Best Junior Silver Stocks of 2017 on the TSXV INN

Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. Silver Wheaton probably has the broadest appeal web programming with php and mysql here since it’s really a collection of mine investments with built-in low costs. It’s a great way to invest in silver without having to take on the risks of mining.

• So the great majority of contrarian capital flowing into precious metals stocks naturally seeks out the far larger gold miners.
• Billionaire Warren Buffett mocked gold investors for decades, yet he recently surprised his followers with this new position in a gold mining stock.
• In fact, the silver dividend stock with the highest yield on the list – BHP Billiton Plc.
• You can follow him on CAPS under the screen name TMFUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.

I am not looking into any magical crystal ball, but simply comparing the duration and magnitude of past bull market cycles to the current one. No matter if you are looking over the past 15 years or back to the 70’s, the data suggests this bull market in gold and silver is in the early innings. Larger mining stocks often outperform during the early phases of a bull market cycle in precious metals. This is because institutional money pours into the safer, larger cap mining stocks at a much faster pace than speculators jumping into junior mining stocks.

Silver is the best electrical and thermal conductor of all metals, making it highly valued for electrical applications. Because of that, more than half of silver’s demand comes from the industrial sector. Hecla has been hitting the headlines for all the wrong reasons of late. Operations at one of the company’s three currently operational mines, Lucky Friday, have stalled because of a labor strike that’s lasted several quarters now. Silver production from Lucky Friday slumped 72% year over year during the nine months ended Sept. 30, 2017, hitting Hecla’s profits hard. Gold Mountain Mining Corporation is exploring and developing the 100% owned Elk Gold Project, located in southern British Columbia, 45 km southeast of Merritt.

Gold and silver each accounted for about 39% of the top line in 2016. The rest of the top line comes from industrial metals Binance cryptocurrency exchange lead (8%) and zinc (19%). That said, Hecla still lays claim to being the largest silver producer in the United States.

So while it’s not purely a silver miner, the metal is the most important contributor to the business. Debt meanwhile, makes up just 5% of the company’s capital structure. As one of the miners most exposed to silver and with projects on the horizon, First Majestic is one silver miner you should be looking at today. Over the much longer term, Great Panther Silver could bring a lot to the table. In particular, organic growth from Guanajuato, a well-known mining region in Mexico, is coming from the San Ignacio mine within the GMC. Currently producing at a rate of 550 tonnes per day, San Ignacio should be producing at 700 tonnes per day any time now.

So Silver Wheaton has a solid balance sheet, a good outlook for production growth, and no need to find big new investments. Pan American Silver has seven silver mines in Mexico, Peru, Bolivia and Argentina, plus six development projects in the US, Mexico, Peru and Argentina. It bills itself as the second-largest primary silver producer in the world, and was founded in 1994.

The top silver stocks for 2017

That’s hugely encouraging and should keep Tahoe investors hopeful of fatter dividend checks going forward. Overall, though, investors in Wheaton Precious Metals have a greater chance of getting a dividend every year than those invested in traditional mining stocks. Investors can even track the company’s cash flows and predict dividends to some extent. That dividend security, combined with a dividend yield of 1.4%, makes Wheaton Precious Metals one of the best silver dividend stocks to own. The company’s dividends haven’t crossed the $0.0025 quarterly mark yet.

• The company has a flexible dividend policy, paying out about 30% of its average operating cash flows over the previous four quarters.
• With production growth on the horizon, Pan American Silver is worth a deep dive now while the shares are still off recent highs.
• Consequently, even though many companies mine some silver, it often contributes a relatively minor portion of their revenues.

Silver has underperformed gold so far this year, and as of early December had dipped below $16 per ounce. The white metal has been buffeted by a number of factors, including the rise of cryptocurrencies like bitcoin. If you think we’ve missed a junior silver stock that should be listed, please let us know in the comments. Our list of this year’s top-performing TSX-listed silver stocks can be viewed here. Best Silver Stocks of 2017 on the TSXVBy Melissa Shaw, July 6, 2017The silver price is up 4 percent year-to-date on the back of continuing geopolitical tension.

