Pan American Silver Corp. (NYSE:PAAS) is one of the
10 Best Stocks to Buy in Falling Markets According to Wall Street Analysts.
On May 11, 2026, TD Securities analyst Wayne Lam upgraded Pan American Silver Corp. (NYSE:PAAS) to Buy from Hold while raising the price target to $72 from $67. The firm said recent developments, including the La Colorada Skarn update, have improved the company’s outlook.
On May 5, 2026, Pan American Silver Corp. (NYSE:PAAS) reported Q1 adjusted EPS of $1.09, versus the consensus estimate of $1.06. Revenue totaled $1.15B, while attributable revenue reached $1.33B, versus the consensus estimate of $1.22B. President and CEO Michael Steinmann said the company delivered solid quarterly results driven by strong production, disciplined cost management, and higher quarter-over-quarter silver and gold prices. Steinmann added that Pan American remains on track to meet its 2026 guidance and generated $488M in free cash flow during the quarter, lifting cash and short-term investments to a record $1.8B.
Pan American Silver Corp. (NYSE:PAAS) raised its FY26 project capital expenditure outlook to $240M-$255M from $195M-$210M following the revised Preliminary Economic Assessment for the La Colorada Skarn Project released earlier in 2026. The company said it now expects to spend $92M-$95M on the project this year, up from its prior outlook of $47M-$50M. The company reaffirmed its broader 2026 operating outlook for silver and gold production, zinc, lead, and copper output, all-in sustaining costs, and sustaining capital expenditures. Pan American added that gold production is now expected to be weighted more heavily toward the fourth quarter after some second-quarter production was deferred later into the year.
Pan American Silver Corp. (NYSE:PAAS) explores for, develops, and operates precious and base metal mining assets across the Americas.
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