11 Best Gold Mining Companies to Invest in Right Now

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8. Pan American Silver Corp. (NYSE:PAAS

Number of Hedge Fund Holders: 29

Pan American Silver Corp. (NYSE:PAAS), a leading precious metals mining company specializing in the production of gold and silver, oversees a wide portfolio of premier mining and exploration projects in North, Central, and South America. The company’s record cash balance of $887.3 million at the beginning of 2025, which was boosted by profits from the sale of the La Arena mine, has positioned it well not only for growth, but for future strategic projects as well.

While Pan American’s Jacobina mine produced 197,000 ounces of gold in 2024, the highest production output in the mine’s history, the company’s La Colorada mine produced 1.6 million ounces of silver in the fourth quarter. Pan American Silver Corp. (NYSE:PAAS) also reached its full-year production target for 2024, producing 21.1 million ounces of silver and 892,000 ounces of gold. Further, the company managed to meet its annual production targets for zinc, lead, and copper.

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