In this piece, we will discuss the 11 Best Junior Silver Mining Stocks to Invest In.

According to Reuters’ report dated April 15, 2026, silver may see its sixth straight structural deficit this year amid weakening consumption trends.

According to research conducted by Metals Focus for the Silver Institute, 762 million troy ounces have been taken out of inventories since 2021. Such a backdrop hints at increased market exposure to another liquidity squeeze despite the improvement noted since the October 2025 dislocation in London.

Accordingly, the 2026 global silver deficit is projected to widen from 40.3 million ounces in 2025 to 46.3 million ounces this year, with the report further adding that total silver supply is expected to fall by 2% in 2026 amid lower expectations that hedging output will remain at late-2025 levels.

Meanwhile, a recovery in U.S. buying is expected to push coin and bar demand by 18%, while weaker industrial and jewelry consumption may reduce total demand by 2%.

Thus, the outlook for silver, known for its applications in jewelry, electronics, electric vehicles, and solar panel markets, as well as for its investment appeal, rests heavily on both industrial demand and investor sentiment.

With this background in mind, we will now jump to our list of the best junior silver mining stocks to invest in.

Methodology

To curate our list of the best junior silver mining stocks, we relied on ETFs to extract an initial list of junior silver mining stocks. Next, we assessed hedge fund sentiment in each stock, using Insider Monkey’s hedge fund database, which tracks over 1,000 elite hedge funds and their holdings as of Q4 2025. Finally, our list is presented in ascending order based on the number of hedge funds bullish on each stock. These stocks are also popular among analysts.

Note: All data was extracted on April 17, 2026.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).

11. Avino Silver & Gold Mines Ltd. (NYSE:ASM)

With significant hedge fund interest, Avino Silver & Gold Mines Ltd. (NYSE:ASM) ranks among the best silver mining stocks.

As of April 17, 2026, Avino Silver & Gold Mines Ltd. (NYSE:ASM) enjoys the confidence of around 75% of covering analysts, who keep bullish ratings on the stock. The $12 consensus price implies over 50% upside potential.

So far this year, Avino Silver & Gold Mines Ltd. (NYSE:ASM) has gained over 12%, slightly underperforming the Other Precious Metals & Mining industry’s 15% gain. Meanwhile, over a one-year period, the stock surpassed the industry’s 200% return, rising over 250%. This reflects the robust performance of gold and silver miners over the past year. As of the time of writing, silver has surged over 180% since the start of 2025.

The company’s performance is attributable to its record revenue of $92.2 million in 2025, representing 39% year-over-year growth. The top-line performance helped Avino Silver & Gold Mines Ltd. (NYSE:ASM) achieve 118% growth in adjusted net income. Furthermore, the company reported $43 million in EBITDA and a record $102 million in cash balance, meeting annual production guidance.

Another significant development during the year was the ramp-up at La Preciosa, where Avino Silver & Gold Mines Ltd. (NYSE:ASM) started processing development material. After securing 100% ownership by buying back royalties and obligations, the company said better-than-expected drill results bolstered the mine’s outlook. La Preciosa is one of the largest undeveloped primary silver resources in Mexico.

Building on those positive developments, management guided 2.4-2.7 million silver-equivalent ounces for 2026. The company’s focus on development work at La Preciosa lowered management’s expectations regarding its five-year production plan. Avino Silver & Gold Mines Ltd. (NYSE:ASM)’s cash position remains healthy, and therefore, management expects silver-equivalent production to remain strong into 2027.

Avino Silver & Gold Mines Ltd. (NYSE:ASM) drew attention from analysts at Roth Capital following the company’s guidance release in February and strong fourth-quarter and full-year 2025 earnings release in March. The investment firm raised its price target from $7.25 to $7.50, while reiterating a “Neutral” rating.

Avino Silver & Gold Mines Ltd. (NYSE:ASM) is a Canadian mining company focused on the acquisition, exploration, and production of silver, gold, copper, and base metal deposits. It operates the Avino Mine in Mexico and is advancing additional projects, such as La Preciosa, to increase production and deliver long‑term value.

10. Vizsla Silver Corp. (NYSE:VZLA)

Vizsla Silver Corp. (NYSE:VZLA) has significant support from hedge funds, making it one of the best silver mining stocks.

Recently, Vizsla Silver Corp. (NYSE:VZLA) came under Jim Cramer’s radar after a caller asked whether they should invest in the stock amid the rise in silver prices. However, he expressed his bearish outlook on the stock, emphasizing that VZLA remains a risky option. Instead, he said he preferred Agnico Eagle for investors looking long-term.

Vizsla Silver Corp. (NYSE:VZLA) risk profile is tied to significant security concerns in Mexico following fatal employee abductions in 2026.

Management confirmed on April 6, 2026, that nine employees had been found dead and one remains missing. While this reflects a major human tragedy with potential implications for workforce stability, community relations, and near-term project activity in Concordia, Sinaloa, Vizsla Silver Corp. (NYSE:VZLA) has yet to disclose the immediate business impact. The security situation could potentially hamper execution, sentiment, and perceived geopolitical risk surrounding the Panuco Project, the company’s sole development project. Earlier in the year, the company had reported that ten individuals were abducted from the project site.

Yet recent analyst coverage raises concerns about the security situation at the Panuco Project site.

Analysts at CIBC remain skeptical of the company’s target of first silver in the second half of 2027. Accordingly, the firm downgraded Vizsla Silver Corp. (NYSE:VZLA) from “Outperform” to “Neutral” with a reduced target of C$7 (down from C$10).

Despite the looming security concerns, analyst sentiment remains broadly bullish. Around 70% of covering analysts maintain “Buy” ratings on the stock, with the $5.96 price target implying 70% upside potential.

Vizsla Silver Corp. (NYSE:VZLA) is a mineral exploration and development company that engages in the acquisition, exploration, and development of mineral resource properties, including a silver-gold project in Sinaloa, Mexico.