MERCVSPAAS• 6 Months (Normalized)
MERC vs PAAS (Mercer International Inc. vs Pan American Silver Corp.)
Showing Closing Date Range from Mar, 22 to Sep, 18, 2026.
Normalized cumulative comparison anchored at 0.00% baseline to illustrate pure alpha, return divergence, and market momentum.
MERC Performance $0.4
-69.23%
Mercer International Inc.
Normalized Baseline0.00%
PAAS Performance $49.79
+1.32%
Pan American Silver Corp.
Normalized Baseline0.00%
Alpha Spread Margin PAAS LEADS
-70.55%
PAAS outperforming by 70.55%
MERCPAAS
Spread Trajectory6 Months (Normalized)
Cumulative Performance Trajectory
Interactive divergence comparison normalized at 0.00% on start date.
MERC PAAS
Comparative Historical Ledger
Daily closing prices, normalized percentages, and relative spread divergence.
Historical Quotes & Breakdown(125 dates)
| Date | MERC Price | MERC Gain (%) | PAAS Price | PAAS Gain (%) | Spread |
|---|---|---|---|---|---|
| Sep 18, 2026 | $0.40 | -69.23% | $49.79 | +1.32% | -70.55% |
| Sep 17, 2026 | $0.38 | -70.77% | $49.62 | +0.98% | -71.75% |
| Sep 16, 2026 | $0.37 | -71.54% | $47.56 | -3.22% | -68.32% |
| Sep 15, 2026 | $0.39 | -70.00% | $48.42 | -1.47% | -68.53% |
| Sep 14, 2026 | $0.39 | -70.00% | $48.64 | -1.02% | -68.98% |
| Sep 11, 2026 | $0.39 | -70.00% | $50.34 | +2.44% | -72.44% |
| Sep 10, 2026 | $0.38 | -70.77% | $50.65 | +3.07% | -73.84% |
| Sep 09, 2026 | $0.38 | -70.77% | $52.90 | +7.65% | -78.42% |
| Sep 08, 2026 | $0.38 | -70.77% | $51.00 | +3.79% | -74.56% |
| Sep 04, 2026 | $0.38 | -70.77% | $51.34 | +4.48% | -75.25% |
| Sep 03, 2026 | $0.36 | -72.31% | $52.60 | +7.04% | -79.35% |
| Sep 02, 2026 | $0.36 | -72.31% | $51.54 | +4.88% | -77.19% |
| Sep 01, 2026 | $0.39 | -70.00% | $50.00 | +1.75% | -71.75% |
| Aug 31, 2026 | $0.39 | -70.00% | $51.92 | +5.66% | -75.66% |
| Aug 28, 2026 | $0.39 | -70.00% | $52.87 | +7.59% | -77.59% |
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