PAAS Pan American Silver Corp.
XNYS
42.73
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
PAAS
$42.73
—
Key stats
$42.73
- 52-Week Range
- $35.82 – $69.99
- YTD
- -16.28%
- IV Rank (30D)
- 22.36
- Straddle Price
- $5.03
- P/C Vol Ratio
- 0.18
- Market Cap
- $17.0B
- Open
- $42.29
- Day Range
- $41.67 – $42.86
- Volume
- 3,888,054
- Prev Close
- $41.17
Fair Value
MODEL: NEUTRAL
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 4.90% |
| Beta vs SPY | 0.93 |
| Cost of Equity (CAPM) | 9.53% (VRP-adj) |
| WACC | 9.23% |
| Volatility Risk Premium | +6.0pp (IV − HV30) |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | +3.0% |
| DCF Horizon | 5 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.03 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $-0.1B |
| Return on Equity (TTM) | -15.8% |
| Book / Price | 44.6% — banking bias active (P/B is primary) |
| Debt / Equity | 0.10 |
| Quality Score | 1/6 — cyclical/struggling (5y DCF) |
| SMA 50 | $45.90 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $41.86 |
| Bollinger Width / SMA20 | 20.6% (drives anchor stability) |
| Net Debt | $-0.5B |
| Market Cap | $16B |
Peers used for multiples: AEM, AG, CDE, FNV, HL, NEM, SCCO, WPM
60-Day Conviction
4%
20-Day Fair Value
≈ by Dec 8, 2026
$43.02
α +0.7%
rank 66%
conviction
51%
40-Day Fair Value
≈ by Jan 6, 2027
$43.25
α +1.3%
rank 66%
conviction
45%
60-Day Fair Value
≈ by Feb 4, 2027
$42.65
α -0.1%
rank 66%
conviction
4%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | n/a | 0% | |
| DDM (Gordon) | $13.70 | 26% | |
| Peer P/E | n/a | 0% | median 22.2× · 5 peers |
| Peer EV/EBITDA | n/a | 0% | median 11.6× · 6 peers |
| Peer P/B | $127.79 | 12% | median 7.0× · 6 peers |
| Peer P/S | n/a | 0% | median 7.2× · 6 peers |
| Market Anchor (SMA50) | $45.90 | 30% | stability 47% (BB-width) |
| Options Expected (B-L 30d) | $42.03 | 32% | 27 strikes · skew +0.60 |
As of 2026-11-09 · updated
Related
About
- Industry (SIC)
- GOLD AND SILVER ORES (1040) · industry map
- Exchange
- XNYS
- Market Cap
- $17.0B
- Employees
- 9,348
- List Date
- 1995-06-12
- CIK
- 0000771992
- Homepage
- https://www.panamericansilver.com
Pan American Silver Corp is a mining company principally engaged in the operation and development of, and exploration for, silver and gold-producing properties and assets. The company's principal products are silver and gold, although it also produces and sells zinc, lead, and copper. Its operating mines comprise La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, and San Vicente mines.
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -13.05% | -10.90% | 6.17% | -15.08% | 8.61% | 6.97% | -2.88% |
| Feb | -9.24% | 6.06% | -20.75% | -11.80% | -0.13% | 28.10% | -1.29% |
| Mar | -6.21% | 6.06% | 18.80% | 16.99% | 9.82% | -18.49% | 4.50% |
| Apr | 1.47% | -11.88% | -3.52% | 20.92% | -1.64% | -5.92% | -0.09% |
| May | 0.12% | -10.18% | -13.12% | 18.47% | 1.50% | 10.00% | 1.13% |
| Jun | -15.30% | -10.96% | -7.31% | -8.43% | 8.56% | -19.30% | -8.79% |
| Jul | -1.20% | 1.55% | 13.90% | 17.19% | -4.86% | -3.58% | 3.83% |
| Aug | -6.42% | -26.59% | 1.53% | -8.59% | 25.54% | 18.73% | 0.70% |
| Sep | -9.81% | 9.52% | -11.06% | 8.98% | 12.92% | -8.98% | 0.26% |
| Oct | 10.48% | -5.39% | 6.64% | 8.63% | -10.36% | -15.56% | -0.93% |
| Nov | -1.20% | 0.37% | 6.89% | -4.44% | 31.69% | 9.48%* | 7.13% |
| Dec | 3.78% | -6.63% | 0.93% | -5.25% | 12.43% | -- | 1.05% |
| Total | -39.84% | -48.87% | -8.10% | 31.98% | 131.10% | -10.15% | 9.35% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $41.71
SMA 50: $45.70
SMA 200: $51.24
Current: $42.71
EMA 12: $41.18
EMA 26: $42.54
MACD: -1.3559 | Signal: 0.3319
BEARISH
ADX (14): 18.47
RANGE
+DI: 31.06
−DI: 24.90
Momentum Oscillators
RSI (14): 50.24
NEUTRAL
Stoch %K: 52.48
Stoch %D: 43.30
Williams %R: -26.49
Volume & Volatility
BB Upper: $45.67
BB Lower: $37.75
NEUTRAL
OBV: 190,623,764
Vol SMA 20: 4,801,436
Vol ROC: -0.69%
ATR: $1.96
True Range: $1.69
HV 20: 57.6%
HV 30: 49.4%
HV 60: 50.3%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-11-08T00:00:00 – 2026-11-06T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
Overall Assessment: BULLISH (Confidence Level: 7/10)
Key Drivers:
- Bullish MACD crossover
- Strong momentum signals from RSI, Stochastic %K/D, and Williams %R
- Positive news sentiment
Primary Risks:
- High volatility (beta >1.5)
- Recent negative news headlines
Investment Thesis: PAAS is poised for a potential upswing due to the convergence of bullish technical indicators and positive news sentiment. However, high volatility and recent negative news headlines pose significant risks.
