Core Viewpoint - Pan American Silver (PAAS) is showing potential for a bullish trend following a recent technical breakout and positive earnings estimate revisions [1][4]. Technical Analysis - PAAS has recently surpassed the 20-day moving average, indicating a short-term bullish trend [1][2]. - The stock has rallied 8.2% over the past four weeks, suggesting upward momentum [4]. Earnings Estimates - There have been 7 upward revisions for PAAS's earnings estimates for the current fiscal year, with no downward revisions, indicating strong investor confidence [4][5]. - The consensus estimate for earnings has also increased, further supporting the bullish outlook for PAAS [4].

Core Points - Kuya Silver Corporation held its Annual General and Special Meeting of Shareholders on June 26, 2025, where all proposed matters were approved, including the appointment of new directors and the auditor [1][2] - The company welcomed three new independent directors: Gene McBurney, Lisa Wilkinson, and Sandro Ferrarone, enhancing the board's expertise in mining operations and corporate governance [3][8] - The company operates the Bethania silver mine in Peru and is focused on developing district-scale silver projects in mining-friendly jurisdictions [9] Summary by Category Shareholder Meeting Results - All matters put forward to shareholders were approved, including the appointment of Davidson & Company LLP as the auditor until the next annual meeting [2] - Shareholders ratified the 10% rolling equity incentive plan, which requires re-approval by June 27, 2028 [2] New Directors - Gene McBurney has over 25 years of investment banking experience and co-founded GMP Securities, contributing significant expertise in resource sectors [4] - Lisa Wilkinson has over 20 years in investor relations and corporate communications, currently serving as Vice President at Centerra Gold [5] - Sandro Ferrarone is Vice President and Country Manager for Coeur Mining in Mexico, with extensive international mining experience [6] Company Overview - Kuya Silver is a Canadian-based mining company focused on silver, operating the Bethania silver mine in Peru [9]

Core Insights - Pan American Silver Corp. (PAAS) reported a significant decrease in All-in Sustaining Costs (AISC) for its silver segment in Q1 2025, with AISC at $13.94, a 16% reduction year-over-year and well below the guidance of $21.00-$22.25 [1][9] Cost Performance - The year-over-year improvement in AISC was primarily driven by cost reductions at key mines, particularly at La Colorada, where AISC fell 29% to $19.72 per ounce due to enhanced ventilation conditions [2] - The Cerro Moro mine achieved a negative AISC of $4.40 per ounce, a significant improvement from $6.43 in Q1 2024, attributed to higher gold by-product credits and increased gold prices [3] - At the Huaron mine, AISC decreased by 6% to $13.09 per ounce, benefiting from lower treatment and refining charges and higher by-product credits from zinc and lead [3] Future Outlook - For 2025, PAAS anticipates the silver segment's AISC to be between $16.25 and $18.25 per ounce, indicating an improvement from the $18.98 per ounce in 2024, supported by ongoing cost benefits from La Colorada's ventilation upgrades and increased gold by-product credits from Cerro Moro [4] - The planned acquisition of MAG Silver Corp. could further reduce costs, as the Juanicipio project is expected to have an AISC between $6.00 and $8.00 per ounce in 2025 [5] Peer Comparison - First Majestic Silver (AG) reported an 11% year-over-year decline in AISC per silver equivalent ounce to $19.24 in Q1 2025, driven by the acquisition of Cerro Los Gatos, which added 2.3 million silver equivalent ounces of production [6][7] Stock Performance and Valuation - Year-to-date, PAAS shares have increased by 41.8%, outperforming the industry growth of 31.3% and the Basic Materials sector's rise of 9% [8] - PAAS is currently trading at a forward 12-month price-to-earnings multiple of 17.10X, slightly below the industry average of 18.02X [10] Earnings Estimates - The consensus estimate for PAAS's 2025 earnings is $1.52 per share, reflecting a year-over-year increase of 92.4%, with a 2026 estimate of $1.93, indicating a 27.2% rise [11]

MONTREAL, June 26, 2025 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to announce high-grade silver results from its ongoing drill exploration program at the Zgounder Silver Mine and the start of its drill exploration program in the Far East permits in the Kingdom of Morocco. The Corporation has also acquired six (6) new permits to the north, expanding the Zgounder exploration footprint by 11.9% to over 452.7 square kilometers (“km2”). Highlights ...

