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Best Precious Metal Stocks to Buy Now (2024)
Top precious metal stocks in 2024 ranked by overall Zen Score. See the best precious metal stocks to buy now, according to analyst forecasts for the other precious metals & mining industry.

Industry: Other Precious Metals & M...
Ticker
Company
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
SILV
SILVERCREST METALS INC
$978.59MN/A0.00%N/AN/AN/AN/A
BVN
BUENAVENTURA MINING CO INC
$4.03B0.46%3.10%$0.0730$0.077%2
EXK
ENDEAVOUR SILVER CORP
$522.71MN/A0.00%N/AN/AN/AN/A
VOXR
VOX ROYALTY CORP
$102.97MN/AN/AN/AN/AN/AN/A
MUX
MCEWEN MINING INC
$487.48MN/A0.00%$0.0500N/AN/A0
ASM
AVINO SILVER & GOLD MINES LTD
$80.20MN/AN/AN/AN/AN/AN/A
GROY
GOLD ROYALTY CORP
$273.86MN/A-11.10%$0.0100N/AN/A0
PLG
PLATINUM GROUP METALS LTD
$119.78MN/A0.00%N/AN/AN/AN/A
GATO
GATOS SILVER INC
$580.43MN/A0.00%N/AN/AN/AN/A
TFPM
TRIPLE FLAG PRECIOUS METALS CORP
$2.91B0.37%57.20%$0.0530$0.055%0
ATLX
ATLAS LITHIUM CORP
$217.34MN/A0.00%N/AN/AN/AN/A
AUMN
GOLDEN MINERALS CO
$6.12MN/A0.00%N/AN/AN/AN/A
NEWP
NEW PACIFIC METALS CORP
$229.20MN/A0.00%N/AN/AN/AN/A
PPTA
PERPETUA RESOURCES CORP
$266.75MN/A0.00%N/AN/AN/AN/A
HL
HECLA MINING CO
$3.01B0.52%-22.10%$0.0063$0.039%5
MTA
METALLA ROYALTY & STREAMING LTD
$282.63M0.73%-28.40%$0.0226$0.0213%0
ITRG
INTEGRA RESOURCES CORP
$48.83MN/A0.00%N/AN/AN/AN/A

Precious Metal Stocks FAQ

What are the best precious metal stocks to buy right now in Mar 2024?

According to Zen Score, the 3 best precious metal stocks to buy right now are:

1. Silvercrest Metals (NYSEMKT:SILV)


Silvercrest Metals (NYSEMKT:SILV) is the top precious metal stock with a Zen Score of 55, which is 34 points higher than the precious metal industry average of 21. It passed 18 out of 33 due diligence checks and has strong fundamentals. Silvercrest Metals has seen its stock lose -5.8% over the past year, underperforming other precious metal stocks by -4 percentage points.

Silvercrest Metals has an average 1 year price target of $9.00, an upside of 35.14% from Silvercrest Metals's current stock price of $6.66.

Silvercrest Metals stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Silvercrest Metals, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Buenaventura Mining Co (NYSE:BVN)


Buenaventura Mining Co (NYSE:BVN) is the second best precious metal stock with a Zen Score of 49, which is 28 points higher than the precious metal industry average of 21. It passed 18 out of 38 due diligence checks and has strong fundamentals. Buenaventura Mining Co has seen its stock return 92.25% over the past year, overperforming other precious metal stocks by 94 percentage points.

Buenaventura Mining Co has an average 1 year price target of $16.30, an upside of 2.64% from Buenaventura Mining Co's current stock price of $15.88.

Buenaventura Mining Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Buenaventura Mining Co, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Endeavour Silver (NYSE:EXK)


Endeavour Silver (NYSE:EXK) is the third best precious metal stock with a Zen Score of 34, which is 13 points higher than the precious metal industry average of 21. It passed 11 out of 33 due diligence checks and has average fundamentals. Endeavour Silver has seen its stock lose -34.15% over the past year, underperforming other precious metal stocks by -33 percentage points.

Endeavour Silver has an average 1 year price target of $5.50, an upside of 128.22% from Endeavour Silver's current stock price of $2.41.

Endeavour Silver stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Endeavour Silver, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the precious metal stocks with highest dividends?

Out of 3 precious metal stocks that have issued dividends in the past year, the 3 precious metal stocks with the highest dividend yields are:

1. Metalla Royalty & Streaming (NYSEMKT:MTA)


Metalla Royalty & Streaming (NYSEMKT:MTA) has an annual dividend yield of 0.73%, which is the same as the precious metal industry average of 0.52%.

Metalla Royalty & Streaming's dividend payout ratio of -28.4% indicates that its dividend yield might not be sustainable for the long-term.

2. Hecla Mining Co (NYSE:HL)


Hecla Mining Co (NYSE:HL) has an annual dividend yield of 0.52%, which is the same as the precious metal industry average of 0.52%. Hecla Mining Co's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Hecla Mining Co's dividend has shown consistent growth over the last 10 years.

Hecla Mining Co's dividend payout ratio of -22.1% indicates that its dividend yield might not be sustainable for the long-term.

3. Buenaventura Mining Co (NYSE:BVN)


Buenaventura Mining Co (NYSE:BVN) has an annual dividend yield of 0.46%, which is the same as the precious metal industry average of 0.52%. Buenaventura Mining Co's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Buenaventura Mining Co's dividend has shown consistent growth over the last 10 years.

Buenaventura Mining Co's dividend payout ratio of 3.1% indicates that its dividend yield is sustainable for the long-term.

Why are precious metal stocks up?

Precious metal stocks were up 3.55% in the last day, and up 5.3% over the last week. Atlas Lithium was the among the top gainers in the other precious metals & mining industry, gaining 14.08% yesterday.

Atlas Lithium shares are trading higher after the company announced a $30 million investment and offtake agreement with Mitsui & Co.

What are the most undervalued precious metal stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued precious metal stocks right now are:

1. Buenaventura Mining Co (NYSE:BVN)


Buenaventura Mining Co (NYSE:BVN) is the most undervalued precious metal stock based on WallStreetZen's Valuation Score. Buenaventura Mining Co has a valuation score of 71, which is 55 points higher than the precious metal industry average of 16. It passed 5 out of 7 valuation due diligence checks.

Buenaventura Mining Co's stock has gained 92.25% in the past year. It has overperformed other stocks in the precious metal industry by 94 percentage points.

2. Silvercrest Metals (NYSEMKT:SILV)


Silvercrest Metals (NYSEMKT:SILV) is the second most undervalued precious metal stock based on WallStreetZen's Valuation Score. Silvercrest Metals has a valuation score of 57, which is 41 points higher than the precious metal industry average of 16. It passed 4 out of 7 valuation due diligence checks.

Silvercrest Metals's stock has dropped -5.8% in the past year. It has underperformed other stocks in the precious metal industry by -4 percentage points.

3. Mcewen Mining (NYSE:MUX)


Mcewen Mining (NYSE:MUX) is the third most undervalued precious metal stock based on WallStreetZen's Valuation Score. Mcewen Mining has a valuation score of 43, which is 27 points higher than the precious metal industry average of 16. It passed 3 out of 7 valuation due diligence checks.

Mcewen Mining's stock has gained 19.52% in the past year. It has overperformed other stocks in the precious metal industry by 21 percentage points.

Are precious metal stocks a good buy now?

61.54% of precious metal stocks rated by analysts are a buy right now. On average, analysts expect precious metal stocks to rise by 35.69% over the next year.

What is the average p/e ratio of the other precious metals & mining industry?

The average P/E ratio of the other precious metals & mining industry is 14.65x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.