Top 10 Silver Penny Stocks List

Silver Penny Stocks

Some may think that silver penny stocks allow investors to track the market price of silver, however the truth is that investing in even the best silver penny stock recommendations results in tracking the performance of a certain production company. The silver penny stocks are as good as the company behind them! Sure the market price of silver directly affects their financial outcome, however, it is the management skills and strategies that can prove a company right or wrong.

Silver is very rarely found in nuggets in nature as gold but rather alloyed with metals like gold, sulfur, arsenic, galena and others. Some of the most silver rich regions of the world are Australia, North and Central Americas. When considering best penny stock picks for silver mining operations, make sure that their mines are located in these regions.

1. First Majestic Silver Corp. (AG)
These NYSE silver penny stocks are highly regarded from a company that currently owns and operates five major silver mining projects across Mexico. The Company is headquartered in Canada and owns a silver trading business in Europe.

2. Great Panther Silver Ltd. (GPL)
Another Canada based precious metals producer that owns and operates several mines across Mexico and focuses on mining for gold, silver, lead and zinc. One of its largest operations is the Topia Mine in Durango State in Mexico covering over 6,000 hectares of land and offering 53 separate silver mining concessions. Do not skip these hot penny stocks and include them in your calculations.

3. Hecla Mining Co. (HL)
Do not miss these silver penny stocks from the company that owns and operates not only gold mining operations but precious metals smelting and refining businesses. HL Company mines for gold, silver, lead and zinc in Idaho, Quebec, Canada and Admiralty Island in Alaska. Additionally, the company sells unrefined gold and silver bullion bars to wholesale distributors all over the world.

4. SilverCorp Metals Inc. (SVM)
These silver penny stocks come straight from the company that owns exploratory, development and production interests in various mines across China and Canada. Among its mining assortment of metals, you will find gold, silver, lead and zinc.

5. Fortuna Silver Mines (FSM)
The company is in the business of exploration and extracting precious metals across the countries in Latin America. These popular penny stocks are a great pick because it mines for a variety of metals in some of the most metal rich regions of South America.

6. Endeavour Silver Corp. (EXK)
Another Canadian based company involved in the exploration and extraction of precious metals including silver in Mexico and Chile. The company also holds interests in its largest La-Bufa mining property in Mexico covering over 2,3K hectares of land.

7. Wildcat Silver Corp. (WS.TO)
Any worthy penny stocks list would not be complete without mentioning this Canadian precious metal producer. Among its extraction goal metals are gold, silver manganese, zinc, lead and copper. The company owns 80% of business operation interests in a Hermosa property in Arizona.

8. Silver Standard Resources Inc. (SSRI)
Silver is on top of the company’s dominating interests as it is involved in exploratory and operating efforts in North and South Americas. Besides silver, the company also mines for gold, zinc, copper and lead. Perquitas Mine in Argentina is by far its largest mining operation encompassing 50 concessions and covering 3,6 K hectares of land.

9. Alexco Resources Corporation (AXU)
The Company offers silver penny stocks and is focused on developing and mining for gold, silver, lead and zinc on its mining properties in Canada. In addition to its immediate mining operations, the company also provides project management, mine site remediation and consulting services to other precious metals extracting businesses.

10. Gold Reserve, Inc. (GRZ.V)
The list of hot silver penny stocks would simply not be complete without throwing some gold penny stocks in the equation. The Company based in Spokane, WA is focused on exploration and development of gold and silver mining operations. Its La Torguga Property in Jalisco State, Mexico covers 11,5 K hectares and holds promising precious metals reserves as of today.