1. First on the list of top Canadian silver stocks of 2024 is SilverCorp Metals Inc. (TSX: SVM)
SilverCorp Metals Inc. is a mining company engaged in the acquisition, exploration, development, and production of mineral properties in China. The company’s primary focus is on silver and silver-related mineral properties.
As of 2024, SilverCorp Metals has been performing exceptionally well, solidifying its position as a leading Canadian silver stock. With a strong portfolio of high-grade silver assets and a track record for operational excellence, SilverCorp Metals continues to attract investors looking to capitalize on the lucrative silver market.
2. Second on the list is Pan American Silver Corp. (TSX: PAAS)
Pan American Silver Corp. is a Vancouver-based mining company with operations in North and South America. The company specializes in the production of silver, gold, zinc, lead, and copper. Pan American Silver has a diversified portfolio of mines and projects, making it a strong contender in the silver market.
In 2024, Pan American Silver Corp. has seen significant growth in its stock performance, driven by strong silver prices and efficient operations. With a focus on sustainability and community engagement, Pan American Silver has positioned itself as a responsible and profitable investment opportunity in the Canadian silver sector.
3. Third on the list is Fortuna Silver Mines Inc. (TSX: FVI)
Fortuna Silver Mines Inc. is a Canadian-based precious metals mining company with operations in Latin America. The company’s primary focus is on silver and gold production, with a portfolio of high-quality assets that contribute to its strong financial performance.
In 2024, Fortuna Silver Mines has emerged as one of the top-performing Canadian silver stocks, benefiting from robust silver prices and a disciplined approach to project development and production. With a commitment to operational excellence and sustainability, Fortuna Silver Mines continues to attract investors seeking exposure to the silver market.
4. Fourth on the list is First Majestic Silver Corp. (TSX: FR)
First Majestic Silver Corp. is a Canadian silver mining company with operations in Mexico. The company is known for its focus on silver production, with a portfolio of high-grade silver assets that contribute to its strong financial performance.
In 2024, First Majestic Silver Corp. has maintained its position as a top Canadian silver stock, driven by favorable market conditions and operational efficiency. With a commitment to sustainable mining practices and stakeholder engagement, First Majestic Silver Corp. offers investors a compelling opportunity to capitalize on the silver market’s potential.
5. Last but not least, Wheaton Precious Metals Corp. (TSX: WPM) rounds out the list of the best-performing Canadian silver stocks of 2024.
Wheaton Precious Metals is a leading precious metals streaming company with a diversified portfolio of assets in the silver and gold sectors. The company provides investors with exposure to the mining industry through streaming agreements that entitle Wheaton Precious Metals to a percentage of the production from mining operations.
In 2024, Wheaton Precious Metals continues to be a standout performer in the Canadian silver market, benefiting from its unique streaming business model and strong operational performance. With a focus on delivering value to shareholders and maintaining a strong financial position, Wheaton Precious Metals remains a top choice for investors seeking exposure to the silver market.