Silver is a valuable precious metal that is sought after by both consumers and industrial companies. Because silver is the most significant electrical and thermal conductivity of all metals, it is highly prized in electrical applications. Unlike gold, the industrial sector accounts for more than half of silver demand. In this blog, I’m going to share 5 easily affordable and best silver stocks to buy now.
Investors also place a high value on silver since it shares many of the same investing qualities as gold. Silver, as a safe-haven commodity, may assist investors in hedging against inflation and weathering economic downturns.
Best Silver Mining Stocks to Buy Now
Silver is mined by a large number of firms in the metals industry. However, most mining firms concentrate on a range of industrial metals such as iron ore, copper, aluminum, and precious metals such as gold; thus, silver accounts for a very modest percentage of their earnings. While this reduces the number of accessible investment alternatives, investors could still examine the following top 5 silver stocks to buy now:
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Silvercorp Metals Inc.
Industry- Mining Company
Market Value- $4.36 Today
Dividend Yield- 0.5%
Silvercorp’s management has always handled mining in a different way than other North American junior exploration firms. Rather than drilling for years to accumulate a resource that it plans to sell to someone else, Silvercorp wanted to begin operations as soon as possible so that it could manage a genuine and lucrative business.
Silvercorp Metals Inc., along with its subsidiaries, acquires, explores, develops, and mines mineral assets in China and Mexico. The company’s primary focus is on exploring silver, gold, lead, and zinc metals. The Ying silver-lead-zinc project, located in the Ying Mining District in Henan Province, China, is the company’s flagship property.
In May 2005, the business changed its name from SKN Resources Ltd. to Silvercorp Metals Inc. The headquarters of Silvercorp Metals Inc. is in Vancouver, British Columbia, Canada. Its stocks are the best junior silver mining stocks to buy now.
Consensus Score
Silvercorp Metals is rated as a Hold by the majority of analysts. The average rating score for the company is 2.40, based on two buy ratings, and three hold ratings, and no sell recommendations.
Price Objective (Upside/Downside)
Silvercorp Metals is expected to rise 105.0 percent from its current price of $4.36 to $8.94, according to analysts’ average price objective.
Number of Analysts Covered
In the last 90 days, Silvercorp Metals has only been the topic of four research publications.
What does Silvercorp do?
Silvercorp is a lucrative Canadian mining firm that extracts silver, lead, and zinc metal concentrates from Chinese mines. The company aims to consistently provide healthy returns to stockholders through efficient management, organic expansion, and the acquisition of successful ventures. Silvercorp strikes a balance between profitability, social and environmental ties, employee well-being, and long-term growth.
Is SVM a buy?
Silvercorp Metals Inc might be a lucrative investment decision if you are seeking stocks with a high return. According to our projections, a long-term gain is predicted; the "SVM" stock price estimate for 2026-07-20 is 11.145 USD. The income is projected to be about +131.71 percent after a 5-year investment.
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Fortuna Silver Mines Inc.
Industry- Metals Mining Company
Market Value- CAD 5.47 Today
Dividend Yield- $0.00 (As of Aug12, 2021)
Fortuna Silver Mines Inc. is a company that explores, extracts, and processes precious and base metals in Latin America. Minera Bateas S.A.C. (Bateas), Compania Minera Cuzcatlan S.A. de C.V. (Cuzcatian), Mansfield Minera S.A. (Mansfield), and Corporate are its business sectors.
The Caylloma silver, lead, and the Beats division operates zinc mine. The Cuzcatlan division manages the San Jose silver-gold mine. The Lindero mine is built by the Mansfield section. The Corporate team represents corporate stewardship. Jorge Alberto Ganoza Durant, Simon T. P. Ridgway, and Mario David Szotlender formed the firm on September 4, 1990, and it is headquartered in Vancouver, Canada. Its stocks are also easily affordable, and top silver stocks to buy now.
Consensus Score
Fortuna Silver Mines has a Buy consensus rating. The company’s average rating score is 2.57, based on four buy recommendations, three hold recommendations, and no sell offers.
Price Objective (Upside/Downside)
According to analysts’ average price objective, Fortuna Silver Mines is expected to rise 124.3 percent from its current price of $4.38 to $9.83.
Number of Analysts Covered
In the last 90 days, Fortuna Silver Mines has only been the topic of three research reports.
How is silver mined?
