5 Best Junior Silver Mining Stocks

In this article, we will take a look at the 5 best junior silver mining stocks. If you want to read our industry introduction, then head over to the 10 Best Junior Silver Mining Stocks.

5. Coeur Mining, Inc. (NYSE:CDE)

Number of Hedge Fund Holders: 14

Coeur Mining, Inc. (NYSE:CDE) is a Chicago, Illinois-based mining company that has the distinction of being the ninth biggest producer of silver in the world. The operations of the company are spread across five mines, out of which four are wholly owned. The company has a headcount of around 2,000 employees.

To boost its liquidity position, Coeur Mining, Inc. (NYSE:CDE) sold its mining operations in Nevada to AngloGold Ashanti for $150 million. The mine is said to hold 914,000 ounces of gold. However, in case AngloGold Ashanti can find mineral resources of more than 3.5 million ounces, they would have to pay an additional $50 million to Coeur Mining, Inc. (NYSE:CDE). The divestment is expected to unlock greater value for Coeur Mining, Inc.’s (NYSE:CDE) shareholders.

D E Shaw was the leading hedge fund investor in Coeur Mining, Inc. (NYSE:CDE) during Q2 2022.