Is PAAS a buy according to AI stock analysis?

PAAS AI stock analysis does not call Pan American Silver an automatic buy. It identifies a net-cash silver and gold producer with record trailing earnings, a Buy analyst consensus with a $65.25 average target, but a stock trading below its 50-day and 200-day moving averages, so the investment case still depends on metal prices, production, costs, capital allocation, project delivery, and jurisdiction risk.

What is the PAAS AI stock forecast?

The PAAS AI stock forecast is scenario-based, not a guaranteed target. The current framework uses a bullish range of $95 to $110, a base range of $60 to $72, and a bearish range of $25 to $35 over three years, depending on metal prices, costs, production, project spending, and valuation multiples, against an analyst consensus target of $65.25.

What technical levels matter for PAAS?

The main PAAS technical levels are support near $41.50 to $42.50, deeper risk-planning support near $40, the 20-day moving average near $43.51, the 50-day moving average near $47.26, and the 200-day moving average near $50.62. Confirm all levels in a live chart because this page uses a static data cutoff.

Can AI predict PAAS stock price?

No, AI cannot reliably predict stock prices. AI can organize PAAS filings, metal-price variables, valuation arithmetic, and technical levels, but silver and gold prices, mine results, costs, permitting, taxes, short interest, and investor sentiment can change the outcome after the data cutoff.

How should I use this PAAS AI trading strategy?

Use this PAAS AI trading strategy as a research checklist rather than personal advice. Check live price and volume, define position size and invalidation rules, monitor metals and quarterly operations, and decide whether the setup suits your time horizon and loss limit.

Why is Escobal important to PAAS?

Escobal is important because it is a major silver asset, but operations remain suspended pending a government-led ILO 169 consultation process with no stated restart date. That creates both optionality and material timing, community, and permitting uncertainty.

Why is PAAS trading below its moving averages?

PAAS peaked near the $56 to $57 area in late May 2026 and has corrected about 16.8% year to date as of July 31, 2026, while silver and gold prices pulled back from their highs, leaving the stock below the 50-day moving average near $47.26 and the 200-day near $50.62 with the 50-day below the 200-day.

Pan American Silver Corp. research snapshot

PAAS AI Stock Analysis

PAAS AI stock analysis as of the August 2, 2026 data cutoff reads Pan American Silver as a net-cash silver and gold producer with record trailing earnings, strong free cash flow, and a Buy analyst consensus, while the stock trades below its 50-day and 200-day moving averages after a drawdown from the May 2026 high. At the July 31, 2026 close the stock was $43.11, and the market capitalization was about $18.13 billion, re-verified during this full refresh as $43.11 times 421.35 million shares outstanding with 0.19% deviation across the StockAnalysis.com quote and statistics pages. The latest reported quarter, Q1 2026, delivered $1.154 billion of revenue up 49.3% year over year, $456 million of net earnings, $505 million of operating cash flow, and about $488 million of attributable free cash flow, while trailing twelve-month revenue reached $4.00 billion and net income reached $1.27 billion. The March 31, 2026 balance sheet shows $1.614 billion of cash and short-term investments against $845 million of total debt, a net cash position of $769 million. Analysts rate the stock Buy with an average target of $65.25 across nine analysts, and the second quarter 2026 results are scheduled for August 12, 2026. Offsetting this is a stock down about 16.8% year to date, a 50-day moving average near $47.26 now below the 200-day near $50.62, high sensitivity to silver and gold prices, La Colorada Skarn capital of an estimated $1.9 billion, and the still suspended Escobal mine in Guatemala. The PAAS AI stock forecast uses scenarios, not a certain price prediction, and this page is informational research, not investment advice.

Current price

$43.11 close on July 31, 2026

Market cap

$18.13 billion verified market cap

AI score

72 / 100

Rating

Net-cash silver and gold producer with record earnings but price below key moving averages

Trend status

Downtrend below the 50-day and 200-day moving averages with weak momentum

Data cutoff (updated monthly)

August 4, 2026

Informational use only. This page is not investment advice.

