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Last close (USD)41.49+3.20 (+8.36%)as of 4 Nov 2026
Funds that hold it2One fund per scheme
Held through a master fund20 buy the stock themselves
Largest weight in a single fund10.96%Of that fund's NAV
Median weight7.07%Half the funds hold more than this
What does PAAS do
Pan American Silver Corp.
Silver and gold miner running several mines in North and South America. Most revenue comes from selling the silver and gold it mines
Silver oreGold ore
Where the revenue comes from, and how much is left as profit (FY2025)
For every 100 dollars of sales: cost of sales 61 · operating expenses 5 · tax and other items 7 · leaving 27 as net profit
Which funds let you invest in PAAS
Sorted by weight held, largest first
Investors in Thailand can buy PAAS through 2 mutual funds open to retail investors. Most of them (2 funds) don't buy the stock themselves. Instead they invest in a master fund abroad, which in turn holds PAAS.
The many funds holding less than 3% are usually index funds holding at market weight · Funds holding more than 8% have deliberately chosen a large position
How many funds each AMC holds it through
DAOLINV
How Thai money reaches PAAS
2 master funds
Master fund
Thai funds using this route
Master fund's PAAS weight
Global X Silver Miners ETF
1
10.96%
iShares MSCI Global Gold Miners ETF
1
3.18%
Data sourcesFunds that buy the stock themselves: top 5 holdings from the AMC's fact sheet as of 30 Sep 2026 · Funds that invest through a master fund: the master fund's portfolio from its issuer's fact sheet or prospectus · Each scheme counts as one fund · Share price: Market data · Financial statements: SEC EDGAR · Ratios: Market data · Revenue by business segment: SEC EDGAR · Weights are as of the report date, and funds can change their portfolios at any time · Investing involves risk. This is not investment advice.
Atrackers Global Gold Miners Equity Fund
3.18%
Via RING
N/A
Showing 2 of 2 funds you can buy · The full list is in the Expert view · Latest weights from portfolio reports, and funds can change their portfolios at any time · Past performance is not a guarantee of future performance
Valuation and key ratios
Pan American Silver Corp. · NYSE · Fiscal year ends in January
Market cap17.5B USD0.42 billion shares
P/E16.2xPrice ÷ FY2025 EPS 2.56
Forward P/E10.3xBased on forecast 12-month earnings
P/S3.6x
EV/EBITDA6.1x
Dividend yield1.30%0.54 USD per share a year
ROE16.8%Net profit ÷ shareholders' equity
Debt to equity (D/E)0.10xInterest-bearing debt
Beta0.75Against the S&P 500
Gross margin38.8%FY2025
Operating margin34.1%FY2025
Net margin27.1%FY2025
Price ratios use the latest close shown on this page · Forward P/E, P/S and EV/EBITDA from Market data · Beta from 5 years of monthly returns · Total dividends over the last 12 months
Company health made simple
From the FY2025 statements
Sales growth22.0%Fast growth
Yearly average over the last 4 years · Latest annual sales 3.6B USD
Profit from sales27%Highly profitable
For every 100 dollars of sales, about 27 dollars is left as net profit
Dividend1.30%Pays dividends
Per year, relative to the share price · Tech stocks tend to pay little because they reinvest their profits
1-year share price+25.0%Up
Now 39.6% below its 1-year high
A rise or fall in the share price doesn't move a fund by the same amount — a fund is affected only in proportion to how much it holds
Financial statements
Revenue grows 22.0% a year on average · EPS grows 82.7% a year on average
Annual · last 5 fiscal years
Revenue and net profit
FY20211.6B USD99.0M USD
FY20221.5B USD−340.0M USD
FY20232.3B USD−105.0M USD
FY20242.8B USD113.0M USD
FY20253.6B USD980.0M USD
Total revenue
Net profit
Quarterly · last 5 quarters
Revenue and net profit
Q2 FY2025812.0M USD189.0M USD
Q3 FY2025854.6M USD168.6M USD
Q4 FY20251.2B USD451.5M USD
Q1 FY20261.2B USD457.0M USD
Q2 FY20261.1B USD304.0M USD
Annual income statement, balance sheet and cash flow
Item (USD)
FY2021
FY2022
FY2023
FY2024
FY2025
Total revenue
1.6B USD
1.5B USD
2.3B USD
2.8B USD
3.6B USD
Gross profit
368.0M USD
48.0M USD
297.0M USD
549.0M USD
1.4B USD
Operating profit
Free cash flow = operating cash flow − capital expenditure · A cell showing N/A is an item the statement doesn't report, not a zero · Source: SEC EDGAR
Technical analysis
Closed at 41.49 USD on 4 Nov 2026
Daily trendClear downtrendScore −0.80 on a scale of −1 to +1 · 1254 bars
RSI(14)
45.5
ADX(14)
35.9
Position in the price range
21%
Weekly trendClear downtrendScore −0.60 on a scale of −1 to +1 · 262 bars
RSI(14)
42.2
ADX(14)
16.6
Position in the price range
23%
Monthly trendLeaning upScore 0.33 on a scale of −1 to +1 · 61 bars
RSI(14)
51.4
ADX(14)
42.7
Position in the price range
52%
Moving averages (daily)
Period
SMA
EMA
Price vs line
10 days
40.26
40.61
Above
20 days
42.35
42.05
Below
50 days
46.41
44.76
Below
100 days
46.48
46.78
Below
200 days
Indicators (daily)
Indicator
Value
Signal
RSI(14)
45.51
Down
MACD(12,26)
−1.89
Down
ADX(14)
35.90
Neutral
ATR(14) % of price
2.93
Neutral
Support and resistance (weekly pivots)
s333
s235
s1
Trend score = average of the moving-average group and the indicator group ((up signals − down signals) ÷ number of signals) · RSI and ATR use Wilder's method · MACD uses the 12- and 26-period EMA · An ADX of 25 or above counts as a clear trend · Calculated from daily closing prices from Market data · Not investment advice
One fund counted per scheme · Funds investing through a master fund show the master fund's weight in PAAS, not the look-through weight · Past performance is not a guarantee of future performance
DAOL-SILVERDAOL SILVER MINERS FUND
A-RING