11 Best Silver Mining Stocks to Buy According to Hedge Funds

8. First Majestic Silver Corp. (NYSE:AG)

Number of Hedge Fund Holders: 21

First Majestic Silver Corp. (NYSE:AG) reported positive exploration results from its San Dimas Silver/Gold Mine in Durango, Mexico, following expanded drilling efforts. The program intersected high-grade silver and gold mineralization close to underground development with the goal of finding new veins and upgrading Inferred to Indicated Mineral Resources. The West Block’s recently discovered Coronado vein produced a noteworthy high-grade intercept, showcasing the possibility of finding new mineral resources. Veins at Elia, Sinaloa, Roberta, and Santa Teresa also yielded promising findings. President and CEO Keith Neumeyer pointed out San Dimas as a key asset, citing “untapped potential” in previously mined but undiscovered areas.

San Dimas is a major section of First Majestic Silver Corp. (NYSE:AG)’s long-term expansion strategy and one of its major working mines. Its standing as a superior asset is further supported by the 2025 drilling campaign, as extensions at several veins show potential for resource expansion. The mineralization profile of the district is further improved by the discovery of the Coronado vein. It is among the Best Silver Mining Stocks.