Top Silver Stocks List | 5 Stocks To Check This 2022

Silver stocks operate in a highly cyclical industry. Profits for mining companies are reliant on high precious metals prices. During times of rising precious metals prices, this results in a massive windfall.

But the opposite is also true–lower precious metals prices can cause mining companies to post losses. As a result, income investors looking for stable cash flow and reliable dividends need to tread carefully.

With this in mind, we created a list of silver stocks with important financial ratios such as price-to-earnings ratios and dividend payout ratios.

We rank these 5 companies by a qualitative combination of asset quality, balance sheet strength, future growth prospects, and dividend safety.

Silver Stock #5: Wheaton Precious Metals (WPM)

Formerly known as Wheaton Silver, Wheaton Precious Metals was started in 1994. The company has a market capitalization of $18 billion.

Wheaton is the largest metal streaming company in the world. Streaming means that the company purchases the right to buy silver and gold at a low fixed cost instead of outright mine ownership.

Silver Stock #4: Pan American Silver Corporation (PAAS)

Pan American Silver Corporation explores, acquires, develops and refines silver produced from its mines. The company has a market cap of $5 billion.

The company has operations in both North and South America, and has used acquisitions to help fuel future growth, for example acquiring Canadian precious metal mining company Tahoe Resources in 2019.

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