Workflow
MAG Silver Corp.
icon
Search documents
PAAS vs. SSRM: Which Mining Stock Is the Better Buy Now?
ZACKS· 2026-01-22 18:05
Core Insights - Pan American Silver Corp. (PAAS) and SSR Mining Inc. (SSRM) are benefiting from record-high gold and silver prices, with silver prices increasing approximately 207% year over year and gold prices rising around 75% [2][3] Group 1: Company Overview - Pan American Silver operates 11 mines across the Americas and has a significant stake in the Juanicipio project, which has produced 2.5 million ounces of silver since acquisition [4][5] - SSR Mining has assets in the U.S., Turkey, Canada, and Argentina, and recently acquired the Cripple Creek & Victor mine, positioning it as the third-largest gold producer in the U.S. [12][13] Group 2: Production and Financials - PAAS expects silver production of 22.8 million ounces in 2025, an 8% increase from 2024, with a record fourth-quarter output of 7.3 million ounces [6][11] - SSRM's total gold production for 2025 is projected to be between 410,000 and 480,000 gold-equivalent ounces, with a previous production of 399,267 ounces in 2024 [14] - As of December 31, 2025, PAAS had cash and short-term investments of $1.32 billion, while SSRM reported cash and cash equivalents of $409 million [8][16] Group 3: Earnings Estimates - The Zacks Consensus Estimate for PAAS's 2025 earnings is $2.21 per share, reflecting a 179.7% year-over-year increase, with estimates for 2026 at $3.60, indicating a 63.2% rise [17] - SSRM's earnings estimate for 2025 is $1.77 per share, showing a 532.1% increase year-over-year, with 2026 estimates at $3.56, implying growth of 101.3% [18] Group 4: Stock Performance and Valuation - Over the past year, PAAS stock has increased by 166.2%, while SSRM has risen by 196.6% [19] - PAAS is trading at a forward earnings multiple of 15.76X, while SSRM is at 6.53X, both lower than their five-year medians [21] Group 5: Investment Appeal - Both companies are positioned to benefit from rising silver and gold prices, with SSRM showing stronger price performance and a more attractive valuation compared to PAAS [23]
Valkea Resources Strengthens Board & Leadership Team with Strategic Executive and Technical Appointments
TMX Newsfile· 2026-01-21 10:00
Core Insights - Valkea Resources Corp. has made strategic appointments to enhance its leadership and technical expertise, including Thomas Credland as President, Marc Turcotte as Director, and Dr. Charlotte Seabrook as Technical Advisor [1][2] Leadership Appointments - Thomas Credland, with over 25 years of experience in mining, previously served at Rupert Resources, where he contributed to the discovery and development of the 4Moz Ikkari Gold Project [3] - Marc Turcotte brings over 20 years of experience in corporate development and capital markets, having played a key role in MAG Silver's acquisition for approximately US$2.1 billion [4] - Dr. Charlotte Seabrook has over 25 years of geological experience and was instrumental in the discovery of the Ikkari Project while at Rupert Resources [5][6] Company Strategy and Assets - Valkea Resources focuses on mineral exploration in the Central Lapland Greenstone Belt in Northern Finland, holding nearly 400 km² of land across five core properties [2][3] - The company aims to adopt a systematic methodology for exploration, similar to that which led to the discovery of Ikkari and other gold occurrences in the region [2] Market Position and Future Plans - The appointments are seen as a significant enhancement to the company's capabilities at a crucial time, with expectations for further updates on property appraisals and technical team expansions [2][7]
Bull of the Day: Pan American Silver (PAAS)
ZACKS· 2026-01-15 12:11
Core Insights - Pan American Silver Corp. (PAAS) is experiencing significant growth as silver prices reach all-time highs, with expected earnings growth of 66% in 2026 [1][9] - The company has a market capitalization of $23.9 billion and operates mines across several countries in the Americas [2] Financial Performance - In Q3 2025, Pan American Silver reported record free cash flow of $251.7 million, with a cash and short-term investments balance of $910.8 million [5] - The company produced 5.5 million ounces of silver and 183.5 thousand ounces of gold in the same quarter [5] - Despite missing the Zacks Consensus Estimate by a penny, this was the first earnings miss in five quarters [3] Strategic Moves - The acquisition of MAG Silver Corp. contributed positively to the company's operations, particularly in the Juanicipio mine [4] - The company raised its silver production target for 2025 and lowered estimated all-in sustaining costs for its Silver Segment [6] Shareholder Returns - The Board of Directors increased the dividend to $0.14 per share, resulting in an annualized yield of 1% [7] - Total capital returned to shareholders reached $146.9 million through dividends and share repurchases [7] Analyst Outlook - Analysts are optimistic about the company's future, with earnings expected to jump 179.8% in 2025 and an additional 66.1% in 2026 [10][9] - The forward price-to-earnings (P/E) ratio is 15.3, indicating potential value, while the PEG ratio stands at 0.34, suggesting both growth and value [15] Market Performance - Shares of Pan American Silver have increased significantly over the past year, outperforming gold amid rising silver prices [12] - The company is positioned well for continued success in the silver and gold mining sector [11]
Can PAAS Stock Meet Its Upbeat 2025 Silver Production Guidance?
