5 Best Silver Mining Stocks To Buy Now

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

Number of Hedge Fund Holders: 18    

Pan American Silver Corp. (NASDAQ:PAAS) engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Argentina, and Bolivia. The firm is one of the most reliable in the silver business as it has consistently paid a dividend to shareholders for the past twelve years. In the last three, these payouts have grown. On February 23, the firm declared a quarterly dividend of $0.10 per share, in line with previous. 

On March 1, investment advisory National Bank maintained an Outperform rating on Pan American Silver Corp. (NASDAQ:PAAS) stock and lowered the price target on the shares of the mining firm to C$32 from C$32.50. 

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Slate Path Capital is a leading shareholder in Pan American Silver Corp. (NASDAQ:PAAS) with 3.8 million shares worth more than $63 million. 

At the end of the fourth quarter of 2022, 18 hedge funds in the database of Insider Monkey held stakes worth $282 million in Pan American Silver Corp. (NASDAQ:PAAS), compared to 21 in the previous quarter worth $210 million.