The 5 Top Silver Stocks 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.

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. It has 24 operating mines and another 8 development projects around the world.

Wheaton’s earnings-per-share performance has been quite volatile over the last decade. Due to its business model, Wheaton doesn’t control how much gold or silver is mined from a specific location nor does the company have control over the market prices for the precious metals.

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.

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