Recent News Sentiment Impact: Neutral news headlines have not significantly impacted the stock price.
Technical Analysis
Trend Direction: Short-term (1-4 weeks): Uptrend; Medium-term (1-3 months): Bullish consolidation; Long-term (3-12 months): Bullish trend continuation
Support/Resistance Levels: Key levels:
- Upper Bollinger Band: $55.88
- Lower Bollinger Band: $46.75
- 20-SMA: $51.32
- 50-SMA: $47.17
Momentum Signals:
- RSI (14): 52.96 (neutral)
- MACD: 1.31 / Signal: -0.23 / Histogram: 1.54 (bullish)
- Stochastic %K/D: 56.83 and 52.97 (bullish)
- Williams %R: -48.20 (oversold)
Volume Analysis: Volume trends:
- On-Balance Volume (OBV): 210734264.98
- Volume SMA 20: 5402935.78
News & Sentiment Analysis
Recent Headlines Summary: Neutral news headlines have not significantly impacted the stock price.
Sentiment Assessment: Neutral sentiment, with some positive and negative headlines.
Catalyst Identification: No imminent catalysts identified.
Market Narrative: Technical signals are driving the stock's movement, while news sentiment is neutral.
Risk & Volatility Assessment
Beta Interpretation: High volatility (beta >1.5)
Volatility Regime: Current vs historical volatility levels: 60.0% (HV20) and 58.1% (HV30), indicating high volatility
Options Market Signals:
- IV Rank: 44.8% (Medium)
- Current IV: 66.9%
- Expected Move: $5.55 (28 DTE)
Market Context & Positioning
Sector Performance: Relative strength vs sector/market: Bullish
Institutional Activity: Volume patterns suggesting institutional interest: Medium to high
Correlation Analysis: Correlation with SPY: 0.42 (inverse)
Relative Valuation: Position within trading range: Neutral
Key Levels & Action Items
Critical Price Levels: Support/resistance to monitor:
- Upper Bollinger Band: $55.88
- Lower Bollinger Band: $46.75
- 20-SMA: $51.32
- 50-SMA: $47.17
Breakout/Breakdown Levels: Technical levels that could trigger significant moves:
- MACD crossover above signal line
- RSI (14) >70 or <30
Time-Sensitive Catalysts: No imminent catalysts identified.
Risk Management: Stop-loss levels and position sizing considerations:
- Set stop-loss at $48.00 to limit potential losses.
- Consider scaling into long positions as the stock approaches the upper Bollinger Band ($55.88).
Generated
News
All PAAS news →
Gold guidance was cut as shareholder returns hit $300 million.
PAAS Options Activity & IV Rank
PAAS IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 49.0%
7-DTE IV: 52.8%
Expected Move: $5.03
7-DTE Move: $2.15
Days to Exp: 32 (2026-12-11)
Options Flow · All expiries
Call Volume: 40,399
Put Volume: 7,493
P/C Volume: 0.185
BULLISH
Call OI: 195,830
Put OI: 67,388
P/C OI: 0.344
Total OI: 263,218
ATM Options Pricing
ATM Call: $2.27
ATM Put: $2.75
Call %: 5.3%
Put %: 6.4%
Chain Summary
Chain Volume: 47,892
Chain OI: 263,218
Last Updated: 11/9/2026
Spread Scanner
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Scanning bull put, bear call, iron condor and calendar spreads…
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 25th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
25%
vs own history
GEX tilt
+0.11
OI-weighted, today
Vanna tilt
+0.18
δ-sensitivity to IV
Charm tilt
-0.14
δ-decay vs time
? What is this?
