Pan American Silver Stock Net Income

PAAS Stock  CAD 88.34  3.27  3.84%   
As of the 23rd of January, Pan American holds the Risk Adjusted Performance of 0.2262, coefficient of variation of 335.04, and Semi Deviation of 1.67. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pan American, as well as the relationship between them.

Pan American Total Revenue

3.4 Billion

Pan American's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Pan American's valuation are provided below:
Gross Profit
1.5 B
Profit Margin
0.1948
Market Capitalization
35.9 B
Enterprise Value Revenue
7.3905
Revenue
3.3 B
We have found one hundred twenty available trending fundamental ratios for Pan American Silver, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Pan American's recent fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 23rd of January 2026, Market Cap is likely to grow to about 5 B. Also, Enterprise Value is likely to grow to about 5.4 B This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income97 M101.9 M
Net Income From Continuing Ops129.6 M136.1 M
Net Income Applicable To Common Shares128.2 M134.6 M
Net Income Per Share 0.28  0.29 
Net Income Per E B T 0.30  0.28 
At this time, Pan American's Net Income is very stable compared to the past year. As of the 23rd of January 2026, Net Income From Continuing Ops is likely to grow to about 136.1 M, while Net Income Per E B T is likely to drop 0.28.
  

Latest Pan American's Net Income Growth Pattern

Below is the plot of the Net Income of Pan American Silver over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Pan American Silver financial statement analysis. It represents the amount of money remaining after all of Pan American Silver operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Pan American's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pan American's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 107.8 M10 Years Trend
Pretty Stable
   Net Income   
       Timeline  

Pan Net Income Regression Statistics

Arithmetic Mean(16,956,676)
Geometric Mean102,492,534
Coefficient Of Variation(1,409)
Mean Deviation185,537,484
Median97,428,000
Standard Deviation238,874,467
Sample Variance57061T
Range898.1M
R-Value0.15
Mean Square Error59509.4T
R-Squared0.02
Significance0.57
Slope7,059,824
Total Sum of Squares912976.2T

Pan Net Income History

2026105.4 M
2025100.3 M
2024111.5 M
2023-103.7 M
2022-340.1 M
202197.4 M
2020177.9 M

Pan Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Pan American is extremely important. It helps to project a fair market value of Pan Stock properly, considering its historical fundamentals such as Net Income. Since Pan American's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Pan American's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Pan American's interrelated accounts and indicators.
Please note, there is a significant difference between Pan American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pan American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pan American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Pan American 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Pan American's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Pan American.
0.00
10/25/2025
No Change 0.00  0.0 
In 3 months and 1 day
01/23/2026
0.00
If you would invest  0.00  in Pan American on October 25, 2025 and sell it all today you would earn a total of 0.00 from holding Pan American Silver or generate 0.0% return on investment in Pan American over 90 days. Pan American is related to or competes with Alamos Gold, Ivanhoe Mines, Lundin Mining, Endeavour Mining, Lundin Gold, Fortuna Silver, and Silvercorp Metals. Pan American Silver Corp., together with its subsidiaries, engages in the exploration, development, extraction, processi... More

Pan American Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pan American's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Pan American Silver upside and downside potential and time the market with a certain degree of confidence.

Pan American Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pan American's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pan American's standard deviation. In reality, there are many statistical measures that can use Pan American historical prices to predict the future Pan American's volatility.
Hype
Prediction
LowEstimatedHigh
85.2188.3491.47
Details
Intrinsic
Valuation
LowRealHigh
79.5191.9295.05
Details
Naive
Forecast
LowNextHigh
85.6888.8191.94
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.520.870.59
Details

Pan American January 23, 2026 Technical Indicators

Pan American Silver Backtested Returns

Pan American is very steady given 3 months investment horizon. Pan American Silver maintains Sharpe Ratio (i.e., Efficiency) of 0.33, which implies the firm had a 0.33 % return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use Pan American Risk Adjusted Performance of 0.2262, semi deviation of 1.67, and Coefficient Of Variation of 335.04 to evaluate company specific risk that cannot be diversified away. Pan American holds a performance score of 25 on a scale of zero to a hundred. The company holds a Beta of 0.5, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pan American's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pan American is expected to be smaller as well. Use Pan American jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to analyze future returns on Pan American.

Auto-correlation

    
  0.83  

Very good predictability

Pan American Silver has very good predictability. Overlapping area represents the amount of predictability between Pan American time series from 25th of October 2025 to 9th of December 2025 and 9th of December 2025 to 23rd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pan American Silver price movement. The serial correlation of 0.83 indicates that around 83.0% of current Pan American price fluctuation can be explain by its past prices.
Correlation Coefficient0.83
Spearman Rank Test0.88
Residual Average0.0
Price Variance26.2
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Pan Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(33.76 Million)

Pan American reported last year Accumulated Other Comprehensive Income of (35.53 Million)
Based on the recorded statements, Pan American Silver reported net income of 107.8 M. This is 995.76% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The net income for all Canada stocks is 81.12% higher than that of the company.

Pan Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pan American's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Pan American could also be used in its relative valuation, which is a method of valuing Pan American by comparing valuation metrics of similar companies.
Pan American is currently under evaluation in net income category among its peers.

Pan Fundamentals

About Pan American Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Pan American Silver's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pan American using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pan American Silver based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Pan American

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pan American position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pan American will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pan Stock

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  0.89FDY Faraday Copper CorpPairCorr

Moving against Pan Stock

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  0.49INFM Infinico Metals CorpPairCorr
  0.4AML Argus Metals CorpPairCorr
The ability to find closely correlated positions to Pan American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pan American when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pan American - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pan American Silver to buy it.
The correlation of Pan American is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pan American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pan American Silver moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pan American can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Pan American Silver is a strong investment it is important to analyze Pan American's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pan American's future performance. For an informed investment choice regarding Pan Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pan American Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Please note, there is a significant difference between Pan American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pan American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pan American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.