PAN AMERN SILVER CORP

Ticker: PAAS CUSIP: 697900108 Class: Common Stock

KEATING INVESTMENT COUNSELORS INC's Holding History (CIK: 0001020580)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 115,291 Value ($000) $5,973 Avg Close $41.86 Range $33.08 - $55.85

Q3 2025

Shares 114,010 Value ($000) $4,416 Avg Close $32.15 Range $26.77 - $39.60

Q2 2025

Shares 115,220 Value ($000) $3,272 Avg Close $25.88 Range $20.55 - $29.66

Q1 2025

Shares 106,385 Value ($000) $2,748 Avg Close $23.93 Range $20.35 - $27.47

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	115,291	$5,973	$41.86	$33.08 - $55.85
Q3 2025	114,010	$4,416	$32.15	$26.77 - $39.60
Q2 2025	115,220	$3,272	$25.88	$20.55 - $29.66
Q1 2025	106,385	$2,748	$23.93	$20.35 - $27.47