August 25, 2025
Physical Silver Price
VANCOUVER, BC, Aug. 25, 2025 /PRNewswire/ — USA News Group News Commentary – Silver miners are using 2025’s price gains to expand operations and make acquisitions, with some analysts calling it the sector’s biggest growth cycle in more than a decade. Earlier this year, the Silver Institute predicted 2025 mine output to hit a seven-year high, even as silver prices average 44% above the past decade’s levels. The silver mining market is projected to reach $42.23 billion by 2032, growing at 8.75% annually. Investors are watching producers such as Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF), Americas Gold and Silver Corporation (NYSE-American: USAS) (TSX: USA), Silver47 Exploration Corp. (TSXV: AGA) (OTCQB: AAGAF), Coeur Mining, Inc. (NYSE: CDE), and Guanajuato Silver Company (TSXV: GSVR) (OTCQX: GSVRF).
Industry dynamics still favor silver producers, with supply constraints creating what experts call a ‘perfect storm’ for the sector. Recent quarterly reports show major producers posting double-digit growth, even amid ongoing operational challenges. Silver’s dual role as both an industrial metal and a store of value is fueling demand from renewable energy, electronics, and investors, putting miners in a strong position. Link to Full story has excerpts about the companies mentioned above.
There are not many mines whose majority production is silver. Here is a list of some that LOTM finds interesting or owns.
- Americas Gold & Silver (USAS*) $2.42 – LOTM is speculating that USAS will merge with New Found Gold (NFGC*) $1.71 soon. It is circumstantial evedience – we have not heard any rumors or chat on this subject from any other source.
- Pan American Silver (PAAS) $33.08.
- Hecla Silver (HL) $7.96
- First Majestic (AG) $9.02
- Avino (ASM) $4.25
- Coeur Mining (CDE) $12.30
- Aya Gold & Silver (AYASF*) $9.31
- Endeavour Silver (EXK) $5.84
- Vizsla Silver (VZLA*) $3.54
- Silver One (SLVRF*) $0.23
- Adriatic Metal (ADMLF) $4.08
- Outcrop Silver (OCGSF*) $0.21
It is best to buy a package of companies to avoid company risk or buy a Silver miner ETF or fund.
Here are a couple of names:
- iShares MSCI Global Silver miners (SLVP) $20.79
- Global Silver Miners (SIL) $55.89
- Credit Suisse AG Silver Miner ETN (SLVO) $84.08
- ETFMG Prime Silver Miners (SILJ) $17.47
Mining companies should be considered specultive. Very few institutions or asset managers consider this industry as a long-term investment. Rather they treat the industry as a momentum trade, slow to buy but very fast to sell. There will be sharp rallies and sell offs but we will likely have two to four more years of good markets for Gold, Silver and Copper miners. The demand is larger than production and will be for a while.
LOTM consider this a trend following situation where one can sell some shares into sharp, fast rallies and repurchase the shares again on sharp sell offs. LOTM consider the industry, especially the junior explorcos and producers as undervalued. This even with the rally in prices over the past eight months. Larger producers are generating a high levels of free cash flows. Mergers and buy-outs will stay strong.
Large Cap silver producers have risen above resistance established over the last nine-years. We offer the perspective that while we “could” see a pull back we are about to to a new leg higher.
Small-cap Silver miners are lagging slightly behind the larger-cap Silver miners, but have a history of out-performing the larger cap companies Silver miners. Owning some of both is a good strategy is working this ETF trade concept.
Because of the high volatility nature of the gold and silver mining industry, dollar-cost-averaging (DCA) in and out of positions, is strongly suggested. Liquidity is thin and pivots in price direction comes fast and hard. If bullish look to sharp pullback to add shares. If exiting a position, use DCA to sell shares on sharp rallies.
Keep in mind that highs are higher than you think they can be and lows are far deeper than you think they can go. Nature of the Beast.
Good fortune to us all!
LOTM Research & Consulting Service
* An account related to LOTM holds a position in this security.
Neither LOTM nor Tom Linzmeier is a Registered Investment Advisor.
Please refer to our web site for full disclosure at www.LivingOffTheMarket.com ZTA Capital Group, Inc.
To Unsubscribe please select “return” and type Unsubscribe in the subject line.
