5 Best Junior Silver Mining Stocks

2. Pan American Silver Corp. (NASDAQ:PAAS)

Number of Hedge Fund Holders: 18

Pan American Silver Corp. (NASDAQ:PAAS) is a mining company that has operations in Argentina, Bolivia, Peru, and Mexico.

In a research note issued to investors on August 15, Don Demarco at the National Bank of Canada gave Pan American Silver Corp. (NASDAQ:PAAS) stock a target price of $23.92 (C$33) and reiterated an Outperform rating on the stock. Pan American Silver Corp. (NASDAQ:PAAS) stock is presently trading at a price-to-net asset value (P/NAV) ratio of 0.9x and a forward price-to-cash flow (P/CF) multiple of 7.1x only. In the past, Pan American Silver Corp. (NASDAQ:PAAS) stock traded at a forward P/CF ratio of 12.8x, reflecting a steep valuation discount. The stock’s annual forward dividend yield stands at 2.96% as of September 28. Experts term Pan American Silver Corp. (NASDAQ:PAAS) as one of the best silver mining stocks to gain exposure to the mining industry.

As of Q2 2022, Pan American Silver Corp. (NASDAQ:PAAS) was held by 18 hedge funds.