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Pan American Silver Falls 2.76% on Oct. 29: What Investors Should Know

By Wealth Awesome -

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Stocks & ETFs:PAAS.TO

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Pan American Silver closed at C$53.71 on Oct. 29, down 2.76% for the day. The supplied headline says the stock fell more than the broader market, but the available figures don’t include a market return or explain the decline.

Investor takeaway: The figures confirm a daily drop of 2.76%, but don’t show what caused it.

Pan American Silver closed at C$53.71

Pan American Silver Corp

PAAS.TO

Full stock page →

PAAS.TO

Pan American Silver Corp

Source:WealthAwesomeWealthAwesome
↓ $23.36 (-29.06%)
120 day period
$56.21$71.52$86.82May 8Aug 5Oct 29

Market cap

$24.31B

P/E

12.6x

Div. yield

1.06%

Div. / share

$0.62

52W high

$94.49

52W low

$45.98

1W change

-0.94%

Beta

1.58

Analyst Price Targets

Based on analyst covering PAAS · as of Oct 30, 2026

📈

Wall Street analysts forecast PAAS stock price to rise 59.5% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$90.95

+59.5% Upside

Previously C$91.34 on Oct 29, 2026

Current Price

C$57.02

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on PAAS's historical volatility

HistoricalForecast68%95%
C$27.49C$39.48C$51.47C$63.46C$75.45C$87.43TodayJun 22Aug 26Oct 29Dec 11Jan 24Mar 8

30-Day Vol

45.9%

Annualized

90-Day Vol

49.8%

Annualized

Trend (90d)

-42.2%

Annualized drift

90d Mean

C$49.05

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$54.23C$46.29 – C$63.53
60 trading daysC$51.57C$41.23 – C$64.52
90 trading daysC$49.05C$37.28 – C$64.53

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Trading volume was 94,878 shares, compared with a 20-day average of 829,686.

Bull case

Pan American Silver reported a 32.0% profit margin, 22.4% return on equity and C$4.67 in trailing-twelve-month EPS. These figures offer company context, but don’t explain the Oct. 29 decline.

Bear case

The shares fell 12.92% over one month and 17.82% year to date. The available information doesn’t explain those declines or the Oct. 29 move.

What happened: shares fell 2.76%

Pan American Silver closed at C$53.71 on Oct. 29, down 2.76% for the session. The supplied headline says the decline was steeper than the broader market, but no benchmark return is provided to measure the difference. Nor do the available facts point to a company announcement or other specific reason for the drop. The headline describes the stock’s performance relative to the market, not what caused it. See the Pan American Silver stock page for listing details.

What the numbers show: a daily drop amid weaker recent performance

The shares were down 0.94% over one week, 12.92% over one month and 17.82% year to date. Reported volume was 94,878 shares, compared with a 20-day average of 829,686 shares. The supplied volume comparison is 1.55x, but the figures don’t explain how volume relates to the day’s decline.

The closing price was below the supplied 50-day moving average of C$66.88 and 200-day moving average of C$72.18. These figures show where the price stood relative to recent averages, but don’t explain the stock’s movements.

What to watch next: the cause remains unspecified

The available facts don’t identify a company-specific reason for the Oct. 29 decline or provide a broader-market return for comparison. A separate Oct. 28 headline said the company was expected to report earnings the following week, but no results or confirmed reporting date are provided. That’s background, not an explanation for the share-price move. Check the PAAS.TO stock page for updates. The information here doesn’t establish what will drive the stock’s next move.

Wealth Awesome
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Wealth Awesome

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: October 30, 2026
Last Updated: October 30, 2026

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