10 Best Junior Silver Mining Stocks to Buy According to Analysts

8. Pan American Silver Corp. (NYSE:PAAS)

Average Upside Potential: 12.80%

Number of Hedge Fund Holders: 35

Pan American Silver Corp. (NYSE:PAAS) is a top silver mining company with operations in North and South America. The company solidified its position in the industry with the complete integration of Yamana-acquired mines. These mines contributed to an all-time high Q4 revenue of $815.1 million and full-year revenue of $2.8 billion. These results were driven by strong silver and gold production, along with favorable metal prices. Output for silver reached 21.1 million ounces, and gold production hit a record 892,000 ounces. However, the all-in-sustaining cost of silver was higher than expected, at $18.98 per ounce.

Capitalizing on its momentum, Pan American Silver Corp. (NYSE:PAAS) made key operational leaps in 2024, with the completion of infrastructural upgrades at Huaron and Timmins for long-term efficiency and the installation of a new ventilation system at La Colorada, which increased throughput and reduced costs. The company expects silver production to be between 20 and 21 million ounces in 2025, while the AISC is forecasted to remain between $16.25 and $18.25 per ounce.

Investor interest remains keen in light of key strategic improvements and efficient cash management. The company’s stock has also improved by 14.55% in 2025, indicating strong potential.

However, Pan American Silver Corp. (NYSE:PAAS) still faces challenges as production at the Dolores mine is expected to decline through 2026, transitioning to residual leaching. Moreover, the Escobal mine in Guatemala remains closed and is still under consultation. The company, with $1.6 billion in liquidity, is well-positioned to overcome these concerns and keep its focus on efficiency and cost-cutting. Pan American Silver Corp.’s (NYSE:PAAS) rising margins and operational advancements have solidified its position among the 10 Best Junior Silver Mining Stocks to Buy According to Analysts.