Pan American Silver Corp. PAAS.TO TSX

Pan American Silver Corp. (PAAS.TO) generated $1.4B in operating cash flow for fiscal year 2025. After capital expenditures of $319.5M, free cash flow was $1.08B.

Free cash flow margin was 29.4% of revenue. Cash conversion ratio was 1.41x, indicating earnings are backed by cash.

The company returned $178.06M in dividends and $46.81M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (100/100, Pass) — demonstrate the company can comfortably service its debt
• MOAT (66/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (85/100) — Cash conversion ratio was 1.41x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 72/100 with 4/7 criteria passed.