EL7.AI
StocksUpdated•Originally published 27 June 2026•Updated 27 June 2026•
1 min read

Buy Rating for Pan American Silver After Selloff and Strong Q1

Silver bars and coins on a base labeled 'Buy Rating' with a Pan American Silver logo in the background.

Key Facts

1Pan American Silver reduced all-in sustaining costs to $6.63/oz in Q1 2026 from $13.88/oz a year earlier.
2The company's forward P/E ratio is near 10, the lowest in the sector.
3The company benefited from its MAG Silver acquisition and underground mine portfolio to boost production and lower costs.

After a sharp selloff hit mining stocks, a Seeking Alpha analyst sees Pan American Silver (PAAS) as an attractive buy, supported by strong Q1 2026 results. According to the report, the company reduced all-in sustaining costs to $6.63/oz from $13.88/oz a year earlier, reflecting a major operational improvement.

Pan American Silver benefited from its MAG Silver acquisition and underground mine portfolio to boost output and cut costs, the analyst noted. The stock's forward P/E near 10 is the lowest in the sector, adding appeal amid rising silver prices compared to peers.

PAAS closed at $45.45 on June 26, 2026, with a low of $45.17 and a high of $46.53. Investors await Q2 results and silver price trends, with market estimates pointing to continued operational gains.