The Best Silver Mining Stocks Under $5
Many silver mining stocks can be under $5 per share. And that makes them a great investment option. Especially for those looking to get into the mining industry. And these stocks may be a little riskier than some of the larger mining companies. But they can offer investors a chance to see large returns on their investment. That is, if silver prices keep rising.
Silver prices have been on the rise in recent years. Investors have become more interested in precious metals as a safe-haven investment. This has made silver mining stocks a hot commodity and a good opportunity.
There are many factors that make silver mining stocks a good investment. Firstly, silver is a valuable resource that is in high demand. As global populations continue to grow, demand for silver will continue to increase. Which makes silver mining stocks a sound investment.
Secondly, silver is a “safe-haven” asset. Meaning that it tends to hold its value better than other types of investments. And that’s especially important during times of economic instability. This makes silver mining stocks a less risky investment option.
However, investing in penny stocks and other cheap stocks carries risk. Many of these companies are not well-known and may not be able to deliver on their promises. For this reason, it’s important to do your research before investing in any stock, no matter how cheap it is.
There are many different silver mining stocks available. And it can be tough to decide which ones are the best for you. Below, I’ve put together a list of some cheap silver mining stocks under $5. And even better, these all have a gross profit margin of over 20%!
Best Silver Mining Stocks Under $5
- Silver Bear Resources Plc. (OTC: SVBRF)
- IMPACT Silver Corp. (OTC: ISVLF)
- Fortuna Silver Mines Inc. (NYSE: FSM)
- Silver Mines Ltd. (OTC: SLVMF)
- Silvercorp Metals Inc. (NYSE: SVM)
- Santacruz Silver Mining Ltd. (OTC: SZSMF)
Silver Mining Stocks to Buy
No. 6 Silver Bear Resources Plc.
Silver Bear Resources Plc is a Canadian silver mining stock. Its primarily operate in Russia and Kazakhstan. The company has a market cap of $27 million. And you already know many other countries and businesses are pulling out of Russia. So, in theory, this presents a great opportunity for Silver Bear.
But recently, they’ve received a “Cease Trade Order” by the Ontario Securities Commission. So, it’s an investment to keep your eye on in the following months.
The company is led by CEO Vadim Ilchuk, who has about 20 years of experience in the mining industry. He has been with Silver Bear Resources Plc since 2018. And he’s been instrumental in the company’s growth.
No. 5 IMPACT Silver Corp.
IMPACT Silver Corp. is a Canadian silver exploration and development company. They have a focus on acquiring, exploring and developing high quality silver assets. The company is based in Vancouver, British Columbia and founded in 1987.
Some of its key projects include assets in Zacualpan, Mexico and Capire Mamatla. Both are in Mexico and well-funded. And, the company has a strong management team. Plus, this team has a wealth of experience in silver exploration and development. In addition, after some struggling, the stock seems to be picking up again.
No. 4 Fortuna Silver Mines Inc.
If you’re looking for silver mining stocks that are under $5, then you should take a look at Fortuna Silver Mines Inc. This company engages in the silver mining business and has many attractive qualities. Qualities that could make it a good investment choice.
Fortuna Silver Mines Inc. is a well-managed company with a strong history of profitability. The company has a low net debt level and is in a good position to take advantage of the silver market’s growth potential.
All in all, Fortuna Silver Mines Inc. is a good silver mining stock to consider if you’re looking for exposure to this sector. The company has a bright future. And it could provide investors with considerable returns in the years ahead.
No. 3 Silver Mines Ltd.
Silver Mines Ltd. is a silver mining company with its primary operations in Australia. And one of its assets is the biggest undeveloped silver project in the country. Even better, it is 100% owned by the company.
Plus, Silver Mines has many exploration projects in various stages of development. This includes its silver project. But also a copper, zinc and gold projects. And recently, they’ve been increasing gold and zinc drilling.
No. 2 Silvercorp Metals Inc.
Silvercorp Metals Inc. is a silver mining company based in Canada. The company has been in operation for over three decades. And it’s well-known for its production of silver, lead and zinc. Silvercorp operates two silver mines in China. And those mines are the largest silver producers in that country.
This silver mining stock has a strong track record of profitability. And it’s well-positioned to enjoy the increasing demand. Silvercorp’s shares are currently trading at a discount to its intrinsic value. And that makes them an attractive investment opportunity. This silver mining stock also offers a small dividend at less than 1%.
No. 1 Santacruz Silver Mining Ltd.
If you’re looking for silver mining stocks, Santacruz Silver Mining Ltd is a great option. The company focuses on the exploration and development of silver projects in Mexico. Santacruz holds a portfolio of high-quality assets. This includes the Veta Grande project, one of the largest silver deposits in Mexico.
Santacruz Silver Mining Ltd is a well-run company with a strong management team. They have a track record of delivering value to shareholders. And I believe that it will continue to do so in the future. This silver mining stock is also attractively priced, making it a good investment choice.
Final Words
All the silver mining stocks listed above have a lot to offer investors. They are all well-managed companies with a strong history of profitability. Further, they’re in a position to take advantage of the silver’s growth potential.
If you’re looking for exposure to silver through stocks, then you could consider one of these companies. They offer a lot of upside potential. And these stocks could provide investors with significant returns in the years ahead.