Research quality check

information Richness: A-level information richness. Pan American Silver has audited annual results, quarterly reporting, a June 2026 investor presentation, operating guidance, liquid NYSE and TSX listings, coverage from nine analysts, and broad third-party data coverage. The August 2, 2026 full refresh re-fetched and re-validated the $43.11 close, $18.13 billion market cap, $4.00 billion trailing revenue, $1.27 billion trailing net income, FY2025 revenue of $3.619 billion, FY2025 net income of $978 million to $980 million, and the balance sheet figures of $1.614 billion cash and short-term investments, $845 million total debt, and $769 million net cash as of March 31, 2026, which matched across StockAnalysis.com, Macrotrends, and the Pan American Silver Q1 2026 report with 0.00% to 0.19% deviation.
bias Check: The main AI bias risk is treating record metal-price-driven earnings and free cash flow as permanent. The counter-check is to test lower silver and gold prices, higher costs, a delayed Escobal restart, La Colorada Skarn construction execution, dilution, and country or tax changes, and to weigh the 9.31% short interest and the stock trading below key moving averages.
ai Confidence: High for reported FY2025 and Q1 2026 financial data, share count, market-cap arithmetic, analyst targets, and published technical snapshots. The StockAnalysis.com statistics page reports trailing EPS of $3.18 and a trailing PE of 14.32, while the income statement page reports diluted EPS of $3.11, a rounding-scale variance; a $43.11 close over $3.18 EPS gives a computed PE near 13.56. The statistics page reports a forward PE of 10.03, while the forecast page lists a 11.46 forward PE for FY2026 using the $3.76 consensus estimate, so the statistics multiple uses a different forward estimate basis. Medium for forward returns because metal prices, mine plans, regulations, and market multiples can move quickly.
investment Certainty: Medium. Pan American has a net-cash balance sheet, visible free cash flow, and a diversified operating base, but the stock trades below its key moving averages and actual investment outcomes remain tied to volatile commodity prices, geology, project execution, and Latin American jurisdiction risk.

Quick verdict table

Dimension	Conclusion	Confidence
Business quality	Pan American sells silver, gold, zinc, lead, and copper from mines in the Americas, earning the spread between realized metal prices and mining, processing, and sustaining costs, with trailing revenue near $4.00 billion and a trailing operating margin near 38.85%.	High
Moat	The moat is asset and execution based: producing mines, mineral reserves, technical teams, processing infrastructure, local relationships, and a balance sheet that can fund projects through cycles.	Medium-high
Management	CEO Michael Steinmann is balancing an enhanced shareholder-return framework with funding for La Colorada Skarn, mine optimization, exploration, and disciplined operating delivery, while the June 2026 investor presentation emphasizes growth optionality in Escobal and Navidad.	Medium-high
Financial trend	FY2025 revenue was $3.619 billion and net earnings were $978 million to $980 million. Q1 2026 added $1.154 billion of revenue up 49.3%, $456 million of net earnings, and $505 million of operating cash flow, lifting trailing revenue to about $4.00 billion.	High
Valuation	At $43.11, StockAnalysis.com reported a trailing PE of 14.32, a forward PE of 10.03, a price-to-book of 2.46, and a price-to-free-cash-flow of 13.84, with a 1.44% dividend yield.	Medium-high
Technical trend	The July 31, 2026 snapshot put PAAS at $43.11, below the 50-day moving average near $47.26 and the 200-day near $50.62, with 14-day RSI near 43.85 and 14-day ADX near 16, so momentum was weak and the trend was not established.	Medium
Risk level	Risk is high because silver and gold prices, mine costs, reserve grades, project capital, permitting, community consultation, country exposure, and foreign exchange can all change value rapidly, and about 9.31% of shares are short.	High
AI confidence	Historical financial facts and valuation arithmetic have high data confidence. Forward metal prices, project outcomes, and share-price paths have lower confidence.	High data confidence
Investment certainty	Medium certainty because a strong balance sheet and record recent operating results do not remove the cyclicality, the technical downtrend, and the execution risk of a multi-jurisdiction miner.	Medium

PAAS AI stock forecast

PAAS AI Stock Forecast Scenarios

The PAAS AI stock forecast uses a three-year scenario framework around the $43.11 cutoff price and the FY2026 consensus EPS of $3.76. The financial-rigor model produced values near $103 in the bullish case, $68 in the base case, and $30 in the bearish case using explicit EPS-growth and terminal-PE assumptions. These are sensitivity cases, not price targets or promises, and they sit against an analyst consensus target of $65.25 with a range of $49 to $94.

Bullish case

$95 to $110

More likely if silver and gold prices remain supportive, 2026 production and costs meet or beat guidance, free cash flow stays strong, La Colorada Skarn advances on budget, shareholder returns continue, Q2 2026 results confirm momentum on August 12, and PAAS reclaims its 50-day and 200-day moving averages on strong volume.

Base case

$60 to $72

More likely if metal prices and operating margins normalize near current levels, the net-cash balance is maintained after growth spending, the technical downtrend stabilizes, and the market applies a mid-cycle multiple to forward earnings.

Bearish case

$25 to $35

More likely if silver or gold prices fall sharply, costs or taxes rise, mine output misses plan, La Colorada spending expands without adequate returns, Escobal remains suspended, short interest rises further, or the stock breaks below the $40 area.