Ores containing silver are mined open-pit or underground, then crushed and processed. Because almost all ores are sulfides, they are susceptible to flotation separation, typically resulting in a 30- to the 40-fold concentration of mineral values.
Where is silver mined in the US?
Alaska was the nation's largest producer of silver, followed by Nevada and Idaho. Interest in silver mining has grown in recent years as the metal's price has risen: the average silver price has been increased from $4.39 per troy ounce in 2001 to $13.45 per troy ounce in 2007.
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Pan American Silver Corp.
Industry- Mines
Market Value- $26.51 Today
Dividend Yield- $0.24
Pan American Silver Corp. and its subsidiaries explore, develop, extract, process, refine, and reclaim silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Argentina, and Bolivia. It has a stake in the mines of La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, San Vicente, Pas Corp, and Navidad.
Pan American Minerals Corp. was the company’s previous name before changing to Pan American Silver Corp. in April 1995. Pan American Silver Corp. is located in Vancouver, Canada, and was formed in 1979. Another easily affordable and best silver stock to buy now.
Consensus Score
Pan American Silver is rated as a Buy by the majority of analysts. The average rating score for the company is 2.80, based on four buy ratings, one hold rating, and no sell recommendations.
Price Objective (Upside/Downside)
Pan American Silver is expected to rise 59.7 percent from its current price of $26.51 to the average price goal of $42.33.
Number of Analysts Covered
In the last 90 days, Pan American Silver has been the topic of only two research studies.
What stock is TaaS?
A TaaS stock is a financial instrument issued by a publicly traded firm in the TaaS industry, such as Uber (NYSE: UBER), Lift (NYSE: LYFT), Yandex (NYSE: YNDX), or Dominos Pizza (NYSE: DPZ).
What is the price of PAAS stock?
Pan American Silver Corp. is a mineral property exploration, development, extraction, processing, refining, and reclamation company. It owns and manages silver mines in Peru, Mexico, Argentina, and Bolivia, among other places. If you have a good amount to invest for a long time and seeking 100% guaranteed silver stocks to buy, you can watch PAAS stock.
The business is divided into the following segments: Silver, gold, and other metals. Pan American Silver was formed in April 1994 by Ross J. Beaty and John J. Wright and is located in Vancouver, Canada. It is now trading at 26.51$ on the New York Stock Exchange.
Is PAAS a Canadian company?
PAAS is based in Vancouver, British Columbia, and our stock is listed on the NASDAQ (PAAS) of the Toronto Stock Exchange (currently under the symbol PAA). It owns and manages silver mines in Peru, Mexico, Argentina, and Bolivia, among other places.
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Endeavour Silver Corp.
Industry- Mid-Tier Precious Metals Mining Company
Market Value- $4.51 Today
Dividend Yield- $0.00 (As of Aug06,2021)
Its stocks are the best silver stocks to buy for higher gains. Endeavour Silver Corp. is a mining business. Its operations in Mexico and Chile include evaluating, acquiring, exploring, developing, and exploiting precious metal assets.
Terronera property in Jalisco, El Compas property, Guanacevi Mine in Durango, Bolanitos Mines in Guanajuato, and Parral project in Chihuahua, Mexico, are the firm’s projects. Bradford James Cooke started the firm on March 11, 1981, headquartered in Vancouver, Canada. As I said before its stocks are the best silver stocks to buy now.
Consensus Score
Endeavour Silver has been assigned a consensus rating of Hold. The company’s average rating score is 2.44, based on four buy recommendations, five hold recommendations, and no sell offers.
Price Objective (Upside/Downside)
Endeavour Silver is expected to rise 47.7 percent from its current price of $4.51 to a consensus price goal of $6.66.
Number of Analysts Covered
Endeavour Silver has received only four research reports in the last 90 days.
Does Endeavor Silver pay dividends?
Endeavour Silver Corp (NYSE: EXK) pays no dividends. EXK has not produced a premium in the last year.
How do I buy Endeavour stock?
Compare the platforms for trading stocks. Use the company comparison table to help you select a forum that is right for you.
- Create a brokerage account. Fill out an application with your information.
- Confirm your payment information. Deposit into your account.
- Investigate the stock. Find the store by name or ticker symbol – EDR – and do some research before determining whether it's a wise investment for you.
- Invest now or later. Use a market order to acquire the required shares or a limit order to postpone your purchase until the stock hits the specified price.
- Check on the status of your investment. Tracking your stock can help you optimize your portfolio.