ZACKS· 2026-01-14 17:06
Core Insights - Pan American Silver Corp. (PAAS) reported strong performance in the first nine months of 2025, with a 4% year-over-year increase in silver production to 15.6 million ounces, supported by record silver prices [1][7] - The company completed the acquisition of a 44% stake in the Juanicipio project, a high-grade silver mine, with an expected production outlook of 14.7-16.7 million ounces for 2025 [2][7] - PAAS raised its 2025 silver production guidance to 22-25 million ounces, up from the previous estimate of 20-21 million ounces, following strong performance from the Juanicipio mine [3][7] Production and Operational Highlights - The La Colorada mine is expected to benefit from improved ventilation conditions, while El Peñon has seen gains from higher throughput due to increased silver grades [4] - Huaron reported improved performance due to higher throughput from additional development, although at lower grades, contributing to the positive outlook [4] Peer Comparison - Hecla Mining Company (HL) projected 2025 silver production of 16.2-17 million ounces, while Avino Silver & Gold Mines Ltd. (ASM) expects 2.5-2.8 million silver equivalent ounces [5] Stock Performance and Valuation - PAAS's stock has increased by 167.9% over the past year, compared to the industry's rise of 212.9% [6] - The company is currently trading at a forward price-to-earnings multiple of 15.20X, which is below the industry average of 20.12X [10] Earnings Estimates - The Zacks Consensus Estimate for PAAS's earnings for 2025 is $2.21 per share, reflecting a year-over-year increase of 179.7%, with an estimate of $3.67 for 2026, indicating a 66.1% increase [11]
Arizona Gold & Silver Inc. Announce Appointment Of Dr. Lex Lambeck As Senior Vice President Of Exploration
Thenewswire· 2026-01-13 12:00
Core Insights - Arizona Gold & Silver Inc. has appointed Dr. Lex Lambeck as Senior Vice President of Exploration, succeeding Mr. Greg Hahn who will take on the role of Vice Chair [1][6] - Dr. Lambeck has over 25 years of experience in mineral exploration and project development, with a strong background in managing large-scale projects and exploration programs [4][5] - The company aims to advance its flagship Philadelphia project and explore additional projects like Silverton and Sycamore Canyon under Dr. Lambeck's leadership [3][8] Company Overview - Arizona Gold & Silver Inc. focuses on uncovering precious metal resources in Arizona and Nevada, emphasizing sustainable practices and innovative exploration techniques [7] - The Philadelphia gold-silver property is the company's flagship asset, where drilling is ongoing to assess an epithermal gold-silver system ahead of an initial resource calculation [8] Leadership and Experience - Dr. Lambeck previously served as Vice President of Exploration at MAG Silver Corp., contributing to significant exploration programs and holding the position of Chief Geologist for the Deer Trail Project [2] - His expertise includes integrating geology, geochemistry, geophysics, and 3D geological modeling to support data-driven decision-making [5] - Mr. Hahn, with over 50 years in the mining industry, will continue to guide the company's growth as Vice Chair [6]
Zacatecas Silver Provides Corporate Update for 2026 and Highlights Upcoming Drill Program at Silver Project
Globenewswire· 2026-01-08 13:00
Core Viewpoint - Zacatecas Silver Corp. is experiencing significant operational progress and regulatory improvements in Mexico, particularly benefiting its Esperanza Gold Project and overall portfolio [1][2]. Group 1: 2025 Progress and Current Portfolio - 2025 marked a revitalization year for the company, positioning it for a catalyst-driven 2026 with key accomplishments [2]. - The company controls a high-quality, resource-backed portfolio anchored by two advanced assets in Mexico, providing leverage to silver and gold [2]. Group 2: Regulatory Developments - A notable shift in Mexico's mining sector