Pan American Silver stock falls 2.2 percent as earnings lag

Published on 09/22/2026 at 08:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pan American Silver stock closed at USD 48.75 on September 21, 2026, down 2.48 percent. Quarterly EPS missed consensus by 13.10 percent.

PAAS, CA6979001089, Illustration mit AI erstellt.

Pan American Silver Corp. (CA6979001089) closed at USD 48.75 on Nasdaq on September 21, 2026, down 2.48 percent from the previous session. The decline followed quarterly earnings of USD 0.73 per share, which missed the USD 0.84 consensus estimate by 13.10 percent, according to Zacks on September 22, 2026.

Earnings miss sets the tone

The earnings comparison is the clearest pressure point for PAAS stock. Zacks reported that the previous quarter produced USD 0.73 in EPS against a USD 0.84 consensus estimate, while the next quarter consensus stood at USD 0.92 per share for the period ending September 2026.

The expected USD 0.92 EPS would represent a 91.67 percent year-over-year increase, but Zacks also indicated an earnings-ESP shortfall of 7.14 percent for the upcoming release. That combination leaves the next report as the main numerical test for whether the recent miss was temporary or part of a wider earnings reset.

Canadian quote shows the wider range

On the Toronto Stock Exchange, Pan American Silver traded at C$68.48 on September 21, 2026, after reaching C$67.72 intraday and following a previous close of C$70.00. MarketBeat reported that the session volume was approximately 634,660 shares, 38 percent below the average daily volume of 1,024,334 shares, while the company carried a market capitalization of C$28.39 billion.

MarketBeat also reported a consensus Buy rating from two research analysts and an average target price of C$84.40 on September 22, 2026. The target implies a gap of C$15.92 from the quoted C$68.48 Toronto price, but the estimate remains an external consensus figure rather than a forecast made here.

Next earnings date is November 11

Zacks listed November 11, 2026, as the expected date for the next earnings release. Its estimate for the September 2026 quarter is USD 0.92 per share, compared with USD 0.73 per share reported for the previous quarter.

The Nasdaq reference price was USD 48.75 as of September 21, 2026. The Toronto quote of C$68.48 on the same trading date provides a separate local-currency view and is not used as the reference price.