According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best silver mining stocks to buy right now are:
1. Silvercorp Metals (NYSEMKT:SVM)
The Component Grade breakdown for Silvercorp Metals (NYSEMKT:SVM) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: D, Financials: C, and AI: C.
Silvercorp Metals (NYSEMKT:SVM) has a Due Diligence Score of 46, which is 11 points higher than the silver industry average of 35.
SVM passed 17 out of 38 due diligence checks and has strong fundamentals. Silvercorp Metals has seen its stock return 45.2% over the past year, underperforming other silver stocks by -9 percentage points.
2. Mag Silver (NYSEMKT:MAG)
The Component Grade breakdown for Mag Silver (NYSEMKT:MAG) is: Value: C, Growth: C, Momentum: B, Sentiment: C, Safety: C, Financials: C, and AI: C.
Mag Silver (NYSEMKT:MAG) has a Due Diligence Score of 41, which is 6 points higher than the silver industry average of 35.
MAG passed 13 out of 33 due diligence checks and has strong fundamentals. Mag Silver has seen its stock return 75.82% over the past year, overperforming other silver stocks by 21 percentage points.
Mag Silver has an average 1 year
price target of $19.25, an upside of 19.79% from Mag Silver's current stock price of $16.07.
Mag Silver stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Mag 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.
3. First Majestic Silver (NYSE:AG)
The Component Grade breakdown for First Majestic Silver (NYSE:AG) is: Value: C, Growth: A, Momentum: C, Sentiment: F, Safety: C, Financials: C, and AI: C.
First Majestic Silver (NYSE:AG) has a Due Diligence Score of 19, which is -16 points lower than the silver industry average of 35.
AG passed 7 out of 38 due diligence checks and has weak fundamentals. First Majestic Silver has seen its stock return 23.7% over the past year, underperforming other silver stocks by -31 percentage points.
First Majestic Silver has an average 1 year
price target of $8.50, an upside of 27.25% from First Majestic Silver's current stock price of $6.68.
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.