Pan American Silver Corp Surges to Top 413 in Trading Volume with $22.7 Million Turnover

On July 11, 2025, Pan American Silver Corp. (PAAS) saw a significant increase in trading volume, with a turnover of $22.7 million, marking a 98.22% rise from the previous day. This surge placed Pan American Silver among the top 413 stocks by trading volume for the day. The stock price of Pan American Silver Corp. (PAAS) rose by 3.37%, marking the third consecutive day of gains, with a total increase of 6.12% over the past three days.

MAG Silver shareholders have overwhelmingly approved the proposed acquisition by Pan American Silver, with 99.52% of votes in favor. This strong support underscores confidence in the deal, which includes a cash option of $20.54 per share or 0.755 Pan American shares plus nominal cash per MAG share. The total deal value is $500 million in cash, with the remainder paid in Pan American shares.

The transaction is expected to close in the second half of 2025, pending final court approval on July 14 and Mexican competition authorization. Following the closure, MAG shares will be delisted from the Toronto Stock Exchange and NYSE American, completing the absorption into Pan American's corporate structure.

This acquisition represents a strategic move by Pan American to strengthen its precious metals portfolio, particularly gaining increased exposure to MAG's interest in the Juanicipio project. The deal is expected to enhance Pan American's operational capabilities and financial performance, reflecting a significant consolidation in the mining sector.