Pan American Silver shares rise 5.44% intraday as silver surges past $95, offering leveraged exposure for investors.

Pan American Silver (PAAS) surged 5.44% intraday as silver prices climbed past $95, fueling demand for leveraged mining exposure. The rally followed a record 2025 production report exceeding guidance and a Wall Street Zen upgrade to "Buy," alongside institutional buying by firms like Knights of Columbus and Hollencrest Capital. Analysts highlighted the stock’s potential to outperform the metal due to its operational leverage, while renewed optimism over 2026 production targets further bolstered momentum.