Silver stocks are the stocks of the silver mining companies. Silver is another precious metal that provides an opportunity for low-cost investment into the metals mining industry. It is, in fact, more affordable than gold.
Silver stocks have demonstrated bullish trends due to the wide application and uses of silver in diverse industries, including water filtration, medical instruments, dentistry, and solar panels. Investment in silver stocks provides investors with exposure to both precious metals and industries that use silver in their manufacturing process. Therefore, silver stocks are exciting avenues of investment for investors looking at gaining a wide exposure at low cost.
Factors to Consider Before Investing in Silver Stocks
Investors must consider that the performance of silver stocks is quite volatile. They should consider not only the silver resources of the companies and their resource potential, but also the production costs and other related factors.
Investors should perform an in-depth analysis of the exploration and development activities of silver companies before investing in silver stocks. It will allow investors to gain insights into the correlation of costs of production with revenues and earnings and the ability of selected silver stocks to generate regular dividends.
Additionally, investors ought to consider the cyclical nature of the precious metals industry, including gold and silver. Silver stocks get largely impacted by commodity prices, economic cycles, regulations, and the overall geopolitical environment.
Ticker | Company Name | Last Price | 1-Year Return | Market Cap |
|---|---|---|---|---|
| AG | First Majestic Silver Corp. | $5.93 | 7.43% | 2.6B |
| ASM | Avino Silver & Gold Mines Ltd. | $0.92 | 87.76% | 186.1M |
| EXK | Endeavour Silver Corp. | $3.91 | 114.84% | 1.0B |
| FSM | Fortuna Silver Mines Inc. | $4.48 | 23.08% | 2.0B |
| MAG | MAG Silver Corp. | $14.17 | 41.84% | 1.5B |
| PAAS | Pan American Silver Corp. | $21.24 | 37.65% | 7.7B |
| SVM | Silvercorp Metals Inc. | $3.09 | 25.61% | 670.4M |
| USAS | Americas Silver Corporation | $0.42 | 75.00% | 179.0M |
| WPM | Wheaton Precious Metals Corp. | $56.84 | 18.71% | 25.8B |
| AUMN | Golden Minerals Co. | $0.10 | -80.39% | 1.5M |
| BVN | Compania de Minas Buenaventura S.A.A. | $12.12 | -19.25% | 3.5B |
| CDE | Coeur Mining, Inc. | $6.13 | 118.15% | 2.4B |
| FNLPF | Fresnillo Plc | $8.14 | 20.06% | 4.8B |
| GLCNF | Glencore PLC | $4.53 | -22.70% | 44.6B |
| GORO | Gold Resource Corp. | $0.23 | -36.11% | 21.2M |
| HL | Hecla Mining Company | $5.22 | 18.91% | 3.3B |
| SSRM | SSR Mining Inc. | $7.14 | -31.67% | 1.4B |
| FCX | Freeport-McMoRan | $38.74 | -8.20% | 55.7B |
| NEM | Newmont Goldcorp Corporation | $38.16 | -5.15% | 43.4B |
| SLV | iShares Silver Trust | $27.33 | 29.34% | 11.0B |
| SIVR | Aberdeen Standard Physical Silver Shares ETF | $28.66 | 29.74% | |
| USLV | VelocityShares 3x Long Silver ETN | $62.11 | 14.78% | |
| AGQ | ProShares Ultra Silver | $36.89 | 44.67% | |
| DBS | Invesco DB Silver Fund | #N/A | #N/A | |
| ZSL | ProShares UltraShort Silver | $38.50 | -50.28% | |
| USV | E-TRACS UBS Bloomberg CMCI Silver ETN | $8.10 | -6.90% | 689.8B |
| SIL | Global X Silver Miners ETF | $32.91 | 21.89% | |
| SILJ | ETFMG Prime Junior Silver ETF | $10.41 | 9.81% | |
| SLVP | iShares MSCI Global Silver Miners ETF | $12.13 | 25.96% |
Which Silver Stocks Should I Buy?
We have aggregated a list of the best silver stocks and ETFs for investors to pick from. The selected stocks have reported stable revenues, earnings growth, and dividend yield. Thus, these silver stocks look promising in terms of short-term income and long-term returns.
The most encouraging silver stocks tend to the ones with high proven reserves, resource potential, projected mine life, annual production rate, and low production costs. Therefore, silver stocks with strong fundamentals and the ability to resist challenges are the best bet.