occurred with the granting of an open-pit mining permit to Silver Tiger Metals Inc., marking the first new permit since 2020 [5]. - This approval indicates an evolving regulatory environment, potentially opening doors for advanced projects like those of Zacatecas Silver [5][6]. Group 3: Project Details - The Zacatecas Silver Project has an inferred mineral resource of 20.5 million ounces of silver equivalent from 3.41 million tonnes at 187 g/t Ag Eq [4]. - The Esperanza Gold Project has a measured and indicated mineral resource of 30.5 million tonnes at 0.97 g/t AuEq, totaling 956,000 ounces AuEq [4][21]. Group 4: Drilling and Community Engagement - The company is set to commence a 4,000-metre drill program at the Zacatecas Silver Project, focusing on high-priority targets [9][10]. - Community engagement has been a critical success factor, with recent agreements providing secure access for drilling and future exploration [11]. Group 5: Strategic Positioning - The company believes Esperanza is one of the most compelling undeveloped gold assets in Mexico, particularly with the improving permitting environment [12][13]. - The macro backdrop for silver and gold is strengthening, and the company is well-positioned to benefit from these trends [14]. Group 6: CEO Commentary - The CEO highlighted the market's shift towards re-rating high-quality, buildable assets, emphasizing Esperanza's strategic importance in the current landscape [15].
PAAS Soars 163% in a Year: What's the Right Strategy for Investors?
ZACKS· 2026-01-07 17:41
Core Insights - Pan American Silver Corp. (PAAS) stock has appreciated 163% in a year, outperforming the Basic Materials sector's rise of 37.5% and the S&P 500's return of 20.3% [1][9] Company Performance - The company reported revenues of $855 million in Q3 2025, reflecting a 19% year-over-year growth, driven by higher gold and silver prices, despite an $80.5 million decrease in metal sold [10] - Mine operating earnings surged 78.1% year over year to $313 million, with adjusted earnings per share at 48 cents, marking a 50% increase from the previous year [11] - PAAS achieved a record cash flow of $252 million in Q3 2025, increasing its cash and short-term investments balance to $910.8 million [11] Acquisition and Growth Strategy - In September 2025, PAAS completed the acquisition of MAG Silver Corp., enhancing its position as a leading silver producer and strengthening its silver reserve base [4] - The acquisition included a 44% stake in the Juanicipio project, expected to produce 14.7-16.7 million ounces of silver in 2025, significantly impacting PAAS's silver segment performance [5] - The transaction also added full ownership of the Larder exploration project and an earn-in interest in the Deer Trail exploration project, contributing to production, reserves, and cash flow [6] Production Outlook - PAAS increased its silver production outlook for 2025 to 22-25 million ounces from the previous estimate of 20-21 million ounces, following strong performance from the Juanicipio mine [13] - Gold production for 2025 is maintained at 735-800 thousand ounces, reflecting a decline from 895.5 thousand ounces in 2024 due to the cessation of operations at La Arena and lower production at Dolores [14] Market Conditions - Silver prices have increased by 163.4% year over year, driven by resilient industrial demand and supply deficits, with current trading above $70 per ounce [15] - The Zacks Consensus Estimate for PAAS's earnings for 2025 is pegged at $2.22 per share, indicating a year-over-year increase of 181% [19] Valuation - PAAS is currently trading at a forward 12-month price-to-earnings multiple of 15.26X, which is below the industry average of 17.66X, making it an attractive investment opportunity [23]
Pan American Silver Closes Sale of Pico Machay Project to Xali Gold
ZACKS· 2025-12-30 16:50
