Silver blasted up to a new high in September. The 3 silver stocks listed here (and the silver ETF) joined in the fun. This other precious metal (other than gold) is a desired commodity if tariffs and rate cuts produce greater inflation, which seems likely to those paying attention to the economic environment.
When mining companies dig for silver, some also find gold as well as copper and other metals with industrial uses. So, a silver stock is likely to represent more than just a single product. These equities trade mostly on the price of the silvery substance but if enough of the other metals is found, that enters into the overall valuations.
This is the NYSE-traded trust designed to reflect the price of silver. The uptrend has been in place since August/September 2022. The 50-week moving average in April/May 2024 crossed above the 200-week moving average and has stayed above it since then. The relative strength indicator (RSI, below the price chart) has entered the “overbought” zone.
This exchange traded fund offers a diversified portfolio of silver stocks. The 50/200-day moving average crossover came in December 2024 and the price has moved steadily higher. This week’s volume is the highest level seen on the chart. The relative strength now is up in the “overbought” area.
The Vancouver-based miner has a market capitalization of $2.26 billion. The company has producing mines in Mexico and Peru. Exploration projects are underway in Mexico and the United States. This year’s earnings are down 120% and down over the past three years by 18.21%.