PAASPan American Silver Corp.

$52.64

Is it safe?

Can PAAS take a bad year?

Pan American Silver Corp. holds $501M more cash than debt, so a bad year is a question about profits, not about lenders.

$501M

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Interest cover
22.4×

Interest cover · operating profit covers the interest bill several times over

Annualised volatility
53%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtFY2025
$714M
Cash and short-term investments
$1.22B
Net cash
$501M
EBITDA, trailing twelve months
$1.73B
Operating profit, trailing twelve months
$1.23B
Debt / equity
0.10×
Total debt / EBITDA
0.41×
Annualised volatilitytwo years of daily moves
53%
Worst drawdown on file
−67%
Below its 52-week high
−23%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.