Pan American Silver (NYSE:PAAS) Given New $56.00 Price Target at Royal Bank Of Canada

Posted by George Bondi on Sep 16th, 2026

Pan American Silver (NYSE:PAAS – Get Free Report) (TSE:PAAS) had its price target decreased by equities researchers at Royal Bank Of Canada from $65.00 to $56.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm currently has an “outperform” rating on the basic materials company’s stock. Royal Bank Of Canada’s target price points to a potential upside of 17.19% from the company’s previous close.

A number of other research firms have also weighed in on PAAS. Weiss Ratings lowered Pan American Silver from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 16th. Scotiabank reiterated an “outperform” rating on shares of Pan American Silver in a research report on Tuesday, July 14th. Jefferies Financial Group decreased their price target on Pan American Silver from $54.00 to $53.00 and set a “hold” rating for the company in a report on Monday, July 6th. Bank of America cut their target price on shares of Pan American Silver from $77.00 to $69.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Finally, Zacks Research raised shares of Pan American Silver from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 18th. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Pan American Silver presently has a consensus rating of “Moderate Buy” and an average price target of $67.71.

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Pan American Silver Stock Down 1.3%

NYSE PAAS traded down $0.63 during trading on Wednesday, hitting $47.79. The company’s stock had a trading volume of 1,425,669 shares, compared to its average volume of 6,105,912. Pan American Silver has a fifty-two week low of $33.08 and a fifty-two week high of $69.99. The company has a market cap of $19.84 billion, a PE ratio of 14.46, a P/E/G ratio of 4.79 and a beta of 0.77. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.94 and a quick ratio of 2.23. The business’s 50 day simple moving average is $47.96 and its 200-day simple moving average is $51.85.

Pan American Silver (NYSE:PAAS – Get Free Report) (TSE:PAAS) last released its earnings results on Wednesday, August 12th. The basic materials company reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.11). The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.16 billion. Pan American Silver had a return on equity of 20.01% and a net margin of 32.04%.The firm’s revenue for the quarter was up 38.4% on a year-over-year basis. During the same quarter last year, the business earned $0.43 earnings per share. On average, equities analysts anticipate that Pan American Silver will post 3.81 EPS for the current fiscal year.

Institutional Investors Weigh In On Pan American Silver

Large investors have recently added to or reduced their stakes in the company. RFG Advisory LLC increased its position in Pan American Silver by 2.5% during the first quarter. RFG Advisory LLC now owns 7,731 shares of the basic materials company’s stock worth $422,000 after acquiring an additional 191 shares during the period. Grand Central Investment Group raised its position in shares of Pan American Silver by 0.5% during the first quarter. Grand Central Investment Group now owns 44,801 shares of the basic materials company’s stock valued at $2,447,000 after buying an additional 211 shares during the last quarter. North Star Investment Management Corp. grew its position in Pan American Silver by 7.8% during the first quarter. North Star Investment Management Corp. now owns 3,451 shares of the basic materials company’s stock worth $189,000 after buying an additional 251 shares in the last quarter. Verus Capital Partners LLC raised its holdings in Pan American Silver by 3.5% in the 4th quarter. Verus Capital Partners LLC now owns 11,082 shares of the basic materials company’s stock valued at $574,000 after acquiring an additional 378 shares in the last quarter. Finally, Concurrent Investment Advisors LLC lifted its position in shares of Pan American Silver by 4.3% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 10,266 shares of the basic materials company’s stock worth $460,000 after acquiring an additional 419 shares during the period. 55.43% of the stock is owned by institutional investors and hedge funds.

About Pan American Silver

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Pan American Silver Corp. is a mining company focused primarily on the exploration, development and production of silver and gold. Its operations also produce byproduct metals, including zinc, lead and copper, depending on the mine and ore deposit.

Founded in 1994 and headquartered in Vancouver, British Columbia, Pan American Silver operates mines and development projects across the Americas. The company’s geographic footprint has included Canada, Mexico, Peru, Bolivia, Argentina, Chile and Brazil, giving it exposure to several of the region’s major silver and gold mining jurisdictions.

Pan American expanded its portfolio through the acquisition of Yamana Gold’s Latin American assets in 2023.