Best Silver Stocks Right Now

Take a look at some of the biggest movers for silver stocks. This list is updated daily and includes premarket, during market, and after hours movers.

Read our Advertiser Disclosure.
Contributor, Benzinga
April 22, 2024

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.

$5.06
-0.25[-4.71%]
Last update: 7:23PM (Delayed 15-Minutes)
Get Real Time Here
Open5.010Close5.060
Vol / Avg.9.525M / 7.604MMkt Cap3.121B
Day Range4.940 - 5.22052 Wk Range3.330 - 6.480

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.

Open11.650Close11.840
Vol / Avg.1.065M / 894.972KMkt Cap1.277B
Day Range11.580 - 12.11052 Wk Range8.195 - 13.620

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.

$3.3639
-0.2061[-5.77%]
Last update: 6:40PM (Delayed 15-Minutes)
Get Real Time Here
Open3.360Close3.430
Vol / Avg.2.975M / 1.921MMkt Cap594.805M
Day Range3.130 - 3.56052 Wk Range2.080 - 3.980

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.

$2.5501
-0.0599[-2.30%]
Last update: 6:26PM (Delayed 15-Minutes)
Get Real Time Here
Open2.490Close2.560
Vol / Avg.5.057M / 5.430MMkt Cap612.885M
Day Range2.421 - 2.58052 Wk Range1.420 - 4.360

iShares Silver Trust (ARCA:SLV)

The iShares® Silver Trust (the ‘Trust’) seeks to reflect generally the performance of the price of silver.

$24.98
-1.22[-4.66%]
Last update: 7:56PM (Delayed 15-Minutes)
Get Real Time Here
Open24.950Close24.930
Vol / Avg.37.157M / 24.966MMkt Cap-
Day Range24.790 - 25.19052 Wk Range18.970 - 27.240

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:

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.  

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.

Looking at stocks by industry? Review our other guides.

Don’t know where to start? Find a broker using Benzinga’s best brokerage guide.

Frequently Asked Questions

Q

Do silver stocks do well when the stock market falls?

A

Silver stocks fall less often than the stock market.

Q

Do silver stocks do well after a recession?

A

Silver stocks outperform the markets and reach new highs when the economy is improving after a recession.

Q

Is silver a good investment?

A

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