Hecla Mining (NYSE:HL)
Hecla Mining Co produces and explores silver, gold, lead, and zinc. Its main silver mines include Idaho-based Lucky Friday and Greens Creek in Alaska. Hecla acquired 100% of the Greens Creek from Rio Tinto in April 2008, after holding a 29% interest for 20 years. The acquisition doubled the company’s silver production. The operating business segments are the Greens Creek unit, the Lucky Friday unit, the Casa Berardi unit, the San Sebastian unit, and the Nevada Operations unit.
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| Open5.830 | Close5.650 |
| Vol / Avg.8.141M / 9.209M | Mkt Cap3.539B |
| Day Range5.630 - 5.900 | 52 Wk Range3.330 - 6.350 |
MAG Silver (AMEX:MAG)
MAG Silver Corp is a Canadian mining company. It is focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas. Its principal focus and asset are the Juanicipio Project (44%), being developed in a JV partnership with Fresnillo Plc (56%). Juanicipio is located in the Fresnillo Silver Trend in Mexico, and the JV is constructing and developing the surface and underground infrastructure on the property to support a 4,000tpd mining operation. Also, MAG has an expanded exploration program targeting multiple prospective targets at both Juanicipio and the Deer Trail 100% earn-in project in Utah.
The mining stock has a market cap of $18 billion and has an EPS of $0.95. It has a 52-week low of $18.66 and a 52-week high of $57.89. Wheaton Precious Metals has an annual dividend yield of $0.48 per share. It has high liquidity and trades more than 1.4 million shares per day. Wheaton Precious Metals generated revenue of $861 million in 2019.
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| Open13.160 | Close13.070 |
| Vol / Avg.450.153K / 679.735K | Mkt Cap1.348B |
| Day Range12.940 - 13.195 | 52 Wk Range8.195 - 14.300 |
Silvercorp Metals (AMEX:SVM)
Silvercorp Metals Inc is a mineral mining company. It acquires, explores, develops, and mines precious and base metal mineral properties at its producing mines and exploration and development projects in China. Its segments are Mining and Administrative. Its projects include Ying Mine, HPG Mine, TLP Mine, LM Mine in the Ying Mining District and BYP Gold- Lead-Zinc Mine among others.
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| Open3.730 | Close3.680 |
| Vol / Avg.819.212K / 1.578M | Mkt Cap648.396M |
| Day Range3.650 - 3.778 | 52 Wk Range2.080 - 4.390 |
Endeavour Silver (NYSE:EXK)
Endeavour Silver Corp is a Canadian mineral company engaged in the evaluation, acquisition, exploration, development and exploitation of precious metal properties in Mexico and Chile. The company has three producing silver-gold mines in Mexico: the Guanacevi Mine in Durango, the Bolanitos Mine in Guanajuato and the El Compas Mine in Zacatecas. It also has three exploration projects in northern Chile: Aida project, Paloma project and the Cerro Marquez project.
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| Open4.460 | Close4.320 |
| Vol / Avg.3.258M / 5.820M | Mkt Cap1.043B |
| Day Range4.295 - 4.480 | 52 Wk Range1.420 - 5.020 |
iShares Silver Trust (ARCA:SLV)
The iShares® Silver Trust (the ‘Trust’) seeks to reflect generally the performance of the price of silver.
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| Open25.390 | Close25.480 |
| Vol / Avg.12.442M / 23.341M | Mkt Cap- |
| Day Range25.210 - 25.525 | 52 Wk Range18.970 - 29.560 |
You can invest in stocks of companies that produce, purify and dispense silver through the stock exchange. Here’s a guide to identifying the best silver stocks that can add to your financial growth and diversify your stock portfolio.
Quick Look at the Best Silver Stocks:
- Hercla Mining Co
- MAG Silver Corp
- Silvercorp Metals, Inc.
- Endeavour Silver Corp
- iShares® Silver Trust
If you’re an active day trader, you can also check out the daily updates on stocks under , stocks under and stocks under .
Overview: Silver Stocks
Silver is a precious metal that has been traded in bullion throughout centuries. As a commodity, silver is widely used to make smartphones, batteries, solar panels, medical equipment and jewelry. Silver is also one of the few commodities, along with gold, that has an innate investment value.
In times of financial crises, investors are likely to turn toward evergreen commodities such as gold and silver. That’s why silver stocks have an inverse relation to the stock market performance. And since silver is much cheaper than gold, you could protect a lot more of your wealth through silver stocks.
Best Online Brokers for Silver Stock
An online broker can help you find the best silver stocks on the market. You can open an account on most online brokers without a minimum deposit. These online brokers offer you comprehensive trading tools that allow you to compare the performance of various stocks on a single screen.
Here’s a list of the top online brokers to get you started.
- Best For:Active and Global TradersVIEW PROS & CONS:Securely through Interactive Brokers’ website
Features to Look for in Silver Stock
- Earnings-per-share: Before you buy shares of any silver stock, you should consider its earnings-per-share (EPS). This gives you a good indication of the profitability of your investment. In general, a higher EPS means better profitability on each invested share.
- P/E ratio: A price-earnings (P/E) ratio is the company’s current stock price divided by its EPS. You can measure the relative profitability from a set of similar silver stocks by comparing its P/E ratio. A high P/E ratio could imply that a stock is overpriced or that the stock is expecting better returns in the future.
- Longevity: People from many countries have been trading silver since years of yore. Take note of the total time a company has spent dealing with this precious metal before you put your money behind it.
Make Your Portfolio Shine
Silver stocks can add valuable companies from the mining industry into your portfolio. An investment in these stocks can diversify your assets at low costs with promising long-term benefits.
Looking for stocks by price? Check out our pages below.
- Stocks under $5 (Assumes price greater than $1)
- Stocks under $10 (Assumes price greater than $5)
- Stocks Under $20 ( Assumes price greater than $10)
Looking at stocks by industry? Review our other guides.
- Aerospace and Defense Stocks
- Biotech Stocks
- Energy Stocks
- Gold Stocks
- Oil Stocks
- Semiconductor Stocks
- Solar Stocks
- Utility Stocks
Don’t know where to start? Find a broker using Benzinga’s best brokerage guide.
Frequently Asked Questions
Do silver stocks do well when the stock market falls?
Silver stocks fall less often than the stock market.
Do silver stocks do well after a recession?
Silver stocks outperform the markets and reach new highs when the economy is improving after a recession.
Is silver a good investment?
If you can’t afford to invest in gold and are looking for a hedge, silver can be a great investment.
Continue reading: BEST LITHIUM STOCKS