PAAS vs IREN

Comparison between Pan American Silver Corp (PAAS, Company) and Iris Energy Ltd (IREN, Company).

PAAS is from the Basic Materials sector, while IREN is from the Financial Services sector.

5-Year PerformanceIREN has outperformed PAAS, delivering a return of +24.2% compared to +12.7%

PAAS vs IREN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PAAS(COMPANY)	IREN(COMPANY)
Market Cap	$22B	$23B
Max Drawdown	86.80%	95.73%
Sharpe Ratio	1.52	2.46
5Y Beta	1.00	2.71
Industry	Gold	Capital Markets
P/E Ratio	17.00	817.87
Forward P/E	11.17	136.99
PEG Ratio	0.06	4.05
Dividend Yield	0.97%	N/A
5Y Dividends CAGR	30.53%	N/A
5Y EPS CAGR	21.78%	N/A
Debt to Equity	11.49%	0.00%
Free Cash Flow Yield	6.07%	-6.45%
P/S Ratio	5.62	30.54
P/B Ratio	3.06	9.10

Market Cap

PAAS

$22B

Winner

IREN

$23B

Max Drawdown

Winner

PAAS

86.80%

IREN

95.73%

Sharpe Ratio

PAAS

1.52

Winner

IREN

2.46

5Y Beta

Winner

PAAS

1.00

IREN

2.71

Industry

PAAS

Gold

IREN

Capital Markets

P/E Ratio

Winner

PAAS

17.00

IREN

817.87

Forward P/E

Winner

PAAS

11.17

IREN

136.99

PEG Ratio

Winner

PAAS

0.06

IREN

4.05

Dividend Yield

PAAS

0.97%

IREN

N/A

5Y Dividends CAGR

PAAS

30.53%

IREN

N/A

5Y EPS CAGR

PAAS

21.78%

IREN

N/A

Debt to Equity

PAAS

11.49%

Winner

IREN

0.00%

Free Cash Flow Yield

Winner

PAAS

6.07%

IREN

-6.45%

P/S Ratio

Winner

PAAS

5.62

IREN

30.54

P/B Ratio

Winner

PAAS

3.06

IREN

9.10

PAAS vs IREN - Historical Returns

Returns include dividend reinvestment.

Period	PAAS	IREN
1 month	+3.25%	+32.34%
3 months	-14.32%	+68.55%
6 months	+19.06%	+48.95%
1 year	+102.98%	+636.56%
5 years(CAGR)	+12.72%	+24.22%
10 years(CAGR)	+14.57%	N/A
Max(CAGR)	+9.23%	+24.22%

PAAS

+3.25%

Winner

IREN

+32.34%

PAAS

-14.32%

Winner

IREN

+68.55%

PAAS

+19.06%

Winner

IREN

+48.95%

PAAS

+102.98%

Winner

IREN

+636.56%

5Y(CAGR)

PAAS

+12.72%

Winner

IREN

+24.22%

10Y(CAGR)

PAAS

+14.57%

IREN

N/A

Max(CAGR)

PAAS

+9.23%

Winner

IREN

+24.22%

PAAS vs IREN - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PAAS	IREN
2026	+3.67%	+53.35%
2025	+146.30%	+261.09%
2024	+29.74%	+44.41%
2023	-2.50%	+500.84%
2022	-31.22%	-91.79%
2021	-32.30%	-33.87%
2020	+48.18%	N/A
2019	+63.44%	N/A
2018	-6.75%	N/A
2017	-0.50%	N/A
2016	+123.70%	N/A
2015	-29.87%	N/A
2014	-20.03%	N/A
2013	-36.68%	N/A
2012	-16.75%	N/A
2011	-46.30%	N/A
2010	+67.20%	N/A
2009	+40.14%	N/A
2008	-54.11%	N/A
2007	+42.17%	N/A
2006	+26.17%	N/A
2005	+23.80%	N/A
2004	+10.51%	N/A
2003	+81.24%	N/A
2002	+93.58%	N/A
2001	+59.62%	N/A
2000	-50.00%	N/A
1999	-19.05%	N/A

PAAS vs IREN Drawdown Comparison

The maximum drawdown for PAAS was -85.09%, occurring on Jan 19, 2016. Recovery took 2336 trading sessions.

The maximum drawdown for IREN was -95.73%, occurring on Dec 28, 2022. Recovery took 946 trading sessions.

The current PAAS drawdown is -22.98%. The current IREN drawdown is -14.30%.

Rank	PAAS	IREN
#1	-85.09% Apr 8, 2011 - Jul 22, 2020	-95.73% Nov 19, 2021 - Aug 29, 2025
#2	-78.13% Mar 14, 2008 - Apr 8, 2011	-58.62% Nov 5, 2025 - Mar 30, 2026
#3	-66.76% Aug 5, 2020 - Sep 8, 2025	-25.49% Oct 14, 2025 - Nov 5, 2025
#4	-64.22% Nov 22, 1999 - May 17, 2002	-11.20% Sep 24, 2025 - Oct 3, 2025
#5	-46.85% Jun 3, 2002 - Aug 7, 2003	-10.24% Sep 2, 2025 - Sep 9, 2025
#6	-40.64% Mar 29, 2006 - Jan 23, 2007	-6.39% Oct 9, 2025 - Oct 13, 2025
#7	-40.43% Apr 2, 2004 - Nov 28, 2005	-4.29% Nov 17, 2021 - Nov 19, 2021
#8	-33.64% Apr 16, 2007 - Oct 31, 2007	-4.17% Sep 17, 2025 - Sep 19, 2025
#9	-31.90% Feb 27, 2026 - Mar 20, 2026	-2.58% Oct 7, 2025 - Oct 9, 2025
#10	-21.01% Oct 16, 2025 - Nov 26, 2025	-2.32% Sep 10, 2025 - Sep 12, 2025
#11	-20.49% Jan 28, 2026 - Feb 26, 2026	-1.86% Sep 15, 2025 - Sep 17, 2025
#12	-19.42% Nov 7, 2007 - Jan 2, 2008	-0.31% Sep 22, 2025 - Sep 24, 2025
#13	-16.62% Feb 26, 2007 - Apr 16, 2007	N/A
#14	-16.38% Sep 19, 2003 - Nov 12, 2003	N/A
#15	-15.24% Jan 14, 2008 - Feb 26, 2008	N/A