In this article, we will look at the 15 Best Precious Metal Stocks to Buy According to Wall Street Analysts.
Precious metal stocks are back on investors’ radar amidst uncertainty. Franklin Templeton says precious metals have often been among the “first asset classes to recover” during “periods of uncertainty,” which helps explain why the group tends to re-enter the conversation whenever macro confidence starts to wobble. That backdrop matters more now because investors are not only looking for a hedge. They are also starting to ask whether the equities behind the metals still look underappreciated.
BlackRock says gold producer shares remain “attractive relative to gold” and to their “historic valuations,” while also staying “positive on the outlook for silver.” That suggests the market may still be giving more credit to the metal than to the companies digging it out of the ground. Schroders makes a similar point from the equity side, saying gold stocks are trading “close to 40-year lows” relative to bullion, “still look inexpensive,” and now have “fortress balance sheets.”
Put together, the case for precious metal stocks is not just about fear or safe-haven demand. It is also about whether stronger balance sheets, healthier margins, and still-reasonable valuations can give the equities room to catch up if gold and silver remain well supported. That brings us to the 15 Best Precious Metal Stocks to Buy According to Wall Street Analysts.
Our Methodology
We used the Finviz screener to identify precious metal stocks that offer notable upside based on analysts’ price targets. We then limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
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).
15. Pan American Silver Corp. (NYSE:PAAS)
On April 22, 2026, Pan American Silver Corp. (NYSE:PAAS) saw Scotiabank raise its price target to $65 from $64 while maintaining an Outperform rating. The firm said it was updating price targets across its gold and precious metals coverage.
Last month, BofA raised its price target on Pan American Silver Corp. (NYSE:PAAS) to $94 from $84 and maintained a Buy rating after the company released an updated preliminary economic assessment for its La Colorada Skarn silver-zinc-lead project. The firm said upfront capex was significantly lower than in the prior assessment while still supporting strong silver production growth.
Earlier in March, Pan American Silver reported new drill results from the southeastern and eastern Candelaria zones at its La Colorada Mine in Zacatecas. Exploration drilling between the Cristina and San Geronimo systems led to the discovery of at least four new veins and associated mineralization with high silver, gold, and base metal grades.
The company said silver assays exceeded 1,000 g/t in 40% of the reported drill holes, with many also containing high gold and base metal grades. Management said the discoveries could expand mineral resources at La Colorada and further support its phased development strategy focused on higher-grade zones.
Pan American Silver Corp. (NYSE:PAAS) operates silver and gold mines across Chile, Peru, Brazil, Mexico, Canada, Argentina, Bolivia, and Guatemala, producing silver, gold, zinc, lead, and copper.
14. Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM)
On April 23, 2026, Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) reported first-quarter production of 263,057 silver ounces, 1,851 gold ounces, and 1.34 million pounds of copper, totaling 568,112 silver-equivalent ounces. CEO David Wolfin said the company entered 2026 with positive momentum, supported by stronger-than-expected mill throughput and elevated silver prices. Management said production is still expected to be weighted toward the second half of 2026 as La Preciosa ramps up, and the company remains on track to meet its annual production forecast.
On April 16, 2026, Avino completed a new mineral reserve estimate and updated mineral resource estimate covering La Preciosa and the Avino Mine, with an effective date of October 31, 2025. The company said proven and probable reserves across its three assets totaled 27 million tonnes containing 95 million ounces of silver, 356,000 ounces of gold, and 85 million pounds of copper, equivalent to 127 million silver-equivalent ounces. Measured and indicated resources totaled 68 million tonnes containing 207 million ounces of silver, 413,000 ounces of gold, and 243 million pounds of copper, or 301 million silver-equivalent ounces. Avino also said total measured and indicated resources rose 9% from its previous estimate after accounting for depletion and exploration drilling.
At La Preciosa, proven and probable reserves totaled 11 million tonnes containing 72 million ounces of silver and 128,000 ounces of gold. At the Avino property, proven and probable reserves totaled 10 million tonnes containing 12 million ounces of silver, 127,000 ounces of gold, and 85 million pounds of copper. The Oxide Tailings property added 6.7 million tonnes of reserves containing 12 million ounces of silver and 102,000 ounces of gold.
Last month, Roth Capital analyst Joe Reagor raised his price target on Avino Silver & Gold Mines Ltd. to $7.50 from $7.25 and maintained a Neutral rating, citing better-than-expected Q4 results and a significantly stronger balance sheet that could support future mill expansion.
Avino Silver & Gold Mines Ltd. (NYSEAMERICAN:ASM) explores and develops silver, gold, copper, and other mineral deposits in Mexico.
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