· 150 ATM contracts, 49k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
86%
+12.1
pts
EXTREME
ATM 50.6% / Wing 62.7%
30 DTE / 10d
77%
+7.5
pts
EXTREME
ATM 49.6% / Wing 57.1%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Loading the implied volatility surface…
Volatility Smile
Loading the implied volatility smile…
IV Rank (7 DTE)31.5MediumNov 9
IV Rank (30 DTE)22.4LowNov 9
Straddle Price (30 DTE)$5.03Nov 9
Beta Analysis
Risk Metrics
Beta: 1.9624
Alpha: 12.63%
Correlation: 0.4622
R-Squared: 21.4%
Stock Volatility: 58.5%
Market Volatility: 13.8%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own PAAS
6 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Millennium Management Hedge fund Izzy Englander | $170.9M | #173 of 3716 | +6.0% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $101.3M | #154 of 3138 | +73.7% | 13F | |
| Citadel Hedge fund Ken Griffin | $52.1M | #664 of 6285 | -53.2% | 13F | |
| Point72 Hedge fund Steve Cohen | $46.9M | #346 of 1945 | -26.2% | 13F | |
| Bridgewater Associates Hedge fund Ray Dalio | $12.4M | #291 of 997 | +83.3% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $7.0M | #832 of 4729 | -3.0% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
PAAS Institutional Ownership (13F)
Filings for 2026-06-30 · 259 already for 2026-09-30
? 13F Guide
Diluted shares outstanding: 151,755,500 (as of 2016-03-31)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
38 filers$458.96M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $142.05M | 30.95% | 2026-06-30 |
| 2 | Jane Street Group, LLC Custodian | $58.59M | 12.77% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $50.16M | 10.93% | 2026-06-30 |
| 4 | GROUP ONE TRADING LLC Custodian | $36.71M | 8.00% | 2026-06-30 |
| 5 | IMC-Chicago, LLC Custodian | $29.49M | 6.42% | 2026-09-30 |
| 6 | Simplex Trading, LLC Custodian | $28.21M | 6.15% | 2026-09-30 |
| 7 | UBS Group AG Custodian | $24.90M | 5.42% | 2026-06-30 |
| 8 | Walleye Trading LLC | $19.71M | 4.29% | 2026-06-30 |
| 9 | Bank of Montreal Custodian | $10.86M | 2.37% | 2026-06-30 |
| 10 | LMR Partners LLP | $8.96M | 1.95% | 2026-06-30 |
| 11 | SIG North Trading, ULC | $6.33M | 1.38% | 2026-06-30 |
| 12 | Millennium Management LLC Custodian | $4.14M | 0.90% | 2026-06-30 |
| 13 | Goldman Sachs Group Inc Custodian | $3.76M | 0.82% | 2026-06-30 |
| 14 | CIBC Bancorp USA Inc. | $3.44M | 0.75% | 2026-06-30 |
| 15 | Royal Bank of Canada Custodian | $3.13M | 0.68% | 2026-06-30 |
| 16 | HSBC Holdings plc Custodian | $3.12M | 0.68% | 2026-06-30 |
| 17 | Point72 Asset Management, L.P. | $2.96M | 0.65% | 2026-06-30 |
| 18 | National Bank of Canada Custodian | $2.87M | 0.63% | 2026-06-30 |
| 19 | CIBC WORLD MARKET INC. | $2.80M | 0.61% | 2026-06-30 |
| 20 | Walleye Capital LLC | $2.40M | 0.52% | 2026-06-30 |
| 21 | D. E. Shaw & Co., Inc. Custodian | $2.36M | 0.52% | 2026-06-30 |
| 22 | Tidal Investments LLC | $2.26M | 0.49% | 2026-06-30 |
| 23 | Kingsview Wealth Management, LLC | $2.06M | 0.45% | 2026-06-30 |
| 24 | Balyasny Asset Management L.P. | $1.48M | 0.32% | 2026-06-30 |
| 25 | CAPITAL FUND MANAGEMENT S.A. | $1.46M | 0.32% | 2026-06-30 |
