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FMP

Pan American Silver Corp. (NASDAQ: PAAS) Overview and Recent Updates

  • Jefferies updated its rating for PAAS to "Hold" and increased the price target from $42 to $50.
  • PAAS acquired 18.75 million units of securities from Galleon Gold Corp., indicating strategic portfolio expansion.
  • The stock price of PAAS shows slight volatility with a current price of $44.39 and a yearly high of $46.60.

Pan American Silver Corp. (NASDAQ: PAAS) is a prominent player in the mining industry, primarily focusing on the production of silver, gold, zinc, lead, and copper. The company operates several mines across the Americas, making it one of the largest silver producers globally. Its competitors include other major mining companies like First Majestic Silver and Hecla Mining.

On December 7, 2025, Jefferies updated its rating for PAAS to "Hold," with the stock priced at $44.39. This update came alongside an increase in the price target from $42 to $50. This suggests a cautious optimism about the stock's future performance, indicating potential for growth but also some risks.

Recently, PAAS acquired 18.75 million units of securities from Galleon Gold Corp. at C$0.60 per unit. This acquisition was part of a non-brokered private placement, highlighting PAAS's strategic interest in expanding its investment portfolio. Each unit consists of one common share, aligning with PAAS's focus on diversifying its assets.

The stock for PAAS is currently priced at $44.39, reflecting a slight increase of 0.19, or 0.43%. Today, the stock has fluctuated between $44.03 and $45.84, showing some volatility. Over the past year, PAAS has seen a high of $46.60 and a low of $19.80, indicating significant price movement.

PAAS's market capitalization is approximately $16.27 billion, with a trading volume of 4,279,664 shares. This large market cap reflects the company's substantial presence in the mining sector. The trading volume suggests active investor interest, which could be influenced by recent strategic moves and market conditions.