PAASF

What one share of Pan American Silver holds

Gold and Silver Ores

This annual information form (“AIF”) provides important information about Pan American Silver Corp. It describes our business, including our goals and strategy, our history, our operations and development projects, our mineral reserves and mineral resources, our approach to environmental, social and governance (“ESG”) matters, the regulatory environment that we operate in, the risks we face, and the market for our products, among other things.

Pan American Silver’s numbers from its SEC filings, divided by its shares. Results cover the latest fiscal year to 2025-12-31; the balance sheet is as of 2025-12-31.

Per-share figures
Sales$9.48
Profit$2.57
Capex (buildings and equipment)$0.82
Free cash flow$2.67
Dividends$0.46
Cash and investments$2.88
Debt$1.69
Book value$16.59

Per share by fiscal year

YearSalesProfitCapexFree cashDividendsBook value
2016$5.08$0.67$1.33$0.08—$9.18
2017$5.33$0.81$0.93$0.54—$9.89
2018$5.11$0.07$0.94$0.07—$9.83
2019$6.70$0.55$1.02$0.38—$11.74
2020$6.37$0.84$0.85$1.35—$12.38
2021$7.76$0.47$1.16$0.71—$12.50
2022$7.10−$1.62$1.30−$1.15—$10.42
2023$7.09−$0.32$1.16$0.22—$13.06
2024$7.76$0.31$0.89$1.10—$12.96
2025$9.48$2.57$0.82$2.67—$16.59