Pan American Silver's stock surged 5.03% in pre-market trading, 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, and 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 and market evaluation of monetary policy. Furthermore, analyst confidence was highlighted by Scotiabank maintaining a Buy rating on the stock.
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