Pan American Silver Surges to 266th in Trading Volume with $48.1 Million Turnover Amid $2.1 Billion Acquisition

On May 12, 2025, Pan American Silver (PAAS) saw a significant surge in trading volume, with a turnover of $48.1 million, marking a 174.48% increase from the previous day. This placed Pan American Silver at the 266th position in terms of trading volume for the day. However, the stock price of Pan American Silver declined by 16.13%.

Pan American Silver has announced a significant acquisition, agreeing to purchase MAG Silver for approximately $2.1 billion in cash and stock. This strategic move aims to secure a stake in Mexico's Juanicipio silver mine, one of the world's premier silver mines. The transaction is expected to be completed in the second half of 2025.

Under the terms of the deal, MAG Silver shareholders will have the option to receive $20.54 in cash per share or 0.755 common shares of Pan American Silver. This acquisition will grant Pan American Silver a 44% stake in the Juanicipio mine, with Fresnillo retaining the remaining 56% interest. The boards of both companies have unanimously approved the transaction.