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Best Silver Stocks to Buy Now (2022)
Top silver stocks in 2022 ranked by overall Zen Score. See the best silver stocks to buy now, according to analyst forecasts for the silver industry.

Industry: Silver
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
SVM
SILVERCORP METALS INC
NYSEMKT
Silver
$412.38M$2.333.56%$82.37M14.56x0.22
MAG
MAG SILVER CORP
NYSEMKT
Silver
$1.23B$12.483.83%$14.63M69.33x0.01
FSM
FORTUNA SILVER MINES INC
NYSE
Silver
$734.35M$2.525.44%$265.33M16.80x0.44
ASM
AVINO SILVER & GOLD MINES LTD
NYSEMKT
Silver
$59.86M$0.512.20%$8.29M10.85x0.18
EXK
ENDEAVOUR SILVER CORP
NYSE
Silver
$546.78M$3.025.23%$36.85M-75.50x0.22
PAAS
PAN AMERICAN SILVER CORP
NASDAQ
Silver
$3.34B$15.881.60%$371.44M-52.93x0.34
AG
FIRST MAJESTIC SILVER CORP
NYSE
Silver
$2.00B$7.625.10%$151.65M-20.05x0.49

Silver Stocks FAQ

What are the best silver stocks to buy right now in Oct 2022?

According to Zen 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 Zen Score of 54, which is 14 points higher than the silver industry average of 40. It passed 19 out of 38 due diligence checks and has strong fundamentals. Silvercorp Metals has seen its stock lose -38.85% over the past year, underperforming other silver stocks by -9 percentage points.

Silvercorp Metals has an average 1 year price target of $8.12, an upside of 248.5% from Silvercorp Metals's current stock price of $2.33.

Silvercorp Metals stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Silvercorp Metals, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% 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 Zen Score of 52, which is 12 points higher than the silver industry average of 40. It passed 17 out of 33 due diligence checks and has strong fundamentals. Mag Silver has seen its stock lose -22.96% over the past year, overperforming other silver stocks by 7 percentage points.

Mag Silver has an average 1 year price target of $16.50, an upside of 32.21% from Mag Silver's current stock price of $12.48.

Mag Silver stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Mag 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.

3. Fortuna Silver Mines (NYSE:FSM)


Fortuna Silver Mines (NYSE:FSM) is the third best silver stock with a Zen Score of 50, which is 10 points higher than the silver industry average of 40. It passed 16 out of 33 due diligence checks and has strong fundamentals. Fortuna Silver Mines has seen its stock lose -35.88% over the past year, underperforming other silver stocks by -6 percentage points.

Fortuna Silver Mines stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Fortuna Silver Mines, 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.

What are the silver stocks with highest dividends?

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

1. Pan American Silver (NASDAQ:PAAS)


Pan American Silver (NASDAQ:PAAS) has an annual dividend yield of 2.83%, which is 1 percentage points higher than the silver industry average of 1.41%. Pan American Silver's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Pan American Silver's dividend has shown consistent growth over the last 10 years.

Pan American Silver's dividend payout ratio of -146.7% indicates that its dividend yield might not be sustainable for the long-term.

2. Silvercorp Metals (NYSEMKT:SVM)


Silvercorp Metals (NYSEMKT:SVM) has an annual dividend yield of 1.07%, which is the same as the silver industry average of 1.41%. Silvercorp Metals's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Silvercorp Metals's dividend has shown consistent growth over the last 10 years.

Silvercorp Metals's dividend payout ratio of 15.6% indicates that its dividend yield is sustainable for the long-term.

3. First Majestic Silver (NYSE:AG)


First Majestic Silver (NYSE:AG) has an annual dividend yield of 0.33%, which is -1 percentage points lower than the silver industry average of 1.41%.

First Majestic Silver's dividend payout ratio of -6.6% indicates that its dividend yield might not be sustainable for the long-term.

Why are silver stocks up?

Silver stocks were up 3.38% in the last day, and up 8.82% over the last week. First Majestic Silver was the among the top gainers in the silver industry, gaining 5.1% yesterday.

Shares of precious metals companies are trading higher after PCE data came in higher than expected, which has added to inflation worries.

What are the most undervalued silver stocks?

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

1. Silvercorp Metals (NYSEMKT:SVM)


Silvercorp Metals (NYSEMKT:SVM) is the most undervalued silver stock based on WallStreetZen's Valuation Score. Silvercorp Metals has a valuation score of 71, which is 36 points higher than the silver industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Silvercorp Metals's stock has dropped -38.85% in the past year. It has underperformed other stocks in the silver industry by -9 percentage points.

2. Fortuna Silver Mines (NYSE:FSM)


Fortuna Silver Mines (NYSE:FSM) is the second most undervalued silver stock based on WallStreetZen's Valuation Score. Fortuna Silver Mines has a valuation score of 71, which is 36 points higher than the silver industry average of 35. It passed 5 out of 7 valuation due diligence checks.

Fortuna Silver Mines's stock has dropped -35.88% in the past year. It has underperformed other stocks in the silver industry by -6 percentage points.

3. Avino Silver & Gold Mines (NYSEMKT:ASM)


Avino Silver & Gold Mines (NYSEMKT:ASM) is the third most undervalued silver stock based on WallStreetZen's Valuation Score. Avino Silver & Gold Mines has a valuation score of 43, which is 8 points higher than the silver industry average of 35. It passed 3 out of 7 valuation due diligence checks.

Avino Silver & Gold Mines's stock has dropped -38.18% in the past year. It has underperformed other stocks in the silver industry by -8 percentage points.

Are silver stocks a good buy now?

57.14% of silver stocks rated by analysts are a buy right now. On average, analysts expect silver stocks to rise by 77.75% over the next year.

What is the average p/e ratio of the silver industry?

The average P/E ratio of the silver industry is -18.48x.
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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.