1
Apr

How to Invest in the Silver Industry and in Silver Mining Companies

I recently started investing in the mining stock market, I am currently investing in the gold and iron ore market but I am wanting to invest in the silver market too but I don’t know much about the market and so I decided to study the silver market and information about how does some silver mining company act. After studying a lot I found relevant information about the market and some of them were: Silver mining companies are involved in the exploration, development and production of silver. Many companies in the silver mining industry also mine other metals such as gold, palladium, lead, zinc and others. Many companies in the sector own and operate their own mines and are directly involved in production. In contrast, streaming companies, as they are called, buy silver from producers with the aim of profiting from the price appreciation. Silver is considered a precious metal, as it is rare and of high economic value. It can be found in jewelry, coins and also electronics as it has the highest electrical conductivity of any metal. Like other precious metals such as gold, silver is often purchased by investors as a safe haven in times of economic turmoil. In 2021 the largest silver mining companies were: Industrias Penoles SAB de CVRevenue (TTM): $4.2 billionNet Income (TTM): – $299.5 million Market capitalization: $6.5 billion 2 Polymetal International PLCRevenue (TTM): $2.2 billionNet Income (TTM): $480.0 millionMarket capitalization: $11.9 billion 3 Fresnillo PLCRevenue (TTM): $2.2 billionNet Income (TTM): $198.4 millionMarket capitalization: $12.7 billion 4 Pan American Silver Corp. (PAAS)Revenue (TTM): $1.4 billionNet Income (TTM): $0.7 millionMarket capitalization: $8.1 billion 5 Wheaton Precious Metals Corp. (WPM)Revenue (TTM): $891.1 millionNet Income (TTM): $123.7 millionMarket capitalization: $25.3 billionFinal 1-year total return: 117.5% 6 Coeur Mining Inc. (CDE)Revenue (TTM): $721.9 millionNet Income (TTM): – $298.4 millionMarket capitalization: $2.1 billionFinal 1-year total return: 79.5% With this information, we can come to a conclusion on how to invest and in which companies in the sector we can invest.