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COFECE Approves Pan American Silver’s Acquisition of MAG Silver

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COFECE Approves Pan American Silver’s Acquisition of MAG Silver

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Pan American Silver ( (TSE:PAAS) ) has provided an announcement.

On August 25, 2025, Pan American Silver Corp. announced that the Mexican Federal Economic Competition Commission (COFECE) approved its acquisition of all issued and outstanding shares of MAG Silver Corp. The arrangement is expected to be completed by September 4, 2025, with MAG shareholders having until August 27, 2025, to choose between cash or a combination of cash and Pan American shares. This acquisition is significant for Pan American as it strengthens its position in the precious metals market, particularly in the Americas, and offers potential growth opportunities for stakeholders.

The most recent analyst rating on (TSE:PAAS) stock is a Buy with a C$51.00 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 Outperform.

Pan American Silver’s overall stock score is driven by strong financial performance and positive technical indicators. The company’s record earnings and strategic growth plans, including the acquisition of MAG Silver, enhance its outlook. While the valuation is moderate, the positive earnings call sentiment and robust financial health support a favorable stock assessment.

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

More about Pan American Silver

Pan American Silver Corp. is a leading producer of silver and gold in the Americas, with operations in Canada, Mexico, Peru, Brazil, Bolivia, Chile, and Argentina. The company is known for its sustainability performance, operational excellence, and prudent financial management. It is headquartered in Vancouver, B.C., and its shares are traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol ‘PAAS’.

Average Trading Volume: 1,090,678

Technical Sentiment Signal: Buy

Current Market Cap: C$16.3B

Learn more about PAAS stock on TipRanks’ Stock Analysis page.

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