Pan American Silver Corp. (NYSE:PAS) is one of the 13 Best Gold Mining Companies to Invest Now. On December 10, RBC Capital boosted their price target on Pan American Silver Corp. (NYSE:PAAS) from $45 to $55 and reiterated a buy rating.

Earlier on December 1, BofA Securities analyst Lawson Winder also increased the company’s price target on Pan American Silver Corp. (NYSE:PAAS) from $46 to $51 and maintained a buy rating. The research firm expects gold prices to rise sharply over the next year, forecasting the metal could reach $5,000 an ounce by 2026. It believes many of the macro factors driving prices are still in place.

BofA Securities noted that “if gold were to match the bull cycle of the 2000s, $7,000/oz could be on the upside.” Michael Hartnett, chief investment strategist at BofA, believes gold is a “peak trade for 2026” with a projected return of 10%.

In this context, the research firm reviewed which US mining companies will benefit most from the additional earnings. BofA analyst Winder noted that producers tend to be more price sensitive than copyright and streaming companies. However, Winder noted that copyright and streaming companies can offer better long-term returns because of “higher margins, insulation from cost inflation and much greater asset diversification.” He also noted that in recent years, operational challenges and construction risks have weighed on many producers, making gift companies more stable.

Pan American Silver Corp. (NYSE:PAAS) operates mines in Canada, Mexico, Peru, Brazil, Bolivia, Chile and Argentina. The company is one of the leading producers of silver and gold in America.

While we recognize the potential of PAAS as an investment, we believe that certain AI stocks offer greater upside potential and less downside risk. If you’re looking for an extremely undervalued AI stock that will also benefit significantly from Trump-era tariffs and the onshoring trend, check out our free report on the best short term AI stock.

READ THE FOLLOWING: 14 Best Large-Cap Stocks to Invest Now i The 14 most promising Fintech stocks to invest in.

Disclosure: no. This article is originally published in Monkey Insider.