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Silver Surge: Pan American Shares Soar 1.22%!
Friday, Jun 6, 2025 4:50 am ET1min read
Pan American Silver Corp. surged 1.22% in premarket trading, as spot silver prices rose above $36/ounce for the first time since February 2012, up over 24% year-to-date. The company's stock also rose 7.8% on the U.S. market, in line with other silver miners, indicating a broader upward trend in the silver sector. Additionally, the company's Q1 2025 report showed strong performance with mining operating earnings of $250.8 million, revenue of $773 million, and net income of $169 million.
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