There are still a few attractive silver stocks to buy in that should outperform the metal, especially if the price rises. Here, I've listed my top 5 favorite silver stocks for ; these companies have balance sheet strength, lower than average cash costs and solid growth prospects. As bad as the price has performed over the past 2 years, it's been even worse for gold's sidekick silver.

Typically, as the price of gold rises, silver will outperform.

3 Top Silver Mining Stocks to Watch in

But when gold falls in price as it has been doing, silver underperforms. SIL are pulling silver out of the ground at an average all-in sustaining cost that's just around this figure, which means many mines are unprofitable at today's prices.

This is one reason why the silver miners have slightly underperformed the physical metal this year, as you'll see in the chart below, with the SLV representing physical silver, and the SIL representing the mining companies. However, it's quite possible that the worst days for gold and silver are behind us, or that we're at least very close to the final bottom. Another sign is an increase in physical demand as the price has fallen - sales of silver eagle coins have actually set a record inwith the U.

The mint has sold For silver miners, times have been tough, to say the least. But the worst could be over.

For this reason, I recommend picking silver stocks that have solid balance sheets and lower than average cash costs - these companies are the ones that will survive, should silver stay at these prices or fall even lower. I also recommend dollar cost averaging your positions in silver stocks, instead of going all-in at once, trying to time a bottom. First Majestic has a five-year track record of outperforming the silver miners index. The company owns and operates five producing silver mines in Mexico: La Parrilla, San Martin, La Encantada, La Guitarra, and the Del Toro Silver mines.

Production from these mines should equal between I like First Majestic primarily because of the company's track record and growth prospects.

Top 5 Silver Stocks For | Seeking Alpha

First Majestic corporate presentation. First Majestic's financial performance has been somewhat better than most other miners this year.

5 Gold and Silver Stocks to Buy | InvestorPlace

According to the company, it expects a 5. PAASHecla Mining NYSE: HLCouer NYSE: CDE karachi stock exchange shares rates Tahoe Resource NYSE: In addition, the CEO has a large stake in the company as he owns 3. The bottom line is when silver eventually does recover, First Majestic will likely outperform its peers by a wide margin.

I think the stock is a compelling pick for as a result. SilverCrest Mines takes the fourth spot on this list. There are a few reasons why I like SilverCrest heading into First and foremost, the company can withstand assemble products from home to make money silver money maker too short zippy. Next, SilverCrest is growing its low-cost production with an expansion plan, and is expected to increase production from 3 million ounces of silver equivalent this year to approximately 3.

SilverCrest bulls & bears in stock market a solid balance sheet, especially for a junior miner. With low all-in sustaining costs, a solid balance sheet and production growth expected inSilverCrest looks like a fairly stock market terminology uk outperform pick headed into next year.

Avino Silver is a junior silver miner that holds two producing precious metals projects, including the Avino mine in the Durango region of North Central Mexico which is its core asset. Avino is attractive because the company is one of the lowest-cost primary silver miners on the market, mainly due to its high-grade silver resource base.

Things should get even better, however, when the company re-starts production at what silver mining stocks to buy Avino mine, which produced 16 million ounces of silver, 96, ounces of gold and 24 million lbs. Once in full production, this mine could add at least 1. With low operating costs, solid working capital, roblox robux generator 2016 no download no survey production growth coming inI think the stock should continue to outperform its peers.

Silver Wheaton is the only non-silver mining company on this list. It is the world's largest precious metals streaming company, which means it doesn't actually mine silver.

Instead, the company will purchase, in exchange for an upfront payment, a percent of the silver or gold production of a mine. This results in outstanding operating margins and free cash flow generation. For the quarter ended Sept. The business model also allows the company to purchase a number of attractive assets across the world, giving it a high quality, diverse asset base, instead of owning and operating just two or three different silver mines.

This makes it a lower risk company, and one that is specifically designed to create value for shareholders. With an investment in Silver Wheaton, you are getting exposure to a diverse asset base made up of 18 operating mines, located in Canada, the U. In addition, the stock pays a dividend that currently yields 1. I think Silver Wheaton will remain one of the best performing silver stocks because of its high quality asset base and strong business model, and the stock is well deserving of the second spot on this list.

Just as impressive has been Fortuna's growth in production over the past 7 years. The story gets even better, as the company's low-cost San Jose mine will expand to 3, tonnes per day, a decision that was just announced on Dec Currently, the mine produced 4 million silver ounces and 30, gold ounces annually; this expansion is expected to increase its annual production rate to 6.

With a rock-solid balance sheet and growing low-cost silver production, Fortuna absolutely deserves the number one spot on this list in my view. The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it other than from Seeking Alpha.

5 Mining Stocks to Buy Amid the Surge in Silver and Gold | InvestorPlace

The author has no business relationship with any company whose stock is mentioned in this article. I may purchase shares in Fortuna and Avino within the next 72 hours. Please be aware of the risks associated with these stocks. Long Ideas Short Ideas Cramer's Picks IPOs Quick Picks Sectors Editor's Picks. Top 5 Silver Stocks For Dec. Yahoo Finance However, it's quite possible that the worst days for gold and silver are behind us, or that we're at least very close to the final bottom. Want to share your opinion on this article?

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