Pan American Silver beats industry in 3 months as record cash flow, rising silver output and MAG Silver deal boost growth outlook despite a softer gold forecast.
Despite the wicked sell-off in silver and gold this year, Pan American Silver continued to benefit from significantly higher prices in Q1 versus Q4 FY25. Today I'll take a fresh look at the company, including excellent exploration results at the world-class 100% owned La Colorada mine in Mexico. I'll also present commentary on the company's 2026 guidance and review Q1 earnings estimates (the Q1 report is due out May 5th, after the market closes).
Gold mining stocks were reaching for new heights in Q1 2026, but their quest got derailed as uncertainty arose about the outlook. The war in the Middle East can cause all sorts of problems for gold and gold miners, something likely to continue in Q2 2026. While an oil crisis is a short-term headwind for gold and gold miners, the long-term impact could be more positive for both.
Stratos Wealth Advisors LLC cut its stake in shares of Pan American Silver Corp. (NYSE: PAAS) (TSE: PAAS) by 31.3% in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 61,889 shares of the basic materials company's stock after selling 28,232
Pan American Silver (PAAS) closed the most recent trading day at $55.58, moving +1.74% from the previous trading session.
I am shifting capital allocation toward scarcity-driven assets like energy, metals, infrastructure, and defense, as the abundance trade in software faces structural disruption from AI. My TOLL framework prioritizes companies with hard assets, durable competitive moats, and long-duration cash flows that are less vulnerable to AI-driven commoditization. Key investment themes include nuclear utilities (VST, CEG), copper producers (FCX), gold/silver streamers (FNV, WPM), grid/infrastructure suppliers (ETN, FIX), and defense/aerospace leaders (RTX, TDG).
PAAS posts a record $1.15B free cash flow in 2025 and boosts dividends, as rising silver output and prices set the stage for another strong year ahead.
Elevatus Welath Management bought a new position in Pan American Silver Corp. (NYSE: PAAS) (TSE: PAAS) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 65,056 shares of the basic materials company's stock, valued at approximately $3,371,000. A number of other institutional investors
Shares of Pan American Silver Corp. (NYSE: PAAS - Get Free Report) (TSE: PAAS) have been assigned a consensus recommendation of "Moderate Buy" from the nine ratings firms that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has given
Victor Dergunov, The Financial Prophet, talks his 5 step plan - raising cash, rotating into gold miners, energy, and defensive sectors amid heightened market uncertainty. Gold miners like Barrick (GOLD), Newmont (NEM), Agnico Eagle (AEM), and Kinross (KGC) are attractive after major declines, despite near-term headwinds from interest rate expectations.
