4. Pan American Silver | Mkt Cap: $21B | Implied Move: 5.89%

Pan American Silver Corp. (NYSE:PAAS) reports second quarter of 2026 results after the closing bell.

Wall Street is looking for 84 cents in earnings per share on $1.15 billion in revenue, compared with 43 cents on $811.90 million a year ago — a setup that puts both production trends and realized pricing in focus for the silver-and-gold miner.

Benzinga Pro data show options are pricing in a 5.89% move around the print, the smallest implied swing in this Benzinga-selected watchlist. Even so, with Pan American Silver at roughly $21.5 billion in market value, that’s about $1.26 billion of market cap theoretically in play.

Pan American Silver carries a Buy consensus rating, and the stock is trading well below the 180-day average analyst price forecast. Recent notes have been mixed: in July, B of A Securities reiterated its Buy rating and cut its price forecast, while TD Cowen upgraded the stock to Buy and raised its price forecast in May.