Silver prices have reached all-time highs, trading near $100 per ounce, driven by strong industrial demand, shifting monetary conditions, and investor interest in safe-haven assets. The surge in silver, which often follows gold prices, is particularly notable due to its critical role in industries like solar energy, electric vehicles, and electronics.
Key silver-mining companies are responding positively to this demand. First Majestic Silver (AG), with a stock price of $29, has reported record silver-equivalent output of 15.4 million ounces in 2025 and anticipates a 30% increase in annual earnings to $0.60 per share. Buenaventura Mining (BVN), priced at $40, has seen its shares rise 200% over the past year and forecasts double-digit EPS growth. Fresnillo (FNLPF), valued at $57, is the leading primary silver producer globally, expecting a remarkable 708% increase in FY26 EPS to $2.91.
As a result, the Zacks Mining-Silver Industry ranks in the top 6% among over 240 Zacks industries, highlighting a strong investment outlook for these companies amid the ongoing metal rally.
