Kinross Gold (KGC) vs Pan American Silver (PAAS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Pan American Silver (PAAS) has outperformed Kinross Gold (KGC) over the past year, gaining 20.0% versus a loss of 2.2%. Over five years, KGC leads with a +288.5% price change compared with +83.8% for PAAS. Kinross Gold is the larger company by market cap ($28.16 billion vs $19.18 billion), about 1.5 times the size.
On valuation, Kinross Gold trades at a lower forward P/E (8.5x vs 10.1x for Pan American Silver). Pan American Silver offers the higher dividend yield (1.34% vs 0.65%). Kinross Gold converts more of its revenue into profit, with a net margin of 33.9% versus 27.1%.
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 | KGC | PAAS |
|---|---|---|
| Share price | $23.74 | $46.27 |
| Market cap | $28.16B | $19.18B |
| 1-day change | +1.71% | +2.12% |
| YTD return | -15.70% | -10.69% |
| 1-year return | -2.22% | +20.03% |
| 5-year return | +288.54% | +83.83% |
| P/E ratio (TTM) | 9.03 | 13.69 |
| Forward P/E | 8.45 | 10.13 |
| EPS (TTM) | $2.63 | $3.38 |
| Dividend yield | 0.65% | 1.34% |
| Annual dividend | $0.155 | $0.62 |
| Revenue (latest FY) | $7.05B | $3.62B |
| Revenue growth (YoY) | +36.95% | +28.38% |
| Net income (latest FY) | $2.39B | $980.00M |
| Gross margin | 52.70% | 38.82% |
| Operating margin | 46.48% | 34.07% |
| Net margin | 33.90% | 27.08% |
| 52-week high | $39.11 | $69.99 |
| 52-week low | $22.01 | $33.08 |
| Distance from 52-week high | -39.30% | -33.89% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +42.63% | +39.46% |
| Average volume | 7.96M | 4.02M |
| Shares outstanding | 1.19B | 414.62M |
| Employees | — | 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
- PAAS has outperformed KGC by 22.2 percentage points over the past year.
- Pan American Silver trades at a higher earnings multiple (13.7x vs 9.0x trailing P/E).
- Kinross Gold is more profitable, keeping 33.9 cents of every revenue dollar as net income versus 27.1 cents for Pan American Silver.
- Kinross Gold grew revenue faster in its latest fiscal year (+36.95% vs +28.38%).
About Kinross Gold
KGC stock →Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver.
Basic Materials · Precious Metals
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
KGC vs PAAS FAQ
Which is bigger, Kinross Gold or Pan American Silver?
Kinross Gold (KGC) is larger, with a market capitalization of $28.16B compared with $19.18B for Pan American Silver (PAAS).
Which stock has performed better over the past year, KGC or PAAS?
PAAS returned +20.03% over the past 12 months, compared with -2.22% for KGC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, KGC or PAAS?
KGC has the lower trailing P/E at 9.0, versus 13.7 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, Kinross Gold or Pan American Silver?
Pan American Silver has the higher yield at 1.34%, compared with 0.65% for Kinross Gold.
Are Kinross Gold and Pan American Silver in the same industry?
Yes. Both are classified in the Precious Metals industry within the Basic Materials sector.