TSX closed
Loading markets…
Stocks

Why Pan American Silver Corp stock is tanking today

By Wealth Awesome -

This move is archived. Current quotes and coverage live on the stock page.

Stocks & ETFs:PAAS.TO

Follow PAAS

Photos provided by Pexels

Pan American Silver Corp (PAAS.TO) has seen a significant drop in its stock price, closing down nearly 2% in the last trading session.

In a challenging trading day for Pan American Silver Corp, the stock fell by 1.98%, closing at CA$71.31. This decline comes amidst a broader market context where silver prices and mining stocks are under pressure, raising concerns among investors about the company's near-term performance.

Investor takeaway: Investors should remain cautious as Pan American Silver's recent performance may indicate underlying weaknesses, particularly in the context of a volatile market for precious metals.

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.

Pan American Silver Corp (PAAS.TO) down 1.98% in one day

The stock has decreased by 7.65% over the past month, indicating a troubling trend as it struggles to keep pace with sector gains.

Bull case

Despite today’s loss, analysts are optimistic about Pan American Silver. They see strong earnings potential and note recent upgrades to its business strategy, which could lead to future growth.

Bear case

The recent drop in stock price reflects investor concerns about the company’s performance in a tough market. It has underperformed compared to the Basic Materials sector, which raises red flags for many investors.

Market Context for Silver Stocks

The decline in Pan American Silver's stock price mirrors broader market trends affecting the silver mining sector. With silver prices fluctuating and investor sentiment shifting, companies like PAAS are feeling the pressure. The Basic Materials sector has seen gains, making Pan American's underperformance particularly concerning.

Recent Performance and Analyst Outlook

Despite the recent downturn, analysts have upgraded Pan American Silver to a Zacks Rank of #2 (Buy), showing optimism about its earnings potential. However, the stock's recent 7.65% decline over the past month raises questions about its ability to capitalize on this positive outlook. Investors should keep an eye on upcoming earnings reports to better understand the company’s trajectory.

Looking Ahead: Investor Considerations

As Pan American Silver navigates this challenging period, investors should weigh the potential for recovery against the risks posed by market volatility. With earnings estimates remaining steady, the company may rebound, but today’s performance serves as a reminder of the inherent risks in the mining sector.

Wealth Awesome
Written by

Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

View Full Profile →

✅ 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.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ 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: June 18, 2026
Last Updated: June 18, 2026

Core portfolio

Awesome Portfolio™

14.8% a year since 2017, against 9.7% for the S&P/TSX Composite. Ten stocks, easy to manage. We update it once a month.

Annualized

+14.8%

Awesome Portfolio™

+9.7%

S&P/TSX

+5.0 pp better a year

Total return

+254%

Awesome Portfolio™

+134%

S&P/TSX

+119 pp better than the TSX

2017-07-31 to 2026-09-29, dividends reinvested, before fees and tax.

Awesome Portfolio™S&P/TSX CompositeCumulative return · 2017-07-31–2026-09-29
-11.7%42.5%96.7%150.9%205.1%259.3%Jul 17Oct 19Feb 22Jun 24Sep 26