Pan American Silver (PAAS) closed at $43.65 in the latest trading session, marking a -1.45% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.58% for the day. On the other hand, the Dow registered a gain of 0.69%, and the technology-centric Nasdaq increased by 1.05%.
The silver mining company's stock has dropped by 12.9% in the past month, falling short of the Basic Materials sector's loss of 5.06% and the S&P 500's gain of 0.97%.
The investment community will be closely monitoring the performance of Pan American Silver in its forthcoming earnings report. The company is scheduled to release its earnings on November 4, 2026. On that day, Pan American Silver is projected to report earnings of $0.7 per share, which would represent year-over-year growth of 45.83%. Simultaneously, our latest consensus estimate expects the revenue to be $1.04 billion, showing a 22.03% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.38 per share and revenue of $4.49 billion, indicating changes of +33.07% and +24%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Pan American Silver. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 12.12% fall in the Zacks Consensus EPS estimate. Pan American Silver is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Pan American Silver's current valuation metrics, including its Forward P/E ratio of 13.1. This represents a premium compared to its industry average Forward P/E of 12.06.
Investors should also note that PAAS has a PEG ratio of 4.91 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Mining - Silver industry had an average PEG ratio of 4.91 as trading concluded yesterday.
The Mining - Silver industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 87, finds itself in the top 36% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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Pan American Silver Corp. (PAAS): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).