Silver found momentum in the first half of 2024, breaking through US$30 per ounce for the first time since 2012.
The white metal’s strong price gains came as high industrial demand met with precious metals investors entering the market amid global uncertainty and speculation of a rate cut from the US Federal Reserve.
Gold has also performed strongly during the year, setting several new all-time highs.
Although silver has declined from its year-to-date high of US$32.27 on May 20, it has stayed relatively close to the US$30 mark, and higher prices have provided strong fundamental support for silver miners.
Below is an overview of the five largest silver-mining stocks by market cap as of August 29, 2024, as per data gathered using TradingView’s stock screener. Read on to learn more about their activities and operations.