Core Insights - Pan American Silver Corp. (PAAS) has completed the sale of its interest in Minera Calipuy S.A.C., which owns the Pico Machay project, to Xali Gold Corp. for a cash payment of $500,000 [1][3][9] Group 1: Pico Machay Project Details - The Pico Machay project, located in Peru, is an advanced exploration-stage gold project with a high-sulphidation gold deposit and aims for near-term production, providing immediate value and substantial upside to Xali Gold [2] - The historic resource estimate for the Pico Machay project includes 264,600 ounces of gold in the Measured and Indicated category and an additional 446,000 ounces in the Inferred category [3] Group 2: Portfolio Optimization - Pan American Silver has been focusing on optimizing its portfolio, having disposed of its 80% ownership in the La Pepa project for $40 million and its fully owned interest in La Arena for $306.6 million in cash proceeds [4][9] - The company completed the acquisition of MAG Silver Corp., enhancing its position as a leading silver producer and strengthening its silver reserve base [5] Group 3: Recent Developments - Pan American Silver gained a 44% stake in the Juanicipio project, a large-scale, high-grade silver mine, which positively impacted its silver segment performance and cash flow in the third quarter of 2025 [6] - The transaction also added full ownership of the Larder exploration project and a full earn-in interest in the Deer Trail exploration project, significantly contributing to production, reserves, and cash flow [7] Group 4: Stock Performance - Over the past year, PAAS shares have increased by 162.5%, while the industry has seen a 201.6% increase [8]
Domestic Metals Announces Gord Neal as CEO
Globenewswire· 2025-12-11 12:30
Engages Michael Pound to Provide Investor Relations ServicesVANCOUVER, British Columbia, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Domestic Metals Corp. (the “Company” or “Domestic”) - (TSXV: DMCU; OTCQB: DMCUF; FSE: 03E) announces the appointment of Gordon Neal as Chief Executive Officer of the Company. Mr. Neal has had a notable and successful career in the mining and resource sectors. He started as one of the founding members of MAG Silver Corp. before moving on to serve as the VP Corporate Development for Silv ...
Pan American Silver Stock Hits 52-Week High: What's Driving It?
ZACKS· 2025-12-01 18:46
Core Insights - Pan American Silver Corp. (PAAS) stock reached a 52-week high of $45.97, closing at $45.67, driven by record silver prices and strong Q3 performance [1][11] - The company has a market capitalization of $19.3 billion and holds a Zacks Rank 1 (Strong Buy) [1] Financial Performance - Q3 revenues were reported at $855 million, a 19% year-over-year increase, attributed to higher gold and silver prices [2] - Mine operating earnings surged 78.1% to $313 million, with adjusted earnings per share at 48 cents, marking a 50% increase from the previous year [2] - A record free cash flow of $252 million in Q3 brought cash and short-term investments to $910.8 million, with working capital at $1.01 billion [3] Dividend and Cash Flow - The quarterly dividend was increased by 17% to 14 cents, raising the annualized dividend to 56 cents from 48 cents [4] Strategic Acquisitions - The acquisition of MAG Silver Corp. in early September enhanced PAAS's position as a leading silver producer and strengthened its silver reserve base [5] - PAAS gained a 44% stake in the Juanicipio project, expected to produce 14.7-16.7 million ounces of silver in 2025, positively impacting Q3 performance [6] Production Outlook - The silver production outlook for 2025 has been increased to 22-25 million ounces, up from the previous estimate of 20-21 million ounces [8] Market Conditions - Silver prices have surged 88% year-over-year, driven by strong safe-haven demand, geopolitical tensions, and resilient industrial demand [9] - Current silver trading prices are above $57, influenced by expectations of a rate cut [9] Stock Performance - Over the past year, PAAS shares have increased by 117.4%, compared to the industry's 136.6% rise [12]