Pan American Silver Looks Attractive Amid Metals Panic

Right now one of the sectors that offers the most value for money is the basic materials sector, in particular, the silver miners. Unfortunately, silver mining companies have been lumped with the same reputation as gold miners and have been aggressively sold off as investors are terrified about falling returns, equity dilution and, in worst case, bankruptcy. However, for the majority of silver miners this is not the case and the negative read-across from the depressed gold mining sector has meant that some silver miners look very attractive at these prices. Pan American Silver is one of them. A quick…