AU vs. PAAS: AngloGold Ashanti vs. Pan American Silver Stock Comparison
How do AngloGold Ashanti (AU) and Pan American Silver (PAAS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
AngloGold Ashanti (AU) and Pan American Silver (PAAS) both belong to the Metals & Mining industry, though AU is classified under Gold while PAAS falls under Silver.
| Profile Item | AU | PAAS |
|---|---|---|
| Name | AngloGold Ashanti plc | Pan American Silver Corp. |
| Country/Region | United States | Canada |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Metals & Mining | Metals & Mining |
| GICS Sub-Industry | Gold | Silver |
| Market Capitalization | 47.04 billion USD | 16.98 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | August 5, 1998 | June 12, 1995 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AU | PAAS |
|---|---|---|
| Total Return (1Y) | 47.97% | 22.43% |
| Total Return (3Y, Annualized) | 87.34% | 47.84% |
| Total Return (5Y, Annualized) | 42.76% | 11.59% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AU | PAAS |
|---|---|---|
| Volatility (1Y, Annualized) | 60.11% | 58.13% |
| Beta (5Y) | 0.67 | 0.72 |
| Max Drawdown (5Y) | -51.75% | -57.39% |
| Avg. Volume (3M) | 2.54M | 4.31M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AU | PAAS |
|---|---|---|
| Sharpe Ratio (1Y) | 0.73 | 0.31 |
| Sortino Ratio (1Y) | 1.07 | 0.45 |
Profitability
ROE (TTM)
Both AngloGold Ashanti (AU) at 44.33% and Pan American Silver (PAAS) at 22.39% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
AU
Materials industry group
44.33%
- Max
- 52.88%
- AU
- 44.33%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
PAAS
Materials industry group
22.39%
- Max
- 52.88%
- PAAS
- 22.39%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
For every dollar of sales, both AngloGold Ashanti (AU) at 32.64% and Pan American Silver (PAAS) at 35.16% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
AU
Materials industry group
32.64%
- Max
- 38.66%
- AU
- 32.64%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
PAAS
Materials industry group
35.16%
- Max
- 38.66%
- PAAS
- 35.16%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Both AngloGold Ashanti (AU) at 45.36% and Pan American Silver (PAAS) at 34.29% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
AU
Materials industry group
45.36%
- Max
- 66.70%
- AU
- 45.36%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
PAAS
Materials industry group
34.29%
- Max
- 66.70%
- PAAS
- 34.29%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | AU | PAAS |
|---|---|---|
| ROE (TTM) | 44.33% | 22.39% |
| ROA (TTM) | 24.39% | 11.27% |
| Net Margin (TTM) | 32.64% | 35.16% |
| Operating Margin (TTM) | 45.36% | 34.29% |
| Gross Margin (TTM) | 54.84% | 55.17% |
Growth
Revenue Growth
AngloGold Ashanti (AU) at 70.78% sits in the top revenue growth quartile, while Pan American Silver (PAAS) at 28.38% is closer to the peer norm — faster top-line expansion for AU.
EPS Growth
Both companies show strong earnings momentum, but Pan American Silver (PAAS) at 725.81% is the standout with EPS growth above its industry range; AngloGold Ashanti (AU) at 122.32% also sits in the top quartile.
Growth Metrics
| Metric | AU | PAAS |
|---|---|---|
| Revenue Growth (YoY) | 70.78% | 28.38% |
| Revenue Growth (3Y CAGR) | 30.02% | 34.28% |
| EPS Growth (YoY) | 122.32% | 725.81% |
| EPS Growth (3Y CAGR) | 93.95% | -- |
Financial Strength
Current Ratio (MRQ)
Both AngloGold Ashanti (AU) at 2.55 and Pan American Silver (PAAS) at 2.72 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
AU
Materials industry group
2.55
- Max
- 5.96
- Q3
- 3.30
- AU
- 2.55
- Median
- 2.24
- Q1
- 1.45
- Min
- 0.16
PAAS
Materials industry group
2.72
- Max
- 5.96
- Q3
- 3.30
- PAAS
- 2.72
- Median
- 2.24
- Q1
- 1.45
- Min
- 0.16
Debt / Equity (MRQ)
Pan American Silver (PAAS) at 0.11 keeps leverage in the lower industry quartile, while AngloGold Ashanti (AU) at 0.16 runs a more typical debt-to-equity mix.
AU
Materials industry group
0.16
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- AU
- 0.16
- Q1
- 0.13
- Min
- 0.00
PAAS
Materials industry group
0.11
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- Q1
- 0.13
- PAAS
- 0.11
- Min
- 0.00
Financial Strength Metrics
| Metric | AU | PAAS |
|---|---|---|
| Current Ratio (MRQ) | 2.55 | 2.72 |
| Debt / Equity (MRQ) | 0.16 | 0.11 |
| Net Debt / EBITDA | -0.17 | -0.39 |
Dividends
Dividend Yield (TTM)
Pan American Silver (PAAS) at 1.69% pays an industry-typical yield; AngloGold Ashanti (AU) at 4.88% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.
AU
Materials industry group
4.88%
- AU
- 4.88%
- Max
- 4.52%
- Q3
- 1.85%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
PAAS
Materials industry group
1.69%
- Max
- 4.52%
- Q3
- 1.85%
- PAAS
- 1.69%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Pan American Silver (PAAS) at 18.00% pays out a band-typical share of earnings, while AngloGold Ashanti (AU) at 58.78% distributes more than its industry norm — less retained, thinner cover.
AU
Materials industry group
58.78%
- Max
- 83.62%
- AU
- 58.78%
- Q3
- 41.37%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
PAAS
Materials industry group
18.00%
- Max
- 83.62%
- Q3
- 41.37%
- PAAS
- 18.00%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AU | PAAS |
|---|---|---|
| Dividend Yield (TTM) | 4.88% | 1.69% |
| Dividend Payout Ratio (TTM) | 58.78% | 18.00% |
Valuation
P/E Ratio (TTM)
Pan American Silver (PAAS) at 10.83 sits in the cheaper P/E ratio quartile, while AngloGold Ashanti (AU) at 12.09 is closer to its industry’s usual earnings multiple — a discount for PAAS, though growth and earnings durability still matter.
AU
Materials industry group
12.09
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- AU
- 12.09
- Q1
- 11.96
- Min
- 3.93
PAAS
Materials industry group
10.83
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- PAAS
- 10.83
- Min
- 3.93
P/S Ratio (TTM)
On P/S ratio, both AngloGold Ashanti (AU) at 3.91 and Pan American Silver (PAAS) at 3.80 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
AU
Materials industry group
3.91
- Max
- 9.62
- Q3
- 4.34
- AU
- 3.91
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
PAAS
Materials industry group
3.80
- Max
- 9.62
- Q3
- 4.34
- PAAS
- 3.80
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
Pan American Silver (PAAS) at 2.29 is valued about in line with its industry on P/B ratio, while AngloGold Ashanti (AU) at 5.01 carries an above-peer premium to book — AU is pricier on assets.
AU
Materials industry group
5.01
- Max
- 6.59
- AU
- 5.01
- Q3
- 3.55
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
PAAS
Materials industry group
2.29
- Max
- 6.59
- Q3
- 3.55
- PAAS
- 2.29
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | AU | PAAS |
|---|---|---|
| P/E Ratio (TTM) | 12.09 | 10.83 |
| P/S Ratio (TTM) | 3.91 | 3.80 |
| P/B Ratio (MRQ) | 5.01 | 2.29 |
| Free Cash Flow Yield (TTM) | 7.61% | 8.01% |