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Pan American Silver (PAAS) Falls More Steeply Than Broader Market: What Investors Need to Know

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In the latest close session, Pan American Silver (PAAS - Free Report) was down 2.86% at $40.75. This change lagged the S&P 500's 0.31% loss on the day. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 1.38%.

The stock of silver mining company has fallen by 7.82% in the past month, lagging the Basic Materials sector's loss of 3.42% and the S&P 500's gain of 0.87%.

Market participants will be closely following the financial results of Pan American Silver in its upcoming release. The company plans to announce its earnings on November 4, 2026. The company's earnings per share (EPS) are projected to be $0.66, reflecting a 37.5% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.03 billion, up 20.53% from the year-ago period.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.34 per share and a revenue of $4.48 billion, indicating changes of +31.5% and +23.84%, respectively, from the former year.

Investors should also note any recent changes to analyst estimates for Pan American Silver. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 12.44% fall in the Zacks Consensus EPS estimate. Pan American Silver is holding a Zacks Rank of #4 (Sell) right now.

Digging into valuation, Pan American Silver currently has a Forward P/E ratio of 12.57. This expresses a premium compared to the average Forward P/E of 11.72 of its industry.

It is also worth noting that PAAS currently has a PEG ratio of 4.71. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Mining - Silver industry currently had an average PEG ratio of 4.71 as of yesterday's close.

The Mining - Silver industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 179, finds itself in the bottom 28% echelons of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

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