PAAS AI technical analysis

PAAS AI Technical Analysis

PAAS AI technical analysis uses public market data available at the August 2, 2026 cutoff. The latest available close was $43.11 on July 31, 2026, below the 50-day moving average near $47.26, the 100-day near $51.37, and the 200-day near $50.62, with 14-day RSI near 43.85 and 14-day ADX near 16.29. The 50-day moving average has moved below the 200-day, a bearish cross, and 14-day historical volatility was near 37.5%. This static page does not fetch request-time chart data, so confirm every level in a live chart before acting.

Level	Value	Why it matters
Current price	$43.11	Latest available regular-session close used for this page, dated July 31, 2026.
Near support	$41.50 to $42.50	This range brackets the July 16 intraday low near $41.55 and the July 8 low near $41.63 and is a monitoring zone, not a guaranteed floor.
Deeper support	$40.00	A round-number risk-planning level that should be validated with live price history and metal-price conditions.
20-day moving average	$43.51	Barchart reported the 20-day moving average near $43.51 on July 31, 2026, just above the close.
Near resistance	$44 to $46	The stock needs to reclaim the 20-day moving average near $43.51 and then work toward the $44 to $46 supply zone before the averages turn.
50-day moving average	$47.26	Barchart and StockAnalysis.com both reported the 50-day moving average near $47.26 around the cutoff.
100-day moving average	$51.37	Barchart reported the 100-day moving average near $51.37, still above price on July 31, 2026.
200-day moving average	$50.62	Barchart and StockAnalysis.com both reported the 200-day near $50.62; price below this long-term average keeps the technical read cautious.
Momentum	RSI near 44, ADX near 16	14-day RSI was near 43.85, soft but not oversold, and 14-day ADX near 16.29 signaled a weak, non-trending market.
Volume	About 3.8 million average shares over 20 days	Barchart listed 20-day average volume near 3.83 million shares and StockAnalysis.com near 3.68 million; breakouts and breakdowns deserve more weight when volume is above the recent average.
Volatility	High metal-price and event sensitivity	Barchart reported 14-day historical volatility near 37.5% and 50-day near 50.8%, so position sizing should account for larger swings around reports, guidance, and metal-price moves.
Invalidation	Sustained close below $41.50	A confirmed break below the July support zone and the $40 area would require a fresh review of price action, metals, and operating assumptions.

PAAS AI trading strategy

PAAS AI Trading Strategy Framework

The PAAS AI trading strategy is a rules-based research framework, not personalized advice. Pair it with live price and volume data, defined position size, invalidation rules, silver and gold prices, mine results, costs, capital spending, and current filings.

Trend-following setup

Wait for PAAS to reclaim and hold the 20-day moving average near $43.51 and then the 50-day near $47.26, and assess whether volume, silver and gold prices, Q2 2026 results on August 12, and operating data support the move.

A failed reclaim or a close below the selected support level should invalidate the setup before losses become open-ended.

Mean-reversion setup

If PAAS stabilizes near $41.50 to $42.50 while metals remain firm, compare the price move with production guidance, AISC, inventory, free cash flow, net cash, and the expected La Colorada capital profile.

Do not average down only because RSI is weak. Reassess if metals fall, costs rise, production slips, project spending expands, or country and permitting risk worsens.

Fundamental monitor

Track silver and gold prices, attributable production, AISC, revenue, operating cash flow, free cash flow, cash, debt, share count, buybacks, dividends, La Colorada milestones, Escobal consultation, short interest, and quarterly guidance.

Reduce confidence when valuation depends on high metal prices without matching production, cost, balance-sheet, and capital-allocation execution.

Investment research summary

Four-master Research Compression

Business essence

Pan American turns mineral reserves, producing mines, processing plants, and operating know-how into sales of silver, gold, zinc, lead, and copper. Its economic result depends on ounces sold, realized prices, recovery rates, and mine costs.

Moat

The defensible advantage is not consumer branding. It is the difficulty of replicating a permitted mine portfolio, mineral inventory, technical teams, plants, infrastructure, local operating relationships, and funding capacity across multiple jurisdictions.

Munger risk inversion

The thesis can fail if silver and gold prices retreat, costs rise faster than realized prices, grades or recoveries disappoint, reserves are not replaced, major projects overrun, Escobal remains suspended, or governments and communities demand more of the economics.

Management

Management is being tested on capital allocation: preserving the net-cash position, funding La Colorada Skarn and optimization work at sensible returns, maintaining safe production, and returning surplus cash without assuming peak metal prices will last.

Industry trend

Silver benefits from monetary demand and industrial applications, while gold remains a monetary and jewelry metal. New large mines are difficult to permit and build, but miners still face cyclicality, inflation, environmental duties, and jurisdiction risk, and the stock has fallen about 16.8% year to date even as metal prices stayed firm.

