How to Buy Silver Stocks
Investors seeking silver exposure have the opportunity to invest in stocks of companies responsible for discovering and mining the precious metal. Because the profitability of silver miners depends on the market price for their goods, these stocks often exhibit a strong positive correlation with spot silver prices.
Many mining companies extract multiple metals, meaning that stock prices can be impacted by movements in the price of silver, gold, and various other precious and industrial metals. There are, however, a number of publicly-traded companies who focus exclusively or primarily on silver:
- Silver Wheaton Corporation (SLW)
- Pan American Silver Corp. (PAAS)
- Silvercorp Metals (SVM)
- Silver Standard Resources (SSRI)
- First Majestic Silver Corp (AG)
For a more complete list of silver miners, see the holdings of the Global X Silver Miners ETF.