Key Takeaways PAAS shares surged 163% in a year, lifted by higher precious metal prices and a transformative acquisition.PAAS boosted growth by acquiring MAG Silver, adding a 44% stake in the high-grade Juanicipio mine.PAAS posted record cash flow, raised its dividend and trades at a discount to key silver peers.Pan American Silver Corp. (PAAS) stock has appreciated 163% in a year compared with the industry’s upsurge of 174.8%. Meanwhile, the Basic Materials sector has risen 37.5%, and the S&P 500 has retur ...