Silver Investing News

The silver worth took some tumbles throughout the primary quarter of the year, and whereas it managed to hit a high of US$16.04 per ounce on January thirty, it had been down two % overall in Q1.

Despite those struggles, some silver corporations still managed to form progress and expand the resource potential of their assets. currently that Q1 has come back to an in depth, and the simplest silver investing stocks on the TSX that have seen the largest share worth gains year-to-date.

The list below was generated on April four, 2019, mistreatment TradingView, and every one corporations listed had market caps on top of C$50 million at that point.


1. magazine Silver (TSX:MAG)
Current share price: C$13.35; year-to-date gain: twenty eight.99 percent

MAG Silver is concentrated on turning into a top-tier primary silver investing company by exploring and advancing high grade, district scale, silver dominant comes within the Americas. The miner’s main plus is that the Juanicipio property in North American country. Juanicipio is presently being developed in an exceedingly venture partnership with Fresnillo (LSE:FRES).

At the start of March, magazine reportable the invention of the northeast adjusted Venadas vein at the Juanicipio plus. it'sthe primary ever mineralized vein within the Fresnillo district adjusted at a high angle.

On weekday (April 1), the corporate free its 2018 annual report, noting that it had assets of US$129,316, together withmoney and cash equivalents of US$130,180.

2. nice Panther Mining (TSX:GPR)
Current share price: C$1.23; year-to-date gain: thirty.85 percent

Great Panther may be a precious metals producer and exploration company with 2 primary silver mines among Mexico’s traditionally prolific mining districts: the Guanajuato mine advanced and therefore the Topia mine. The Guanajuato Mining District has made over one billion ounces of silver in roughly four hundred years.

At the start of March, the mineworker completed the acquisition of Beadell Resources, together with the manufacturingTucano mine in Brazil.

Additionally, on Gregorian calendar month twenty eight, the corporate free its 2018 monetary results. whereas revenue was down from C$63.7 million in 2017 to C$59.4 million last year, nice Panther created many mining and exploration choices to make sure a palmy 2019.

3. Wheaton Precious Metals (TSX:WPM)
Current share price: C$31.56; year-to-date gain: twenty.6 percent

Wheaton Precious Metals is one in all the most important precious metals streaming corporations within the world. the corporate presently has streaming agreements for nineteen operative mines and 9 development stage comes. Its profile is driven by silver streams on Glencore’s (LSE:GLEN) Antamina mine and Goldcorp’s (TSX:G,NYSE:GG) Peñasquito mine, yetas a gold stream on Vale’s (NYSE:VALE) Salobo mine.

On Gregorian calendar month twenty one, the mineworker declared that it had exceeded its production steering for 2018, manufacturing twenty four,474 ounces of silver rather than the twenty two,500 ounces it had originally forecast. Wheaton conjointly surpassed its production steering for each gold and Pd.



4. Silvercorp Metals (TSX:SVM)
Current share price: C$3.40; year-to-date gain: thirteen.71 percent

Silvercorp is China’s premier silver producer, with annual production of half-dozen million ounces of silver within the 2018 financial year. the corporate focuses on the acquisition of underdeveloped comes with resource potential and therefore the ability to grow organically.

In mid-February, the mineworker free its Q3 financial year 2019 highlights, noting that it sold-out or so one.7 million ounces of silver, 1,100 ounces of gold and seventeen.8 million pounds of lead, up thirteen %, fifty seven % and thirteenpercent, severally, year-on-year.

Silvercorp conjointly finished the quarter with silver-lead concentrate inventories of four,211 tonnes, up thirteen %compared to Sep thirty, 2018.

On Gregorian calendar month twenty, the mineworker declared a share repurchase program to accumulate up to eight,484,682 stock, representing or so five % of the 169,693,640 stock issued and outstanding as of Gregorian calendar month five, 2019. Silvercorp took this action because it believes that market conditions have resulted in its shares being undervalued relative to the immediate and long-run price of its portfolio.

5. Maya Gold & Silver (TSX:MYA)
Current share price: C$2.19; year-to-date gain: thirteen.47 percent

Maya Gold & Silver’s main goal is to get growth and revenue through acquisition and exploration programs, with a selectedspecialize in precious metals assets in Morocco. whereas Maya has multiple comes in Morocco, together with its Boumadine mine, Amizmiz property and Azegour mine, the company’s flagship project is its Zgounder mine.

At the start of January, the corporate declared that it had begun business production at the Zgrounder mine. throughout a twenty eight day amount, a complete of four,622 MTs of low grade ore with a mean silver grade of 157 grams per tonne was processed.

In late Gregorian calendar month, the corporate provided AN update on production at Zgrounder, stating that the mill had processed fourteen, 579 tonnes at a mean grade of 213.6 grams per MT silver and had made 936 tonnes of concentrate. Overall, the flotation method reached eighty five.9 % effectiveness.




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