PAN AMERICAN SILVER CORP chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 7.90
Dividend & Yield0.58C$ (2.65%)
Beta 1.13
Market capitalization 4.65B
Operating cash flow 364.71M
ESG Scores unknown

Company description

Pan American Silver Corp., together with its subsidiaries, engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Argentina, and Bolivia. It holds interests in the La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, San Vicente, Joaquin, Cap-Oeste Sur Este, and Navidad mines. The company was formerly known as Pan American Minerals Corp. and changed its name to Pan American Silver Corp. in April 1995. Pan American Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.

Sector: Basic Materials - Industry: Silver

Financial Ratios
Quick Ratio1.29
Working Capital0.16
Return On Equity0.04
Debt To Equity0.01
Fixed Asset Ratio1.1
Fixed Interest Cover77.27

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 8.05M -43.53M 56.82M 18.09M
Total Cashflows From Investing Activities -159.17M -402.17M -83.92M -186.66M
Net Borrowings -10.91M 130.73M -288.1M -14.1M
Total Cash From Financing Activities -33.13M 103.25M -329.59M -85.91M
Change To Operating Activities -6.44M -8.71M -49k -3.4M
Issuance Of Stock 1.08M 2.78M 4.74M 619k
Net Income 10.29M 110.74M 177.88M 97.43M
Change In Cash -37.44M -17.95M 46.55M 116.44M
Effect Of Exchange Rate -115k -1.06M -2.26M -3.1M
Total Cash From Operating Activities 154.98M 282.03M 462.31M 392.11M
Depreciation 181.07M 305.29M 280.7M 310.43M
Change To Account Receivables 6.26M 1.54M 54.84M -2.87M
Other Cashflows From Financing Activities -2.02M -924k -933k -933k
Change To Netincome -32.12M -106.05M -93.25M 55.32M
Capital Expenditures -151.85M -207.35M -178.56M -243.48M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 33.19M 182.51M 252.01M 244.99M
Net Income 10.29M 110.74M 177.88M 97.43M
Selling General Administrative 22.65M 31.75M 36.38M 34.85M
Gross Profit 248.19M 459.08M 436.24M 639.12M
Ebit 34.6M 107.3M 108.9M 282.8M
Operating Income 34.6M 107.3M 108.9M 282.8M
Interest Expense -16.88M -16.88M -9.22M -3.66M
Income Tax Expense 21.15M 71.27M 75.56M 146.43M
Total Revenue 784.5M 1.35B 1.34B 1.63B
Cost Of Revenue 536.31M 891.68M 902.57M 993.63M
Total Other Income ExpenseNet -1.41M 75.21M 143.11M -37.81M
Net Income From Continuing Ops 12.04M 111.24M 176.46M 98.56M
Net Income Applicable To Common Shares 10.29M 110.74M 177.88M 97.43M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 424.13M 993.84M 828.04M 882.58M
Total Stockholder Equity 1.51B 2.46B 2.6B 2.63B
Other Current Liabilities 50.37M 101.28M 161.59M 174.73M
Total Assets 1.94B 3.46B 3.43B 3.52B
Common Stock 2.32B 3.12B 3.13B 3.14B
Other Current Assets 15.04M 4.66M 16M 15.22M
Retained Earnings -836.07M -754.69M -623.03M -598.03M
Treasury Stock 22.78M 94.27M 93.41M 93.38M
Cash 138.51M 120.56M 167.11M 283.55M
Total Current Liabilities 150.53M 271.67M 361.76M 387.68M
Other Stockholder Equity 22.78M 94.27M 93.41M 93.38M
Property, Plant, and Equipment 1.3B 2.5B 2.42B 2.34B
Total Current Assets 548.37M 788.92M 856.92M 1B
Net Tangible Assets 1.51B 2.46B 2.6B 2.63B
Net Receivables 94.8M 182.57M 141.62M 137.2M
Accounts Payable 52.2M 66.92M 80.28M 77.46M


Insider Transactions

Here are the insider transactions of stock shares related to PAN AMERICAN SILVER CORP:

Filer Name Transaction Text Ownership Date Filer Relation Shares
De Gelder (Neil)Exercise of options at price 13.17 per share.D2022-08-25Director of Issuer12.24k
Segsworth (Walter Thomas)D2022-06-06Director of Issuer1.79k
Jeannes (Charles A.)Compensation for services at price 22.23 per share.D2022-05-25Director of Issuer2.37k
Maki (Jennifer)Compensation for services at price 22.23 per share.D2022-05-25Director of Issuer1.79k
Segsworth (Walter Thomas)Compensation for services at price 22.23 per share.D2022-05-25Director of Issuer1.79k
Sendall (Kathleen E)Compensation for services at price 22.23 per share.D2022-05-25Director of Issuer1.79k
Winckler (Gillian D)Compensation for services at price 22.23 per share.D2022-05-25Director of Issuer2.51k
Carroll (Michael Louis)Compensation for services at price 22.23 per share.D2022-05-25Director of Issuer2.71k
De Gelder (Neil)Compensation for services at price 22.23 per share.D2022-05-25Director of Issuer1.79k
Couturier, Ignacio LlerenaExercise of options at price 7.72 per share.D2022-04-12Senior Officer of Issuer4.54k
Couturier, Ignacio LlerenaAcquisition or disposition in the public market at price 29.43 per share.D2022-04-12Senior Officer of Issuer2k
Couturier, Ignacio LlerenaAcquisition or disposition in the public market at price 29.44 per share.D2022-04-12Senior Officer of Issuer2.54k
Emerson (Christopher)Exercise of options at price 14.76 per share.D2022-04-11Senior Officer of Issuer10.06k
Emerson (Christopher)Acquisition or disposition in the public market at price 28.67 per share.D2022-04-11Senior Officer of Issuer2.3k
Emerson (Christopher)Acquisition or disposition in the public market at price 28.68 per share.D2022-04-11Senior Officer of Issuer2.7k
Emerson (Christopher)Acquisition or disposition in the public market at price 28.68 per share.D2022-04-11Senior Officer of Issuer45
Emerson (Christopher)Acquisition or disposition in the public market at price 28.68 per share.D2022-04-11Senior Officer of Issuer100
Emerson (Christopher)Acquisition or disposition in the public market at price 28.68 per share.D2022-04-11Senior Officer of Issuer1.36k
Emerson (Christopher)Acquisition or disposition in the public market at price 28.69 per share.D2022-04-11Senior Officer of Issuer1.25k
Emerson (Christopher)Acquisition or disposition in the public market at price 28.69 per share.D2022-04-11Senior Officer of Issuer2.3k
Paterson (Cameron)Exercise of options at price 13.95 per share.D2022-04-08Senior Officer of Issuer2k
Paterson (Cameron)Acquisition or disposition in the public market at price 28.48 per share.D2022-04-08Senior Officer of Issuer2k
Paterson (Cameron)Exercise of options at price 13.93 per share.D2022-04-07Senior Officer of Issuer4.32k
Paterson (Cameron)Acquisition or disposition in the public market at price 27.60 per share.D2022-04-07Senior Officer of Issuer2.32k
Paterson (Cameron)Acquisition or disposition in the public market at price 27.41 per share.D2022-04-07Senior Officer of Issuer2k
Paterson (Cameron)Exercise of options at price 7.78 per share.D2022-04-06Senior Officer of Issuer1.5k
Paterson (Cameron)Exercise of options at price 18.82 per share.D2022-04-06Senior Officer of Issuer3.35k
Paterson (Cameron)Exercise of options at price 13.98 per share.D2022-04-06Senior Officer of Issuer1k
Paterson (Cameron)Acquisition or disposition in the public market at price 27.12 per share.D2022-04-06Senior Officer of Issuer1k
Paterson (Cameron)Acquisition or disposition in the public market at price 27.26 per share.D2022-04-06Senior Officer of Issuer1k
Paterson (Cameron)Acquisition or disposition in the public market at price 27.27 per share.D2022-04-06Senior Officer of Issuer800
Paterson (Cameron)Acquisition or disposition in the public market at price 27.28 per share.D2022-04-06Senior Officer of Issuer700
Paterson (Cameron)Acquisition or disposition in the public market at price 27.28 per share.D2022-04-06Senior Officer of Issuer700
Paterson (Cameron)Acquisition or disposition in the public market at price 27.35 per share.D2022-04-06Senior Officer of Issuer100
Paterson (Cameron)Acquisition or disposition in the public market at price 27.35 per share.D2022-04-06Senior Officer of Issuer100
Paterson (Cameron)Acquisition or disposition in the public market at price 27.38 per share.D2022-04-06Senior Officer of Issuer2.15k
Andrews (Matthew Robert)Exercise of options at price 18.89 per share.D2022-03-29Senior Officer of Issuer9.8k
Andrews (Matthew Robert)Acquisition or disposition in the public market at price 27.23 per share.D2022-03-29Senior Officer of Issuer200
Andrews (Matthew Robert)Acquisition or disposition in the public market at price 27.24 per share.D2022-03-29Senior Officer of Issuer4.4k
Andrews (Matthew Robert)Acquisition or disposition in the public market at price 27.25 per share.D2022-03-29Senior Officer of Issuer2.77k
Andrews (Matthew Robert)Acquisition or disposition in the public market at price 27.26 per share.D2022-03-29Senior Officer of Issuer434
Andrews (Matthew Robert)Acquisition or disposition in the public market at price 27.27 per share.D2022-03-29Senior Officer of Issuer2k
Busby, StevenExercise of options at price 7.67 per share.D2022-03-04Senior Officer of Issuer16.58k
Busby, StevenAcquisition or disposition in the public market at price 26.62 per share.D2022-03-04Senior Officer of Issuer800
Busby, StevenAcquisition or disposition in the public market at price 26.63 per share.D2022-03-04Senior Officer of Issuer3.9k
Busby, StevenAcquisition or disposition in the public market at price 26.64 per share.D2022-03-04Senior Officer of Issuer600
Busby, StevenAcquisition or disposition in the public market at price 26.65 per share.D2022-03-04Senior Officer of Issuer4.27k
Busby, StevenAcquisition or disposition in the public market at price 26.65 per share.D2022-03-04Senior Officer of Issuer3.62k
Busby, StevenAcquisition or disposition in the public market at price 26.66 per share.D2022-03-04Senior Officer of Issuer725
Busby, StevenAcquisition or disposition in the public market at price 26.67 per share.D2022-03-04Senior Officer of Issuer1.6k
Busby, StevenAcquisition or disposition in the public market at price 26.68 per share.D2022-03-04Senior Officer of Issuer1k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to PAN AMERICAN SILVER CORP. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on PAN AMERICAN SILVER CORP

