Pan American Silver Stock (PAAS) Hits 12‑Month High as Silver Breaks $60: What Today’s Rally Means for 2026
Pan American Silver shares hit a 12-month high of $48.78 on December 10, 2025, after jumping 11% the previous day. The surge follows silver’s move above $60 per ounce and anticipation of a Federal Reserve rate cut. Trading volume topped 17 million shares, with the company’s market cap near $20.4 billion. Strong Q3 cash flow, higher production guidance, and recent acquisitions also supported the rally.