In this article, we will discuss: 11 Best Silver Mining Stocks to Buy According to Hedge Funds.
Silver mining stocks are ownership in firms that explore, develop, and produce silver. These businesses mine silver from the earth, frequently along with other metals, including zinc, lead, and gold.
HSBC raised its projection for the price of silver on August 8th, citing the strength of gold and geopolitical unpredictability as major factors. According to the bank, average silver prices will rise from $30.28 to $35.14/oz in 2025, from $33.96 to $26.95 in 2026, and from $28.30 to $31.79 in 2027. According to HSBC, spot gold, which is up 29% so far this year and reached a record $3,500/oz in April, has brought silver under a “strong gravitational pull.” The increase is “due more to silver’s relationship with gold than (to) underlying fundamentals.”
Industrial silver demand is expected to decline in 2025, following four years of record growth, but is anticipated to rebound in 2026, driven by the photovoltaic and electronics sectors. On the other hand, demand for jewelry and silverware is expected to decline due to high prices, but previous solid purchases have already restrained coin and bar sales. As per HSBC, the silver deficit would rise from 167 million ounces in 2024 to 206 million ounces in 2025 before falling to 126 million ounces in 2026.
With that said, here are the 11 Best Silver Mining Stocks to Buy According to Hedge Funds.
An aerial view of the 1,840 mineral claims spread out over a 274 square mile area for the Pebble Copper-Gold-Molybdenum-Silver-Rhenium project.
Our Methodology
We sifted through ETFs and online rankings to form an initial list of the 11 Best Silver Mining Stocks to Buy According to Hedge Funds. From the resultant dataset, we chose 11 stocks with the highest number of hedge fund investors, using Insider Monkey’s database of 1000 hedge funds in Q2 2025 to gauge hedge fund sentiment for stocks. We have used the stock’s market cap as of August 31 as a tie-breaker in case two or more stocks have the same number of hedge funds invested.
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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
11. Endeavour Silver Corp. (NYSE:EXK)
Number of Hedge Fund Holders: 14
Endeavour Silver Corp. (NYSE:EXK) produced 2.5 million silver equivalent ounces in Q2 2025, a 13% increase over the previous year. The business sold 1,455,680 ounces of silver at $32.95 and 7,706 ounces of gold at $3,320, bringing in $85.3 million, a 46% increase in revenue. Operating cash flow from the mine surged 21% to $22.9 million, although costs stayed favorable at $15.35/oz in cash costs and $25.16/oz AISC. It had $52.5 million in cash at the end of the quarter.
The company expanded the Terronera credit facility from $120 million to $135 million and completed the $50 million acquisition of Minera Kolpa, advancing strategic ambitions. Production was raised by Kolpa’s integration and Terronera, which achieved 1,900-2,000 tpd throughput and recovery rates of 71% silver and 67% gold in late July, approaching commercial output despite commissioning losses. Endeavour Silver Corp. (NYSE:EXK) also started using Versamet to service its $35 million copper stream. Dan Dickson, the CEO, highlighted the company’s improved production base and methodical capital management while stressing operational efficiency and growth momentum. It is one of the Best Silver Mining Stocks.
10. Silvercorp Metals, Inc. (NYSE:SVM)
Number of Hedge Fund Holders: 15
Market Cap as of August 31: $1.06 billion
Silvercorp Metals, Inc. (NYSE:SVM) analyst Joe Reagor of Roth Capital increased the firm’s price target from $6.25 to $6.75 on July 1 and maintained a Buy recommendation on the shares. The analyst tells investors in a research note that the company is upgrading its model on miners after increasing its projected gold pricing. The average gold price per ounce is estimated to be $3,294 for Q2, $3,300 for Q3, and $3,150 for Q4 2025.
Silvercorp Metals, Inc. (NYSE:SVM) is a mineral exploration company that acquires, explores, develops, and mines mineral properties. The company’s producing mines are in China, and it has exploration and development projects in both China and Ecuador. Its portfolio of projects includes the Condor gold project in Ecuador and the El Domo copper-gold project. It also operates many silver-lead-zinc mines in China, including the GC mine in Guangdong Province and the Ying Mining District in Henan Province. The sale of silver concentrates accounts for the majority of the company’s revenue. Its reportable operating areas are the Ying Mining District and GC Mine in China, which generate the most revenue, as well as the El Domo and Condor projects in Ecuador. It is among the Best Silver Mining Stocks.
9. Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)
Number of Hedge Fund Holders: 15
Market Cap as of August 31: $4.86 billion
Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) reported strong second-quarter 2025 results, with EBITDA from direct operations jumping to $130.1 million from $107.2 million in the second quarter of 2024. Net income also went up to $98.2 million from $74.4 million in the previous year. EBITDA was $256.4 million and net income was $245.2 million for the first half of 2025, both of which were significantly higher than the same period the previous year. The business reported a leverage ratio of 0.56x, net debt of $271.7 million, and cash of $588.5 million. The remaining $149 million in 2026 notes issued by Buenaventura were similarly repaid on July 23, 2025.
The operational outcomes were mixed. El Brocal’s restart caused copper production to surge by 28% year over year. However, reduced production at Orcopampa and Tambomayo resulted in a 11% decline in silver output and a 19% drop in gold production. Lead output increased 2% while zinc production shot up by 22%. Buenaventura invested $82.2 million in mining and plant development to move on with its San Gabriel project. Furthermore, Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) started selling Cerro Verde’s copper concentrate, selling 20k WMT in 2Q25 out of the approximately 40k WMT anticipated for the year. It is ranked ninth on our list of the Best Silver Mining Stocks.
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