Key Takeaways PAAS expands silver output and reserves through the MAG Silver acquisition and Juanicipio stake.Stronger Q3 free cash flow lifts PAAS liquidity and supports a 17% dividend increase.Silver price strength and higher 2025 production guidance drive momentum for both miners.Pan American Silver Corp. (PAAS) and First Majestic Silver Corp. (AG) are well-known names in the silver mining sector, sharing several key similarities that define their strategic positioning and investor appeal. Both are headq ...