MAG Silver (TSX:MAG,NYSEMKT:MAG)

The company recently declared its monthly instituted dividend of one-third of a cent per common share for November 2020 payable on December 23, 2020, to shareholders of records as of December 11, 2020. Finally, it’s often valuable to look at losing stocks to see whether their losses are justified. Often, out-of-favor industries turn into favorites in future years, and biotech in 2016 and 2017 fxchoice review is just one example of that phenomenon playing out in various sectors of the market. Nine of the top 10 stocks in 2017 were in the biotechnology industry. That makes sense, since the biotech niche was one of the best performers of the year in general. One biotech ETF posted gains of 43% last year, and even some of the biggest players in the field participated fully in the sector’s rally.

Levon Resources (TSX:LVN,OTCMKTS:LVNVF)

While silver prices have pulled back from the highs they hit over the summer, a number of silver stocks have outperformed the markets in 2016. Money Morning also remains bullish on the price of silver in 2017, which is bullish for silver stocks. As you can see, six of the eight silver stocks listed above are down so far this year. Their weak performances are largely due to extreme volatility in silver prices in 2017, which have seen three sharp corrections so far this year…

Which silver stock offers the best dividend: Hecla Mining, Pan American Silver, Wheaton Precious Metals, or Tahoe Resources?

Often, these companies are miners that raise capital to explore, acquire, develop, and produce silver mineral deposits. You get a lot of leverage to silver with these stocks, making them intriguing options for silver bulls. Every 10% gain or so in physical silver prices should result in 2X-3X or greater gains in the stocks. This year should be tough production wise for Hecla, with the Lucky Friday strike a big part of that pain. The work stoppage means there’s no way to tell what 2017 production will be at this point. However, increased gold production and higher metals prices all offset the blow in the first quarter, allowing the company to report earnings of $0.07 versus break even results in the first quarter a year ago.

But it has no long-term debt, and has just agreed to buy a new asset, the Coricancha mine in Peru for $100,000, with earnouts that could bring the price up to $10 million. Although the mine is currently not operating, Great Panther believes it can produce 3 million silver-equivalent ounces a year from the mine after spending around $25 million and roughly a year to get it up and running again. Great Panther is projecting production of around 4 million silver-equivalent ounces in 2017, so the new mine could really boost Great Panther Silver’s growth prospects. The miner’s silver production declined around 2.5% last year, with gold production basically flat. And 2017 isn’t expected to be much better, with silver production projected to be roughly flat, with gold production declining at least 10%. The first company for investors to consider here is Silver Wheaton.

Investors have flocked toward the safe-haven metal, and as of July 5 it was trading at $15.99 per ounce.Unsurprisingly, some junior silver stocks have gained as a result. If you think we’ve missed a silver company that should be listed, please let us know in the comments. Best Silver Stocks of 2017 on the TSXBy Melissa Shaw, July 4, 2017The silver price is up 4 percent year-to-date on the back of continuing geopolitical tension. Investors have flocked toward the safe-haven metal, and as of Tuesday (July 4) it was sitting at $16.04 per ounce. The list below was generated using The Globe and Mail’s market data filter, and it shows the TSX-listed silver companies that saw the biggest share price gains from January 1 to July 4. Only companies with market caps above $50 million as of July 4 are included.

First Majestic Silver Corp. (NYSE: AG)

A return to a 55 gold-silver ratio implies a $20.74 price per ounce for silver. The iShares Silver Trust is an exchange-traded fund (ETF) that focuses on physical silver. The ETF aims to track the performance of the price of silver by owning silver bars stored in bank vaults in London and New York City. With the support of its key Russian shareholders, Silver Bear is entering its second phase construction with the objective to target silver commissioning by the end of 2016. Sean Williams owns shares of Silver Wheaton and Silver Standard Resources, but has no material interest in any other companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.

Four out of my five top picks outperformed the benchmark SIL ETF. These picks have returned an average of 242.3%, and $10,000 invested equally in these stocks would have turned into $24,230 as of writing. Although MAG receives a leading Momentum Grade rating from Seeking Alpha, investors should note that MAG receives a ‘F’ grade by Seeking Alpha for Valuation.