Pan American Silver Corp. drawdown: 35.5% below the all-time high (price)
Pan American Silver Corp. is 35.5% below its all-time high, set Feb 27, 2026 (as of market close, Oct 20, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −35.5%
- 64.5% of ATH
- All-time high
- $68.7
- Feb 27, 2026
- Time below the high
- 8 mo
- since Feb 27, 2026
- Worst-ever drawdown
- −86.8%
- Jan 19, 2016
- Longest underwater
- 14.6 yrs
- between all-time highs
- Today's level first reached
- Nov 28, 2025
- 11 mo ago
- Last time this deep
- Aug 1, 2025
- in a previous episode
% of all-time high since 1995: price#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Apr 8, 2011 | Jan 19, 2016 | −86.8% | 4.8 yrs | Nov 28, 2025 | 14.6 yrs |
| Feb 4, 1998 | Apr 2, 2001 | −78.4% | 3.2 yrs | Nov 18, 2003 | 5.8 yrs |
| Mar 14, 2008 | Nov 20, 2008 | −78.1% | 8 mo | Apr 8, 2011 | 3.1 yrs |
| Feb 2, 1996 | Jul 7, 1997 | −49.4% | 17 mo | Feb 4, 1998 | 2.0 yrs |
| Apr 19, 2006 | Jun 13, 2006 | −40.6% | 55 days | Jan 23, 2007 | 9 mo |
| Apr 2, 2004 | May 7, 2004 | −40.4% | 35 days | Nov 28, 2005 | 1.7 yrs |
| Feb 27, 2026 | Jul 17, 2026 | −39.2% | 5 mo | not yet | 8 mo+ |
| Apr 16, 2007 | Aug 17, 2007 | −33.6% | 4 mo | Oct 31, 2007 | 7 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1995: how far Pan American Silver Corp. stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Pan American Silver Corp. from its all-time high?
- Pan American Silver Corp. is currently 35.5% below its all-time high, set Feb 27, 2026 (as of market close, Oct 20, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Pan American Silver Corp. drawdown ever?
- The deepest decline on record in our data (since 1995) took Pan American Silver Corp. 86.8% below its prior high, bottoming Jan 19, 2016. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from PAAS; no free deep history exists for Pan American Silver Corp. — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.