Here is the result of two systematic investment strategies applied to PAN AMERICAN SILVER CORP. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on PAN AMERICAN SILVER CORP

The following chart shows the equity curve of the two systematic investment strategies applied to PAN AMERICAN SILVER CORP:

PAN AMERICAN SILVER CORP automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -3.67% on the backtest period.

Performance at glance

Performance

-3.67 %

Latent gain

-54.5 C$

Invested capital

1485.5 C$

Annualized return

-0.89 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on PAN AMERICAN SILVER CORP

This is the result of two momentum investment strategies applied to PAN AMERICAN SILVER CORP. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on PAN AMERICAN SILVER CORP

The following chart shows all the entries opened by the momentum investment system on PAN AMERICAN SILVER CORP:

PAN AMERICAN SILVER CORP momentum entries
  • The first momentum investment strategy would give 5.27% of return on PAN AMERICAN SILVER CORP. That represents 302.36C$ of latent gain with 5736.46C$ of employed capital.
  • The second momentum investment strategy would give 4.56% of return on PAN AMERICAN SILVER CORP. That represents 182.37C$ of latent gain with 3996.15C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

5.27 %

Latent gain

302.36 C$

Invested capital

5736.46 C$

Annualized return

-1.21 %
Performance at glance (2Q Momentum)

Performance

4.56 %

Latent gain

182.37 C$

Invested capital

3996.15 C$

Annualized return

1.25 %

Momentum equity curve on PAN AMERICAN SILVER CORP

The following chart shows the equity curve of the two momentum strategies applied to PAN AMERICAN SILVER CORP:

PAN AMERICAN SILVER CORP momentum equity

Note: the dividends potentially given by PAN AMERICAN SILVER CORP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on PAN AMERICAN SILVER CORP

The following chart shows the employed capital evolution of the two momentum strategies on PAN AMERICAN SILVER CORP since the beginning:

PAN AMERICAN SILVER CORP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on PAN AMERICAN SILVER CORP

Buy the dip entry openings on PAN AMERICAN SILVER CORP

PAN AMERICAN SILVER CORP

The performance achieved by the robo-advisor on PAN AMERICAN SILVER CORP is -2.6%. That represents -19.9$ of latent gain with 764.02C$ of employed capital. The following chart shows PAN AMERICAN SILVER CORP stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of PAN AMERICAN SILVER CORP, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-2.6 %

Latent gain

-19.9 C$

Invested capital

764.02 C$

Annualized return

-1.21 %

Equity curve of the strategy applied to PAN AMERICAN SILVER CORP

The following chart shows the result of the investment strategy applied to PAN AMERICAN SILVER CORP:

PAN AMERICAN SILVER CORP

Note: the dividends potentially given by PAN AMERICAN SILVER CORP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on PAN AMERICAN SILVER CORP

The following chart shows the employed capital evolution since the beginning of the investment strategy on PAN AMERICAN SILVER CORP:

PAN AMERICAN SILVER CORP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on PAN AMERICAN SILVER CORP

In this section, I will compare the three previous investment strategies applied to PAN AMERICAN SILVER CORP.

Equity curve comparison on PAN AMERICAN SILVER CORP

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

PAN AMERICAN SILVER CORP investment strategy comparison

Employed capital comparison on PAN AMERICAN SILVER CORP

PAN AMERICAN SILVER CORP investment comparison

Performance comparison on PAN AMERICAN SILVER CORP

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -3.67% -54.5C$ 1485.5C$ -0.89%
Momentum 1 quarter 5.27% 302.36C$ 5736.46C$ 1.35%
Momentum 2 quarters 4.56% 182.37C$ 3996.15C$ 1.25%
Non-directional -2.6% -19.9C$ 764.02C$ -1.21%
Annualized return comparison

Automatic investment

-0.89 %

Momentum 1Q

1.25 %

Momentum 2Q

1.25 %

Non-directional

-1.21 %

Correlated stocks

Here are the most positively and negatively correlated stocks with PAN AMERICAN SILVER CORP:


Company information

Company name PAN AMERICAN SILVER CORP
Country Canada
City Vancouver
Address 625 Howe Street
Phone
Website www.panamericansilver.com
FullTime employees 7100
Industry Silver
Sector Basic Materials
Exchange XTSE
Ticker PAAS.XTSE
Market

PAN AMERICAN SILVER CORP ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown