The best silver mining stocks to buy now | The Motley Fool Canada

Gold prices have consolidated their earlier profit for the summer season. And although the next leg higher may not all be too far away for the high -flying yellow precious metal, I think it is time that investors have shown more love to silver, which has not shown any signs of delay in the past three months.

Silver, which tends to be in the shade of gold, has risen no less than 16% in three months. Simply put, it has been a hot summer to be an investor in silver and a fairly lukewarm for the Golden Bugs, who have seen a flat (1.7%) profit since the end of May.

Silver indeed seems to be absolutely the timer of the two metals, especially when we go out of an incredibly quiet month before markets. Indeed, how often have we seen the stock markets aside in recent weeks with minimal volumes? In any case, I think there is a strong case to hang on gold, because the volatility raises its ugly head again.

For investors who want a little more affordable, with timely catalysts who enter the end of the year, it may be the silver mining companies that can deliver more for the money, given their operational leverage and the ability to get the most out of the latest run of the silver prices.

Let’s look at a few silver mining games that still look like stunning purchases. Their ratings are modest, and if the power in silver continues to exist and perhaps in the early winter, the following names can have a strong finish of the year.

Pan American silver

Pan American silver (TSX: Paas) is a $ 16.3 billion miner who has strengthened the three -month increase in Silver, now more than 33% in the Timespan. With shares at fresh multi-year highlights (no new highlights of all time, but they come within reach after the last summer-melt), I think that silver investors should look closely at the name.

It has a robust production outlook for the year, and the means to grow its well-covered dividend (1.5% yield) for the coming years. Indeed, perhaps more generous dividend increases can be in the cards when Silver is ready to continue to surpass gold.

With Smart Fusion and Acquisition Moves (De Mag Silver Acquisition stood out as Genius), a top management team, and a dirty love-loving institution 17.45 times with a backlog of price-to-win (p/e) Multiple, there is a lot to keep precious metal miners.

First majestic silver

First majestic silver (TSX: AG) is another great name to buy for investors who are bullish about the silver prices. It picks up traction with his production in Mexico and could be for constant momentum that starts the new year, especially if the increase in Silver is not completely over. The $ 6 billion miner is much smaller than Pan American, the five -year graph is not that attractive and the dividend only yields 0.22%.

Anyway, I consider First Majestic as a fantastic option for value investors after the recently appreciated full-you guide. In the past three months, shares won more than 50%, making the miner one of the favorite high-upside ways to bet on the recent Gulf of Momentum that hits silver.

Higher upwards, however, is usually at the expense of more risk and volatility. Investors must therefore be ready for more correlation with wide markets (1.03 beta) compared to Easter shares.