Pan American Silver stock slips into 2026 as bullion cools; Galleon financing in focus
Pan American Silver shares closed down 1.7% at $51.81 on Dec. 31, as bullion prices eased from record highs. Galleon Gold announced a $46 million credit facility from Pan American, with an initial $11 million draw to buy back a royalty at its West Cache project. Investors are watching silver prices, U.S. economic data, and Pan American’s Feb. 18 results. U.S. markets were closed Thursday for New Year’s Day.