RBC's USD 56.00 target leaves Pan American Silver stock 21.05 percent below it

Published on 10/17/2026 at 22:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 38.00 percent to USD 1.12 billion. Pan American Silver stock closed USD 44.21 on October 16, 2026, up 1.01 percent on NYSE.

Analyst target and quarterly revenue

RBC maintained a USD 56.00 target in an October 14, 2026 report.
Second-quarter revenue rose 38.00 percent to USD 1.12 billion.
Pan American Silver stock closed at USD 44.21 on October 16, 2026, up 1.01 percent on the NYSE.
The stock traded at a P/E ratio of 13.36 with a USD 18.3 billion market capitalization.

PAAS, CA6979001089, Illustration mit AI erstellt.

RBC maintained a USD 56.00 target for Pan American Silver in a report cited by Business Insider on October 14, 2026. Against the October 16, 2026 NYSE close of USD 44.21, the target stands 21.05 percent higher. Pan American Silver stock closed at USD 44.21 on October 16, 2026, up 1.01 percent on the NYSE.

Revenue rose in second quarter

The latest operating picture adds weight to the valuation discussion. Pan American Silver reported revenue of USD 1.12 billion for the second quarter of 2026, up 38.00 percent from the year-earlier quarter, while net income reached USD 304.0 million, up 61.00 percent. Simply Wall St also reported a 27.00 percent profit margin for the period, compared with 23.00 percent a year earlier.

Price position after October 16

The USD 44.21 close sat 33.64 percent above the 52-week low of USD 33.08 and 36.84 percent below the 52-week high of USD 69.99. Trading volume reached 4,987,724 shares, 22.64 percent above the average volume of 4,067,150 shares. These levels place the stock well inside its annual range rather than near either boundary.

Valuation and next reporting date

Pan American Silver had a market capitalization of USD 18.3 billion, a P/E ratio of 13.36 and a dividend yield of 0.02 percent as of October 16, 2026. The next scheduled reporting date is November 4, 2026, when the company is expected to report third-quarter results, according to Simply Wall St.

Comparison with peers

Pan American Silver: plus 1.01 percent, P/E 13.36, market capitalization USD 18.3 billion

Hecla Mining (NYSE, USD): minus 1.67 percent, P/E 31.22, market capitalization USD 10.3 billion

Coeur Mining (NYSE, USD): plus 0.39 percent, P/E 12.48, market capitalization USD 16.0 billion

Stock position and investor calendar

Pan American Silver's second-quarter revenue growth is the clearest operating figure in the current picture, while the target from RBC provides a separate market benchmark. The next reporting date on November 4, 2026 gives investors a defined checkpoint for production, costs and cash generation.

The stock closed at USD 44.21 on the NYSE on October 16, 2026, after rising 1.01 percent from the prior close. Its valuation remains lower than Hecla Mining's P/E ratio but slightly above Coeur Mining's, while its market capitalization is higher than both comparison companies.

The company is scheduled to report third-quarter results on November 4, 2026. The market will have to weigh that update against the 38.00 percent year-over-year revenue increase reported for the second quarter.