According to Due Diligence Score, the 3 best silver mining stocks to buy right now are:
1. Silvercorp Metals (NYSEMKT:SVM)
Silvercorp Metals (NYSEMKT:SVM) is the top silver stock with a Due Diligence Score of 48, which is 10 points higher than the silver industry average of 38. It passed 17 out of 38 due diligence checks and has strong fundamentals. Silvercorp Metals has seen its stock return 22.45% over the past year, underperforming other silver stocks by -19 percentage points.
Silvercorp Metals has an average 1 year
price target of $5.10, an upside of 70% from Silvercorp Metals's current stock price of $3.00.
Silvercorp Metals stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Silvercorp Metals, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Mag Silver (NYSEMKT:MAG)
Mag Silver (NYSEMKT:MAG) is the second best silver stock with a Due Diligence Score of 41, which is 3 points higher than the silver industry average of 38. It passed 13 out of 33 due diligence checks and has strong fundamentals. Mag Silver has seen its stock return 61.42% over the past year, overperforming other silver stocks by 20 percentage points.
Mag Silver has an average 1 year
price target of $17.67, an upside of 17.94% from Mag Silver's current stock price of $14.98.
Mag Silver stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Mag Silver, 0% have issued a Strong Buy rating, 66.67% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. First Majestic Silver (NYSE:AG)
First Majestic Silver (NYSE:AG) is the third best silver stock with a Due Diligence Score of 24, which is -14 points lower than the silver industry average of 38. It passed 9 out of 38 due diligence checks and has weak fundamentals. First Majestic Silver has seen its stock return 13.56% over the past year, underperforming other silver stocks by -28 percentage points.
First Majestic Silver has an average 1 year
price target of $8.50, an upside of 51.52% from First Majestic Silver's current stock price of $5.61.
First Majestic Silver stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering First Majestic Silver, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
