5 Best Performing Silver Stocks So Far in 2026

3. New Pacific Metals Corp. (NYSEAMERICAN:NEWP)

Year-to-date return as of May 21: 41.98%

On May 18, Roth Capital raised its price target on New Pacific Metals Corp. (NYSEAMERICAN:NEWP) to $7.25 from $6. The firm retained a “Buy” rating while adjusting its model for higher silver prices and calling recent earnings “uneventful.” The firm views the company’s asset portfolio as undervalued.

On May 13, New Pacific Metals Corp. (NYSEAMERICAN:NEWP) reported a net loss of $0.87 million for the quarter and $3.20 million for the nine months ended March 31, while holding $39.28 million in working capital. Expenses edged higher, with operating costs at $1.58 million for the quarter. Investment income and foreign exchange gains contributed $0.29 million and $0.44 million, respectively.

The company said it signed a cooperation agreement with the Carangas community on February 23 to proceed with its silver-gold project while continuing to fund development across Silver Sand, Carangas, and Silverstrike.

New Pacific Metals Corp. (NYSE:NEWP) is a Canadian mining issuer that explores and develops precious metal deposits in Bolivia. It works through the Corporate, Silver Sand, Carangas, and Silverstrike segments.