Pan American Silver's stock soared 5.07% during intraday trading on Thursday, marking a significant upward movement for the silver mining company.
The sharp increase follows the company's release of record fourth-quarter and full-year 2025 results that substantially exceeded analyst expectations. Pan American Silver reported adjusted earnings of $1.11 per share, beating consensus estimates, while revenue also surpassed forecasts. Adding to the positive sentiment, the company announced a 29% increase in its quarterly dividend, signaling confidence in its financial strength.
The broader rally in silver and gold stocks also provided support, as spot silver prices rose amid lingering geopolitical tensions between the United States and Iran, which prompted a flight to safety, while investors evaluated the Federal Reserve's monetary policy path. Furthermore, analyst confidence was highlighted by Scotiabank maintaining a Buy rating on the stock with a $64.00 price target.
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