The Zacks
Mining – Silver
industry had been impacted by weak silver demand as the COVID-19 pandemic crippled the industrial sector last year. Although industrial activity had been recovering this year, which led to higher silver prices, the spread of the highly contagious Delta variant put a rein on this rally. This has triggered concerns that the global economic recovery could be derailed, which is weighing on silver prices.
Silver miners including
Pan American Silver
PAAS
,
Buenaventura Mining Company Inc.
BVN
and
MAG Silver Corp.
MAG
have been relying on cost management and efforts to increase efficiency.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.
Click to get this free report