How do I buy First Majestic Silver stock?
If you want to buy First Majestic stock, please contact a licensed broker or a financial advisor. Canadian brokers include TD Waterhouse, Bank of Montreal, Royal Bank of Canada, Scotia Bank, National Bank Financial, CIBC, etc.
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Discovery Silver Corp.
Industry- Industrial Metal Company
Market Value- CAD 1.96
Dividend Yield- NA
If you are after the best silver mining stocks to buy, Discovery Silver Corp. can be a good option for you. It is a mineral exploration firm that focuses on the discovery and development of polymetallic deposits.
The company’s flagship property is the 100% owned Cordero silver project, which spans roughly 35,000 hectares in the Mexican state of Chihuahua. It also focuses on high-grade silver-zinc-lead resources in northern Coahuila state, Mexico, with a land package of approximately 150,000 hectares.
Discovery Metals Corp. was renamed Discovery Silver Corp. after it was renamed Discovery Metals Corp. Discovery Silver Corp. was founded in 1986 and is based in Toronto, Canada. As this company is working on a silver project its stocks can be the best silver mining stocks to buy now.
Consensus Score
The consensus rating for Discovery Silver is Buy. The average rating score for the company is 3.00, based on one buy rating, no hold ratings, and no sell recommendations.
Price Objective (Upside/Downside)
Discovery Silver has a 104.1 percent upside from its current price of C$1.96 based on analysts’ consensus price objective of C$4.00.
Amount of Analyst Coverage
Discovery Silver has received one research report in the last 90 days.
Is AG a buy or sell?
AG has a PEG ratio of 0.80 (40 / 50 = 0.80) if it has a P/E ratio of 40 and a growth rate of 50%.
Is First Majestic Silver Corp a buy?
The consensus rating for First Majestic Silver is Hold. The average rating score for the company is 2.25, based on one buy rating, three hold ratings, and no sell recommendations.
Is DSV stock a buy?
DSV Panalpina A/S might be the best junior silver mining stocks to buy now if you seek stocks with a high return. On 2021-07-22, the quotation for DSV Panalpina A/S is 1516.500 DKK. Revenue is projected to be about +92.18 percent after a 5-year investment. In 2026, your present $100 investment may be worth up to $192.18.
So above are the 5 best silver stocks to buy now of 2021 for beginners. I hope this information helps you choose the best one. For more information on the best silver mining stocks to buy, please stay connected to the Future Stock Market blog.
Also, read- 6 Long-Term Stocks to Buy and Hold Today
Which silver stocks to buy?
Please read the above-detailed blog on which silver stocks to buy.
Is silver a good buy right now?
Silver is regaining ground after reaching an all-time low.
Having said that now is a good moment to buy in silver. As a result, you should consider silver as an investment choice. Checking the current silver price is a start in the correct path.
How to buy silver stocks in Canada?
If you want to investigate the investment potential of the silver market in Canada, you have three main options: first, you can go to your local precious metal shop and buy physical silver in the form of silver coins or bullions, second, you can look for high-yielding silver stocks, and third, you can look into the sophisticated market of silver futures. The difficulty with purchasing actual silver is that it provides little return on investment, whereas silver futures are largely available to institutional investors such as governments and state-owned enterprises.
As a result, it stands to reason that the median path is the optimal path to your silver fortune. To address the how-to aspect of this work, suffice it to state that you may purchase silver stocks online or, if you prefer, go to a silver stocks broker and ask him or her to build up an investment strategy for you.
What silver stocks to buy?
Please refer to the above blog.
How to buy gold and silver stocks?
To begin trading with this money, you must first create a Demat account with a stockbroker. You have the option of purchasing in a single payment or at recurring periods. Checking the gold rate today on a regular basis might help you keep track of your purchases. There is no SIP option for Gold ETFs, unlike mutual funds.
Is it better to buy silver or silver stock?
Silver Stocks Are a Far Better Investment.
If silver prices rise by 5%, you will profit by 5% if you own bullion. Also, keep in mind that holding bullion entails paying a premium for the metal and then worrying about storage costs. With silver stocks, there is only one cost: trading commissions.
Stock, Stock and Stock was the only thing that kept going through my mind the whole time, I started learning it, and in little or no time, I learnt a lot. I decided to focus less on my 9 to 5 job and ended up making this blog. I turned my passion for Stock investment into my work, and I am glad I took that step to change my life for the better and excitement 😉
