Why Pan American Silver Stock Skyrocketed by 11% Today

Tuesday was a banner day to be in the silver business, so it was hardly surprising that investors piled into the stock of Pan American Silver (NYSE: PAAS). The company's share price zoomed more than 11% higher as a result, crushing the essentially flat performance of the benchmark S&P 500 index. Silver is on a tear these days, with its price zooming to all-time highs (at over $61 per troy ounce, as of this writing). It has more than doubled this year, surpassing the growth rates of the No. 1 precious metal, gold, and platinum.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool