Scotiabank Raises its Price Target on Pan American Silver (PAAS) to $65

On April 22, 2026, Pan American Silver Corp. (NYSE:PAAS) saw Scotiabank rise its terms people to $65 from $64 portion maintaining an Outperform rating. The steadfast said it was updating terms targets crossed its golden and precious metals coverage.

Last month, BofA raised its terms people connected Pan American Silver Corp. (NYSE:PAAS) to $94 from $84 and maintained a Buy standing aft the institution released an updated preliminary economical appraisal for its La Colorada Skarn silver-zinc-lead project. The steadfast said upfront capex was importantly little than successful the anterior appraisal portion inactive supporting beardown metallic accumulation growth.

Earlier successful March, Pan American Silver reported caller drill results from the southeastern and eastbound Candelaria zones astatine its La Colorada Mine successful Zacatecas. Exploration drilling betwixt the Cristina and San Geronimo systems led to the find of astatine slightest 4 caller veins and associated mineralization with precocious silver, gold, and basal metallic grades.

Photo by Scottsdale Mint connected Unsplash

The institution said metallic assays exceeded 1,000 g/t successful 40% of the reported drill holes, with galore besides containing precocious golden and basal metallic grades. Management said the discoveries could grow mineral resources astatine La Colorada and further enactment its phased improvement strategy focused connected higher-grade zones.

Pan American Silver Corp. (NYSE:PAAS) operates metallic and golden mines crossed Chile, Peru, Brazil, Mexico, Canada, Argentina, Bolivia, and Guatemala, producing silver, gold, zinc, lead, and copper.

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