31 filers$314.85M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $81.73M | 25.96% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $61.88M | 19.65% | 2026-06-30 |
| 3 | Susquehanna International Group, LLP Custodian | $46.21M | 14.68% | 2026-06-30 |
| 4 | IMC-Chicago, LLC Custodian | $25.10M | 7.97% | 2026-09-30 |
| 5 | GROUP ONE TRADING LLC Custodian | $17.50M | 5.56% | 2026-06-30 |
| 6 | Walleye Trading LLC | $13.37M | 4.25% | 2026-06-30 |
| 7 | D. E. Shaw & Co., Inc. Custodian | $12.57M | 3.99% | 2026-06-30 |
| 8 | Simplex Trading, LLC Custodian | $10.50M | 3.34% | 2026-09-30 |
| 9 | TUDOR INVESTMENT CORP ET AL | $8.78M | 2.79% | 2026-06-30 |
| 10 | SIG North Trading, ULC | $4.22M | 1.34% | 2026-06-30 |
| 11 | Squarepoint Ops LLC | $3.68M | 1.17% | 2026-06-30 |
| 12 | Millennium Management LLC Custodian | $3.65M | 1.16% | 2026-06-30 |
| 13 | LMR Partners LLP | $3.58M | 1.14% | 2026-06-30 |
| 14 | National Bank of Canada Custodian | $2.83M | 0.90% | 2026-06-30 |
| 15 | Twin Tree Management, LP | $2.75M | 0.87% | 2026-06-30 |
| 16 | Point72 Asset Management, L.P. | $2.61M | 0.83% | 2026-06-30 |
| 17 | Parallax Volatility Advisers, L.P. | $2.24M | 0.71% | 2026-06-30 |
| 18 | Balyasny Asset Management L.P. | $2.01M | 0.64% | 2026-06-30 |
| 19 | PEAK6 LLC | $1.98M | 0.63% | 2026-06-30 |
| 20 | CAPITAL FUND MANAGEMENT S.A. | $1.84M | 0.58% | 2026-06-30 |
| 21 | Royal Bank of Canada Custodian | $1.34M | 0.43% | 2026-06-30 |
| 22 | SG Americas Securities, LLC | $1.09M | 0.35% | 2026-06-30 |
| 23 | Schonfeld Strategic Advisors LLC | $895.80K | 0.28% | 2026-06-30 |
| 24 | NOMURA HOLDINGS INC | $470.30K | 0.15% | 2026-06-30 |
| 25 | Limestone Investment Advisors LP | $421.03K | 0.13% | 2026-06-30 |
ETF Holders
79 ETFs hold PAAS
25 shown · $2.10B total exposure · 0.41% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | GDX VanEck Gold Miners ETF | VanEck | 2.46% | $650.0M | $26.9B | 2026-11-05 |
| 2 | SIL Global X Silver Miners ETF | Global X | 11.05% | $441.4M | — | 2026-11-06 |
| 3 | VXUS Vanguard Total International Stock ETF | Vanguard | 0.04% | $278.3M | — | 2026-09-30 |
| 4 | VEA Vanguard FTSE Developed Markets ETF | Vanguard | 0.06% | $183.5M | — | 2026-09-30 |
| 5 | SILJ Amplify Junior Silver Miners ETF | Amplify | 2.94% | $93.8M | $3.2B | 2026-11-06 |
| 6 | RING iShares MSCI Global Gold Miners ETF | iShares (BlackRock) | 2.89% | $66.6M | $2.3B | 2026-11-06 |
| 7 | SCHF Schwab International Equity ETF | Nport | 0.07% | $49.5M | — | 2026-08-31 |
| 8 | VEU Vanguard FTSE All-World Ex-US ETF | Vanguard | 0.05% | $44.9M | — | 2026-09-30 |
| 9 | EWC iShares MSCI Canada ETF | iShares (BlackRock) | 0.56% | $42.2M | $7.5B | 2026-11-06 |
| 10 | GUNR FlexShares Morningstar Global Upstream Natural Resources Index Fund | Nport | 0.44% | $31.6M | — | 2026-07-31 |
| 11 | DFIV Dimensional International Value ETF | Dimensional | 0.14% | $30.4M | $22.0B | 2026-11-05 |
| 12 | IXUS iShares Core MSCI Total International Stock ETF | iShares (BlackRock) | 0.04% | $24.2M | $56.4B | 2026-11-06 |
| 13 | IDEV iShares Core MSCI International Developed Markets ETF | iShares (BlackRock) | 0.06% | $21.2M | $33.4B | 2026-11-06 |
| 14 | SPDW State Street® SPDR® Portfolio Developed World ex-US ETF | SPDR (State Street) | 0.05% | $19.8M | $41.0B | 2026-11-05 |
