Pan American Silver Corp. (0R07.L)

Pan American Silver Corp. (0R07.L) — VMCI valuation read

Composite valuation read on 0R07.L: VMCI 58/100 against a Basic Materials sector median of 50. The 8-point above-median print is the headline number for Pan American Silver Corp., and at the mid-cap tier it reflects how the five pillars combine into a single decision-grade score.

Trailing 30-day insider activity for 0R07.L: nothing material on SEC EDGAR. With the Form 4 channel quiet, the price-vs-DCF gap and the trailing margin trend carry more weight in the active read.

**Investor frame.** Value, quality, risk in three lines on 0R07.L: 0R07.L trades at 25.0x earnings, 39% above the Basic Materials median of 18.0x; ROIC of 17.0% sits 7.0pp above the Basic Materials median (10.0%); net debt to EBITDA of -2.0x leaves covenant headroom. EV/EBITDA at 14.0x versus 12.0x for Basic Materials closes the value frame.

0R07.L fell 3.1% over the trailing 7 days, with a -6.2% read on a 30-day basis.