2024-04-24 02:17:11 ET
Summary
- Demand for silver has outpaced supply in recent years, driving up the price per ounce.
- Pan American Silver, one of the world's biggest silver producers, has seen its stock value increase by 36.31% in one month.
- The upcoming Q1 results may provide insight into PAAS's future performance, but the overall outlook for silver remains positive.
Introduction
The Green Dream, Carbon Zero Targets, Sustainability and Renewable Energy are all part of everyday parlance. The importance of the need to harness wind power and solar power to meet our ever-increasing demands for energy is constantly being highlighted. Silver is a ‘must have’ metal in these operations due to its resistance to corrosion and its superior ability to conduct electricity. When we add the additional demand for silver for EVs, telephones, medical applications, computers, and their associated monitors, the importance of silver comes into focus....
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Pan American Silver: Has The Potential To Improve Performance Significantly