The best silver stocks depend on your portfolio and investment goals – while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.
Silver stocks to watch
We’ve rounded up some mining companies that are worth considering:
- First Majestic Silver( AG)
- Wheaton Precious Metals ( WPM)
- Pan American Silver ( PAAS)
- BHP Group ( BHP)
- Freeport-McMoRan ( FCX)
- Newmont Corporation ( NEM)
- Pretium Resources ( PVG)
3 tools to help identify new investments
We’ve compiled a list of silver stocks to keep an eye on but the stock market is volatile, and trends can change daily.
If you’re actively trading stocks, staying on top of new industry trends and rising stocks can take a lot of time. Here are some tools to keep up with trends and inspire new trading ideas:
- Stock screeners. You can use an online stock screener like Finviz or TradingView to see what stocks are making the biggest moves today and narrow your search by industry and market cap. Screeners are most beneficial for technical traders who have set criteria in mind for their trades. For example, if you’re looking for stocks trending today in the silver mining industry, you can pull a list of all mid-cap and large-cap stocks for that industry and sort by per cent change since opening.
- Newsletters. Newsletters can be a great way to find companies that may be worth investing in for the long haul. Some to consider include the Motley Fool Stock Advisor and the Alpha Boost and Cherry Picks newsletters
- Social media. While you should never make a trade based on a Reddit thread alone, social platforms such as Reddit, Twitter and Tiktok can be useful tools for staying on top of what companies people are talking about. The trendiness of a stock can directly influence its price — but those trends can also be volatile. While social media can occasionally help buy-and-hold investors, it tends to be a more practical tool for active traders.
Take a closer look into silver stocks
If you’re interested in investing in silver, take a closer look at what companies in the silver mining industry do and how the stocks have historically performed. Keep in mind that positive past performance doesn’t guarantee that a stock will continue to rise in the future.
1. First Majestic Silver (AG)
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. It holds 100% interests in the San Dimas Silver/Gold Mine covering an area of 71,868 hectares located in Durango and Sinaloa states; the Santa Elena Silver/Gold Mine covering an area of 102,244 hectares located in Sonora; and the La Encantada Silver Mine covering an area of 4,076 hectares situated in Coahuila, as well as surface land ownership of 1,343 hectares.
First Majestic Silver is listed on the New York Stock Exchange (NYSE) and has a trailing 12-month revenue of around USD584.1 million.
- Market capitalisation: US$3.37 billion (As of 6 April 2022)
2. Wheaton Precious Metals (WPM)
Wheaton Precious Metals Corp. is a mining company that primarily sells precious metals in Canada and internationally. The company sells gold, silver, palladium, and cobalt deposits.
Wheaton Precious Metals is listed on the NYSE.
- Market capitalisation: US$21.51 billion (As of 6 April 2022)
3. Pan American Silver (PAAS)
Pan American Silver Corp., together with its subsidiaries, engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Argentina, and Bolivia. It holds interests in the La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, San Vicente, Pas Corp, and Navidad mines.
Pan American Silver is listed on the NASDAQ.
- Market capitalisation: US$7.16 billion (As of 6 April 2022)
4. BHP Group (BHP)
BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, rest of Asia, North America, South America, and internationally. It operates through Petroleum, Copper, Iron Ore, and Coal segments. The company engages in the exploration, development, and production of oil and gas properties; and mining of copper, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.
BHP Group is listed on the NYSE.
- Market capitalisation: US$149.97 billion (As of 6 April 2022)
5. Freeport-McMoRan (FCX)
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas.
Freeport-McMoRan is listed on the NYSE.
- Market capitalisation: US$71.42 billion (As of 6 April 2022)
6. Newmont Corporation (NEM)
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana.
Newmont Corporation is listed on the NYSE.
- Market capitalisation: US$63.29 billion (As of 6 April 2022)
7. Pretium Resources (PVG)
Pretium Resources Inc. acquires, explores for, and develops precious metal resource properties in the Americas. The company primarily explores for gold and silver deposits.
Pretium Resources is listed on the NYSE.
- Market capitalisation: US$2.828 billion (As of 6 April 2022)
How to buy silver stocks
Sign up with an online broker or platform to invest in one or more of these silver stocks.
- Compare share trading platforms. Use ourcomparison tableto narrow down top platforms.
- Open and fund your brokerage account. You’ll need personal and financial details, like your contact and bank information.
- Search for the stock you’re interested in. Find the stock by name or ticker symbol, like AG or WPM.
- Decide on how many to buy. Some brokers will allow you to purchase fractional shares, while others require you to purchase whole shares.
- Choose an order type. Invest in the silver stocks now with a market order or use a limit order to delay your purchase until the stock reaches your desired price.
- Buy the stock. Tap or click the Buy button on your brokerage account. Once you’ve invested in the silver mining industry, track how your stock performs to decide when it’s time to sell.
Compare trading platforms
Compare online trading platforms by fees and asset types to find the best for your investment in silver stocks.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
While it’s possible to turn a profit investing in silver stocks, keep in mind that – like any investment – silver stocks are not immune to risk. These stocks are subject to fluctuating conditions – both in the market and in the silver mining industry, so carefully vet your picks before you invest. And if you’re new to investing, or if it’s been a while since you’ve taken a critical look at your investing accounts, compare brokers to make sure you’re getting the best features in your trading account.
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