Valuation and margin of safety

At $43.11, PAAS is valued on strong trailing metal-price conditions and cash flow, with a forward PE near 10 to 11.5 depending on the estimate basis. A margin of safety requires conservative assumptions about normalized silver and gold prices, mine costs, tax and permitting conditions, project capital, dilution, and the durability of shareholder returns.

Source-backed data

PAAS Data Table

Every metric below includes a source and last verification date.

Metric	Value	Source	Last verified
Current price and market capitalization	$43.11 close on July 31, 2026 multiplied by 421.35 million shares equals $18.16 billion, versus the reported $18.13 billion, a 0.19% verification variance.	StockAnalysis.com PAAS quote and statistics; Pineify tools/financial_rigor.py	August 2, 2026
Share count	421.35 million common shares outstanding at May 5, 2026	Pan American Silver Q1 2026 report and StockAnalysis.com	August 2, 2026
FY2025 revenue	$3.619 billion, cross-validated between Pan American Silver audited results, StockAnalysis.com, and Macrotrends with 0.00% deviation	Pan American Silver FY2025 report, StockAnalysis.com, Macrotrends	August 2, 2026
FY2025 net earnings	$980 million from the audited company report and $978 million from StockAnalysis.com and Macrotrends, a 0.10% presentation difference	Pan American Silver FY2025 report, StockAnalysis.com, and Macrotrends	August 2, 2026
Q1 2026 operating results	$1.154 billion revenue up 49.3% year over year, $456 million net earnings, $505 million operating cash flow, and about $488 million attributable free cash flow	Pan American Silver Q1 2026 report and Macrotrends quarterly revenue	August 2, 2026
Trailing twelve-month results	Revenue near $4.00 billion, net income near $1.27 billion, operating cash flow of $1.66 billion, capital expenditures of $350 million, and free cash flow of $1.31 billion as of the quarter ended March 31, 2026	StockAnalysis.com income statement and cash flow statement	August 2, 2026
Cash and debt	$1.614 billion cash and short-term investments, $845 million total debt, and about $769 million net cash, cross-validated between Pan American Silver and StockAnalysis.com with 0.00% deviation	Pan American Silver Q1 2026 report and StockAnalysis.com balance sheet	August 2, 2026
2026 operating context	Management said 2026 guidance remained on track in Q1, while La Colorada Skarn had an initial $265 million approved spend within an estimated $1.9 billion total investment; the June 2026 investor presentation emphasized Escobal and Navidad optionality.	Pan American Silver Q1 2026 report and June 2026 investor presentation	August 2, 2026
Upcoming catalyst	Second quarter 2026 unaudited financial results scheduled for August 12, 2026, after the August 2, 2026 data cutoff	Pan American Silver news release July 9, 2026	August 2, 2026
Analyst consensus	Buy with an average price target of $65.25 across nine analysts, low $49 and high $94, median $65	StockAnalysis.com forecast and analyst ratings	August 2, 2026
FY2026 and FY2027 consensus estimates	FY2026 revenue estimate $4.75B with EPS $3.76, FY2027 revenue $5.24B with EPS $4.57, FY2026 dividend per share $0.72	StockAnalysis.com forecast financial forecast	August 2, 2026
Recent analyst target updates	Scotiabank Buy $46 to $68 on July 14, 2026, Bank of America Buy $77 to $69 on July 9, 2026, RBC Capital Buy $65 on July 8, 2026, Jefferies Hold $53 on July 6, 2026, CIBC Buy $94 on June 8, 2026	StockAnalysis.com forecast analyst ratings feed	August 2, 2026
Short interest	39.23 million shares short, 9.31% of shares outstanding, 0.99 days to cover	StockAnalysis.com statistics short selling	August 2, 2026
Valuation check	Trailing PE 14.32, forward PE 10.03, price-to-book 2.46, price-to-free-cash-flow 13.84, EV/EBITDA 8.92, EV/FCF 13.26, dividend yield 1.44%, dividend payout 19.47%	StockAnalysis.com statistics	August 2, 2026
Financial-rigor verification	Market-cap math passed at 0.19% variance; FY2025 revenue, FY2025 net income, Q1 2026 revenue and cash, and FY2025 cash flow cross-validation passed; valuation and three-scenario calculations were run locally.	Pineify tools/financial_rigor.py local run	August 2, 2026
Technical snapshot	20-day moving average $43.51, 50-day moving average $47.26, 100-day moving average $51.37, 200-day moving average $50.62, 14-day RSI 43.85, 14-day ADX 16.29, 14-day historical volatility 37.5%	Barchart and StockAnalysis.com technical snapshots	August 2, 2026

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This PAAS AI stock analysis page is an informational tool only. It is not investment advice, a solicitation, or a guarantee of returns. Forecast ranges are scenarios based on available public data as of August 2, 2026 and can be wrong if metal prices, costs, production, taxes, permitting, project outcomes, valuation multiples, or market conditions change.