PAN AMER SILVER (PAAS) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of PAN AMER SILVER (PAAS) from NEUTRAL to OUTPERFORM on November 12, 2012, with a target price of $23.20.

PAN AMER SILVER is a mining company focused exclusively on silver. Pan American Silver Corp. is founded upon a single mission, to become the best vehicle for equity investors wanting to gain real exposure to higher silver prices. To accomplish this they are striving to increase their low-cost silver production, to have the most successful silver exploration programs, to hold the largest silver reserves and resources, and to be the purest of the world's large silver producers.

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