15 Best Performing Silver Stocks to Buy

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1. Hecla Mining Company (NYSE:HL)

1 year return: 472.6%

Number of Hedge Fund Holders: 25

Hecla Mining Company (NYSE:HL) is among the Best Performing Stocks.

Hecla Mining Company (NYSE:HL) announced on December 1, 2025, that the Polaris Exploration Project in Nevada’s Aurora Mining District has received a Finding of No Significant Impact and Decision Notice from the U.S. Forest Service. It permits exploration to commence in 2026. Following an environmental study by the Bridgeport Ranger District, approval was granted on November 20, 2025. In the past, the Aurora district produced 20 million ounces of silver and 1.9 million ounces of gold, with an average of 2.24 ounces of gold per ton from underground grades. Several high-grade epithermal vein systems, including deeper targets Brawley Peak, Sawtooth Ridge, and Polaris, as well as near-surface targets Martinez, Juniata, and Ann, will be tested in the 2026 program. The site has substantial private land and a 600-ton-per-day mill.

Hecla Mining Company (NYSE:HL) reported last quarter revenue of $409.5 million, $100.6 million in net income, and $195.7 million in EBITDA for the previous quarter. The total cash flow from operations was $148 million, with free cash flow of $90.1 million. Net leverage fell to 0.3x, with $133.9 million in cash.

Hecla Mining Company (NYSE:HL) mines and explores silver, gold, zinc, and other metals.

While we acknowledge the potential of HL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HL and that has 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. 15 Best Performing Silver Stocks to Buy is originally published on Insider Monkey. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

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