| 15 | DFIC Dimensional International Core Equity 2 ETF | Dimensional | 0.12% | $17.8M | $15.1B | 2026-11-05 |
| 16 | VT Vanguard Total World Stock ETF | Vanguard | 0.02% | $16.7M | — | 2026-09-30 |
| 17 | SLVP iShares MSCI Global Silver and Metals Miners ETF | iShares (BlackRock) | 1.58% | $12.6M | $807.4M | 2026-11-06 |
| 18 | EPU iShares MSCI Peru and Global Exposure ETF | iShares (BlackRock) | 2.41% | $11.9M | $494.3M | 2026-11-06 |
| 19 | DIHP Dimensional International High Profitability ETF | Dimensional | 0.17% | $11.2M | $6.5B | 2026-11-05 |
| 20 | MGNR American Beacon GLG Natural Resources ETF | Nport | 1.20% | $10.1M | — | 2026-07-31 |
| 21 | ICOW Pacer Developed Markets International Cash Cows 100 ETF | Nport | 0.56% | $10.1M | — | 2026-07-31 |
| 22 | ACWX iShares MSCI ACWI ex U.S. ETF | iShares (BlackRock) | 0.05% | $9.0M | $17.5B | 2026-11-06 |
| 23 | DFAI Dimensional International Core Equity Market ETF | Dimensional | 0.05% | $8.7M | $17.9B | 2026-11-05 |
| 24 | CGIC Capital Group International Core Equity ETF | Capitalgroup | 0.26% | $6.7M | $2.6B | 2026-11-05 |
| 25 | GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | Nport | 2.93% | $6.5M | — | 2026-08-31 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
—
TTM Diluted EPS
—
TTM Revenue
—
TTM Net Income
—
TTM Op. Cash Flow
—
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q4 '25 | 2025-12-31 | — | — | — | — |
| Q4 '24 | 2024-12-31 | — | — | — | — |
| Q4 '23 | 2023-12-31 | — | — | — | — |
| Q4 '22 | 2022-12-31 | — | — | — | — |
| Q4 '21 | 2021-12-31 | — | — | — | — |
| Q4 '20 | 2020-12-31 | — | — | — | — |
| Q4 '19 | 2019-12-31 | — | — | — | — |
| Q4 '18 | 2018-12-31 | — | — | — | — |
| Q4 '17 | 2017-12-31 | — | — | — | — |
| Q4 '16 | 2016-12-31 | — | — | — | — |
| Q1 '16 | 2016-03-31 | $158.28M | $1.74M | $0.01 | $771.00K |
| Q4 '15 | 2015-12-31 | $162.96M | $-132.91M | $-0.87 | $23.40M |
Q4 2025 • period ending 2025-12-31 • filed 2026-02-18
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
—
P/B
4.97
P/S
9.87
EV/EBITDA
71.96
EV/Sales
9.82
ROE
-15.8%
ROA
-12.0%
Div Yield
0.15%
FCF Yield
1.20%
Debt/Equity
0.07
Current Ratio
—
Market Cap
$6.47B
as of 2026-11-09
PAAS vs Peers
Related companies, largest first| Company | Market cap | P/E | Revenue growth | YTD | IV rank |
|---|---|---|---|---|---|
| SCCO Southern Copper Corporation | $142.7B | 23.1 | +38.7% | +24.5% | 35 |
| NEM Newmont Corporation | $125.6B | 14.7 | +23.7% | +24.8% | 34 |
| AEM Agnico Eagle Mines Ltd. | $96.8B | — | — | +18.3% | 43 |
| WPM Wheaton Precious Metals Corp. Common Sto | $61.9B | — | — | +22.7% | 32 |
| FNV Franco-Nevada Corporation | $49.2B | — | — | +27.0% | 58 |
| PAAS Pan American Silver Corp. | $17.0B | — | — | −16.3% | 22 |
| CDE Coeur Mining, Inc. | $15.8B | 18.4 | +111.7% | −4.8% | 15 |
| HL Hecla Mining Company | $9.9B | 27.9 | +60.4% | −17.1% | 10 |
| AG FIRST MAJESTIC SILVER CORP | $7.5B | — | — | −0.2% | 13 |
| Peer median | $55.5B | 20.8 | +49.5% | +20.5% | 33 |
P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
6.50M
SI % of Float
1.57%
Days to Cover
2.02
Short Vol Ratio
40.0%
Free Float
413.80M
Float %
100.0%
Short interest 2026-10-15 • Short volume 2026-11-06 • Float 2026-10-02