Iamgold (IAG) vs Pan American Silver (PAAS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Iamgold (IAG) has outperformed Pan American Silver (PAAS) over the past year, gaining 49.3% versus a gain of 20.0%. Over five years, IAG leads with a +586.1% price change compared with +83.8% for PAAS. Pan American Silver is the larger company by market cap ($19.18 billion vs $10.73 billion), about 1.8 times the size, while Iamgold is growing revenue faster (+74.7% vs +28.4%).
On valuation, Iamgold trades at a lower forward P/E (7.9x vs 10.1x for Pan American Silver). Pan American Silver pays a dividend yielding 1.34%, while Iamgold does not currently pay one. Pan American Silver converts more of its revenue into profit, with a net margin of 27.1% versus 25.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | IAG | PAAS |
|---|---|---|
| Share price | $18.80 | $46.27 |
| Market cap | $10.73B | $19.18B |
| 1-day change | +2.17% | +2.12% |
| YTD return | +14.01% | -10.69% |
| 1-year return | +49.32% | +20.03% |
| 5-year return | +586.13% | +83.83% |
| P/E ratio (TTM) | 9.49 | 13.41 |
| Forward P/E | 7.92 | 10.14 |
| EPS (TTM) | $1.98 | $3.45 |
| Dividend yield | 0.00% | 1.34% |
| Annual dividend | $0.00 | $0.62 |
| Revenue (latest FY) | $2.85B | $3.62B |
| Revenue growth (YoY) | +74.70% | +28.38% |
| Net income (latest FY) | $732.30M | $980.00M |
| Gross margin | 42.28% | 38.82% |
| Operating margin | 38.33% | 34.07% |
| Net margin | 25.67% | 27.08% |
| 52-week high | $24.87 | $69.99 |
| 52-week low | $10.87 | $33.08 |
| Distance from 52-week high | -24.41% | -33.89% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +29.41% | +39.46% |
| Average volume | 5.38M | 4.02M |
| Shares outstanding | 571.00M | 414.62M |
| Employees | 3,800 | 9,348 |
| Sector | Basic Materials | Basic Materials |
| Industry | Precious Metals | Precious Metals |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- IAG has outperformed PAAS by 29.3 percentage points over the past year.
- Pan American Silver trades at a higher earnings multiple (13.4x vs 9.5x trailing P/E).
- Pan American Silver offers a meaningfully higher dividend yield (1.34% vs 0.00%).
- Iamgold grew revenue faster in its latest fiscal year (+74.70% vs +28.38%).
About Iamgold
IAG stock →IAMGOLD Corporation, through its subsidiaries, operates as a gold producer and developer in Canada and Burkina Faso. The company's flagship project includes Côté Gold that covers an area of 596 hectares located in the Chester and Yeo Townships, district of sudbury, in northeastern Ontario.
Basic Materials · Precious Metals · 3,800 employees
About Pan American Silver
PAAS stock →Pan American Silver Corp. engages in the exploration, mine development, extraction, processing, refining, and reclamation of mines in Chile, Peru, Brazil, Mexico, Canada, Argentina, Bolivia, and Guatemala.
Basic Materials · Precious Metals · 9,348 employees
IAG vs PAAS FAQ
Which is bigger, Iamgold or Pan American Silver?
Pan American Silver (PAAS) is larger, with a market capitalization of $19.18B compared with $10.73B for Iamgold (IAG).
Which stock has performed better over the past year, IAG or PAAS?
IAG returned +49.32% over the past 12 months, compared with +20.03% for PAAS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, IAG or PAAS?
IAG has the lower trailing P/E at 9.5, versus 13.4 for PAAS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Iamgold or Pan American Silver?
Pan American Silver pays a dividend yielding 1.34%, while Iamgold does not currently pay a regular dividend.
Are Iamgold and Pan American Silver in the same industry?
Yes. Both are classified in the Precious Metals industry within the Basic Materials sector.