Pan American Silver Corp (PAAS) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The company's strong financial performance, increased hedge fund buying, and positive analyst sentiment outweigh the short-term technical weakness and pre-market decline.
The MACD is negative and expanding (-0.659), indicating bearish momentum. RSI is neutral at 39.243, showing no clear signal. Moving averages are converging, suggesting indecision in price direction. The stock is trading near its support level (S1: 57.763), with resistance at 62.515. Pre-market price is $59.45, down 1.03%.

Hedge funds are significantly increasing their buying activity (+269.91% last quarter).
Analysts have raised price targets, with the highest at $88, citing increased demand for precious metals and geopolitical uncertainty.
Financial performance is exceptionally strong, with revenue up 44.68% YoY, net income up 319.61% YoY, and gross margin up 112.35% YoY.
The launch of the PAAU ETF provides additional exposure to the stock, reflecting investor interest in silver as a hedge.
The MACD and RSI indicate short-term bearish momentum.
Pre-market price is down 1.03%, reflecting short-term selling pressure.
Jefferies downgraded the price target to $54, citing mixed Q4 production results and higher costs in 2026 guidance.
In Q4 2025, Pan American Silver reported a 44.68% YoY increase in revenue to $1.1793 billion. Net income surged 319.61% YoY to $451.5 million, with EPS up 256.67% to $1.07. Gross margin improved significantly to 48.16%, up 112.35% YoY. These figures indicate robust growth and profitability.
Analysts are bullish on PAAS. Recent upgrades include BofA raising the price target to $84 and CIBC to $88, citing strong demand for precious metals and geopolitical uncertainty. Scotiabank also raised its target to $64, while Jefferies lowered its target to $54 due to mixed production results.