Pan American Silver Corp. PAAS.TO TSX

Pan American Silver Corp. (PAAS.TO) generated $610.05M in operating cash flow for quarter ending 2025-12-31. After capital expenditures of $96M, free cash flow was $514.05M.

Free cash flow margin was 42.9% of revenue. Cash conversion ratio was 1.33x, indicating earnings are backed by cash.

The company returned $60.15M in dividends and $15.14M in share buybacks to shareholders during the quarter.

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 1.33x confirms earnings are backed by real cash flow

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