Pan American Silver to Acquire MAG Silver in $2.1 Billion Deal

The latest announcement is out from Pan American Silver ( (TSE:PAAS) ).

On May 11, 2025, Pan American Silver Corp. announced a definitive agreement to acquire all outstanding shares of MAG Silver Corp. for approximately $2.1 billion. This acquisition will allow Pan American to expand its interests in the Juanicipio mine, where MAG holds a 44% joint venture interest. The transaction, expected to close in the second half of 2025, is subject to various approvals and will result in MAG shareholders owning about 14% of Pan American shares. This strategic move is anticipated to strengthen Pan American’s market position and enhance its operational capabilities.

The most recent analyst rating on (TSE:PAAS) stock is a Buy with a C$25.00 price target. To see the full list of analyst forecasts on Pan American Silver stock, see the TSE:PAAS Stock Forecast page.

Spark’s Take on TSE:PAAS Stock

According to Spark, TipRanks’ AI Analyst, TSE:PAAS is a Neutral.

Pan American Silver’s overall score reflects strong financial performance and positive earnings call sentiments, enhanced by strategic corporate events. However, the stock faces technical challenges with downward momentum and high valuation concerns. The company is positioned for growth in the silver industry, but investors should be cautious of market volatility and operational challenges.

To see Spark’s full report on TSE:PAAS stock, click here.

More about Pan American Silver

Pan American Silver Corp. operates in the mining industry, focusing primarily on the production of silver and other precious metals. The company is known for its extensive operations and market presence in North and South America.

Average Trading Volume: 997,730

Technical Sentiment Signal: Buy

Current Market Cap: C$11.5B

For a thorough assessment of PAAS stock, go to TipRanks’ Stock Analysis page.