PAAS
Pan American Silver Corp. Basic Materials - Gold Investor Relations →
Pan American Silver Corp. (PAAS) closed at $55.21 as of 2026-02-02, trading 151.3% above its 200-week moving average of $21.97. The stock moved further from the line this week, up from 150.1% last week. The 14-week RSI sits at 68, indicating neutral momentum.
Over the past 1551 weeks of data, PAAS has crossed below its 200-week moving average 21 times. On average, these episodes lasted 34 weeks. Historically, investors who bought PAAS at the start of these episodes saw an average one-year return of +21.4%.
With a market cap of $23.3 billion, PAAS is a large-cap stock. The company generates a free cash flow yield of 4.3%. Return on equity stands at 11.3%. The stock trades at 3.5x book value.
Share count has increased 72.5% over three years, indicating dilution.
Over the past 29.8 years, a hypothetical investment of $100 in PAAS would have grown to $813, compared to $1731 for the S&P 500. PAAS has returned 7.3% annualized vs 10.0% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 39.2% compound annual rate, with 2 consecutive years of positive cash generation.
Growth of $100: PAAS vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After PAAS Crosses Below the Line?
Across 21 historical episodes, buying PAAS when it crossed below its 200-week moving average produced an average return of +21.1% after 12 months (median +16.0%), compared to +21.5% for the S&P 500 over the same periods. 57% of those episodes were profitable after one year. After 24 months, the average return was +28.6% vs +42.8% for the index.
Each line shows $100 invested at the moment PAAS crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
PAAS has crossed below its 200-week MA 21 times with an average 1-year return of +21.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jun 1996 | Jul 1996 | 3 | 4.0% | -9.8% | +833.1% |
| Jul 1996 | Jul 1996 | 1 | 0.1% | -15.6% | +833.1% |
| Aug 1996 | Feb 1997 | 27 | 22.4% | -13.9% | +833.1% |
| Mar 1997 | Sep 1997 | 27 | 18.9% | +38.8% | +881.3% |
| Aug 1998 | Feb 2002 | 183 | 58.2% | -28.4% | +836.9% |
| Mar 2002 | Mar 2002 | 1 | 4.4% | +37.1% | +1498.8% |
| Sep 2008 | Nov 2009 | 63 | 56.9% | -0.5% | +215.2% |
| Dec 2009 | Jan 2010 | 3 | 3.7% | +61.7% | +195.9% |
| Jan 2010 | Apr 2010 | 11 | 14.2% | +46.3% | +215.1% |
| May 2010 | Jun 2010 | 3 | 3.9% | +34.5% | +192.3% |
| Jun 2010 | Aug 2010 | 9 | 8.9% | +25.3% | +192.9% |
| Sep 2011 | Oct 2011 | 1 | 0.3% | -19.3% | +164.4% |
| Nov 2011 | Apr 2016 | 230 | 56.6% | -22.9% | +166.3% |
| Nov 2018 | Dec 2018 | 4 | 6.7% | +43.1% | +375.3% |
| Jan 2019 | Jan 2019 | 1 | 1.5% | +68.2% | +345.9% |
| Feb 2019 | Jul 2019 | 20 | 26.7% | +57.6% | +385.6% |
| Mar 2020 | Apr 2020 | 4 | 27.4% | +134.4% | +341.4% |
| Jan 2022 | Feb 2022 | 2 | 3.9% | -10.0% | +183.0% |
| May 2022 | May 2022 | 2 | 4.0% | -21.7% | +174.9% |
| Jun 2022 | Jul 2024 | 107 | 42.1% | -24.9% | +181.9% |
| Aug 2024 | Sep 2024 | 5 | 8.8% | +70.2% | +194.2% |
| Average | 34 | — | +21.4% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02