In this article, we will look at the 8 Best Silver Mining Stocks to Buy.
Silver price has pulled back from the record high of $121 an ounce reached early in the year. The precious metal has given back almost all the gains, trading at about $72 an ounce. The deep pullback came as the energy crisis from the Iran War raised concerns about inflation, consequently weighing on non-yielding precious metals.
Additionally, the deep pullback came as retail demand for the precious metal cooled off following strong upward price momentum last year. Silver stocks have also come down, tumbling after the silver price fell below $ 80 an ounce. Amid the heightened volatility, there is some relief around the corner.
JPMorgan Global Research expects silver prices to average $81 an ounce in 2026, more than double the 2025 average. The prices rose by 130% in 2025, driven by strong industrial demand amid uncertainty over tariffs. Strong Global demand, especially from China, is another factor that underscores Silver’s positive long-term outlook.
“With amplified Chinese investment demand significantly influencing price formation across the metals complex, we believe this remains another catalyst to watch in silver over the coming weeks. Ultimately, we are more cautious on re-engaging in silver in the near term until it becomes clearer that some of the recent froth in prices has been fully shaken out,“ said Gregory Shearer, head of Base and Precious Metals Strategy at J.P. Morgan.
In March, Chinese Silver demand surged to an all-time high, fueled by strong retail demand and the country’s massive solar industry. The country imported 836 tons, extending the strong run of inbound shipments.
Given the strong demand, the Silver Institute expects the global silver market to remain in a deficit for the sixth consecutive year. The deficit is expected to widen 15% to 46.3 million troy ounces in 2026
Given the positive outlook, characterized by strong demand, silver stocks look set to continue attracting strong interest. With that in mind, let’s take a look at some of the best silver mining stocks to buy.
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Our Methodology
To select our 8 best silver mining stocks to buy, we used various ETFs, the Finviz stock screener, and financial media reports to research a wide range of US-listed silver mining companies. We looked for companies that are already producing silver or developing silver production properties. We ended up with dozens of stocks in our initial list and applied additional filters to pick out the best ones. We picked out stocks with at least 20% upside potential (as of April 29) and are favored by hedge funds. The hedge fund data was sourced from Insider Monkey’s database as of Q4 2025. Finally, we ranked the stocks based on their price upside potential.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research shows we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
Best Silver Mining Stocks to Buy
8. Silvercorp Metals Inc (NYSEAMERICAN:SVM)
Stock Upside Potential: 22.13%
Number of Hedge Fund Holders: 22
Silvercorp Metals Inc (NYSEAMERICAN:SVM) is one of the best silver mining stocks to buy. This stock has gained more than 85% over the past six months and soared more than 210% over the past year.
On April 20, Roth/MKM lifted its price target on Silvercorp Metals Inc (NYSEAMERICAN:SVM) to $12.50 from $11.00 while reaffirming a Neutral rating on the stock. The firm revised its price target after Silvercorp released its fiscal Q4 2026 (ended March 31, 2026) operational highlights and issued fiscal 2027 (ending March 31, 2027) guidance. Silvercorp provided the highlights and guidance on April 16.
Regarding operational highlights, Silvercorp said it produced 1.5 million ounces of silver, 14 million pounds of lead, and 3.9 million pounds of zinc in fiscal Q4 2026. The company anticipates revenue of $147.4 million for the quarter, suggesting a 96% YoY growth. For fiscal 2026, the company produced 6.8 million ounces of silver and generated revenue of $438.1 million, indicating an increase of 47% over fiscal 2025.
In other operational updates, Silvercorp said construction of its Kuanping and El Domo mines continued to advance during Q4.
Looking ahead, Silvercorp expects to produce 6.8 million to 7.1 million ounces of silver and 9,500 to 10,000 ounces of gold in fiscal 2027. Also, it anticipates producing 62.7 million to 65.8 million pounds of lead and 22.3 million to 23.4 million pounds of zinc in fiscal 2027.
According to Roth/MKM, the recent rebound in the prices of silver and gold was a factor in its decision to raise the price target on Silvercorp stock.
Silvercorp Metals Inc (NYSEAMERICAN:SVM), based in Canada, is a China-focused silver mining company. It is China’s top primary silver producer. It also produces other metals, including gold, lead, and zinc. Silvercorp has exploration and development projects in other countries outside China. The company was founded in 1991.
7. Skeena Resources Ltd (NYSE:SKE)
Stock Upside Potential: 27.75%
Number of Hedge Fund Holders: 16
Skeena Resources Ltd (NYSE:SKE) is one of the best silver mining stocks to buy. The stock has climbed more than 75% in the past six months and soared more than 145% over the past year.
Skeena Resources Ltd (NYSE:SKE) has recently moved to strengthen its cash position as it continues to advance its Eskay Creek gold-silver project in British Columbia. On April 10, the company announced the closing of its $750 million notes offering. The company said these notes mature in 2031, have an interest rate of 8.5%, and feature a semi-annual interest payment schedule.
Skeena plans to put proceeds from this offering to various uses. First, it will set aside $94 million to fund interest on the notes for the first three payment schedules. It will use around $184 million to buy back 67% of its gold stream agreement with Orion and affiliates. The gold-stream repurchase will reduce Skeena’s streaming obligation for the Eskay Creek mine to 3.52% of payable gold production from 10.55% for the life of the project.
Skeena plans to set aside around $470 million to fund remaining construction at its Eskay Creek mine and for other general corporate purposes.
The Eskay Creek mine in British Columbia is a gold and silver production project wholly owned by Skeena. On March 31, Skeena provided a status update showing that 49% of the project development had been completed. The company further said the project was on track to meet its production commencement schedule.
Skeena Resources Ltd (NYSE:SKE) is a Canadian mining company focused on gold and silver production. The company is developing the Eskay Creek gold-silver mine in the Golden Triangle area of British Columbia. Production at this mine is targeted for 2027.