Jim Cramer: Rivian Better Than This Automaker, Pan American Silver Is The 'Best Silver Mine'
May 22, 2025, 8:45 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Jim Cramer's positive view of PAAS aligns with rising silver demand and acquisition growth, suggesting potential long-term gains. Historical examples like Barrick Gold following strategic acquisitions show similar positive impacts.
AI summary
What happened, with direct paths to the underlying reporting
Cramer praised PAAS as the best silver mine available currently. PAAS announced a definitive deal to acquire MAG Silver Corp. PAAS shares rose 1.3% in a generally declining market. Cramer believes PAAS has strong future potential due to acquisitions.
Cramer praised PAAS as the best silver mine available currently.
PAAS announced a definitive deal to acquire MAG Silver Corp.
PAAS shares rose 1.3% in a generally declining market.
Cramer believes PAAS has strong future potential due to acquisitions.
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- PAAS reported adjusted EPS of 1 cent, a 90% decrease from the previous year. - Revenues rose 54% YoY to $601 million due to new mine acquisitions and higher metal volume. - Silv…