NEW YORK, June 26, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Santacruz Silver Mining Ltd. (TSX-V: SCZ; OTCQX: SCZMF), which engages in the operation, acquisition, exploration, and development of mineral properties in Latin America, has qualified to trade on the OTCQX® Best Market. Santacruz Silver Mining Ltd. upgraded to OTCQX from the OTCQB® Venture Market. Santacruz Silver Mining Ltd. b ...

Core Points - Rio Silver Inc. received shareholder approval for all matters at the annual general meeting held on June 19, 2025 [2] - The approved resolutions included the election of directors, ratification of the auditor for the year ended December 31, 2024, reapproval of the equity incentive plan, and a share consolidation on a one-new-for-five-old basis [2] - The company amended its purchase agreement for the Maria Norte mining property, eliminating royalty provisions in exchange for a one-time cash payment of US$ 22,500 [3] - The board believes the share consolidation is essential for future corporate development and financing opportunities [3] - The CEO emphasized the company's commitment to sustainability and the potential of the Maria Norte property, which is adjacent to active mine production [3] - Rio Silver is focused on precious and base metal properties in Peru and is also interested in its Ontario Gerow Lake project [5] - The transaction allows the company to pursue planned acquisitions that could lead to near-term cash flow production [5] Company Overview - Rio Silver Inc. is a Canadian exploration and development company with significant insider ownership, primarily focused on opportunities in Peru [5] - The company is optimistic about the supportive mining policies in Peru and the ongoing investment in the region [4]

MONTREAL, June 25, 2025 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to report silver production for the month of May at its Zgounder Silver Mine located in the Kingdom of Morocco. May Production Metrics Production Metrics Q1-2024Q1-2025April 2025May 2025Silver productionoz366,3621,068,652345,550353,879Tonnage processedkt81,331249,74390,76391,077Silver recovery%<td style="border-top: so ...

MONTREAL, June 23, 2025 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) ("Aya" or the "Company") is pleased to announce the closing of the previously announced US$25 million credit facility with the European Bank for Reconstruction and Development ("EBRD") to support the advancement of development work at its Boumadine polymetallic project located in the Draa-Tafilalet region in the Kingdom of Morocco. This marks the third transaction between Aya and EBRD in support of Aya's strategic pl ...

Core Argument - The silver sector is gaining attention as a potentially more explosive investment opportunity compared to gold, driven by unique fundamentals and increasing demand for green technology [1][2]. Industry Overview - Silver serves as an industrial workhorse, with over 50% of annual consumption linked to industrial applications, making it essential for sectors like photovoltaic cells and electric vehicles [3]. - The silver market is facing a structural supply deficit for the fifth consecutive year, where demand consistently exceeds supply from mining and recycling, providing strong price support [4]. - Favorable macroeconomic trends, including potential interest rate cuts by the U.S. Federal Reserve and a downtrend in the U.S. dollar, are expected to boost silver demand [5][6]. Investment Opportunities - The Gold/Silver ratio remains above historical averages, suggesting that silver may be undervalued compared to gold, indicating potential for price appreciation [7]. - Direct exposure to silver can be achieved through investment vehicles like the iShares Silver Trust, which has shown a year-to-date net asset value total return of approximately 33% [11][12]. - Mining companies such as First Majestic Silver and Pan American Silver present opportunities for leveraged returns, with First Majestic benefiting from significant revenue leverage to silver prices and Pan American pursuing strategic acquisitions to enhance its portfolio [14][17].

Group 1 - Aya Gold & Silver Inc. announced the election of all nominees listed in the management proxy circular as directors during its annual general meeting of shareholders, with 69,658,145 common shares (53.23% of issued shares) represented [1] - The voting results for each director nominee showed high approval rates, with John Burzynski receiving 99.92% votes for and Benoit La Salle receiving 85.71% votes for [1] - Aya Gold & Silver Inc. is a rapidly growing silver producer based in Canada, operating the high-grade Zgounder Silver Mine in Morocco and exploring properties along the South-Atlas Fault [2] Group 2 - The management team of Aya is focused on maximizing shareholder value by integrating sustainability into its operations, governance, and financial growth plans [3]