5 Best Silver Mining Stocks to Buy

2. Endeavour Silver Corp (NYSE:EXK)

Stock Upside Potential: 79.03%

Number of Hedge Fund Holders: 32

Endeavour Silver Corp (NYSE:EXK) is one of the best silver mining stocks to buy. The stock has gained more than 150% over the past 12 months, and it still has more room to run. On April 9, H.C. Wainwright maintained a Buy rating on Endeavour Silver Corp (NYSE:EXK) stock with a price target of $17, which indicates a huge upside potential to the current stock price.

H.C. Wainwright renewed its bullish stance on Endeavour Silver stock following the release of the company’s Q1 2026 production results. Endeavour produced 1.88 million ounces of silver and 11,740 ounces of gold from its various mines in the first three months of 2026. Combined with base metals output, the company’s total production in Q1 stood at 3.3 million silver-equivalent ounces.

Endeavour CEO Dan Dickson noted that the robust production in Q1 lays a solid foundation for the rest of the year. The executive also highlighted steady performance and improved grades at the company’s Terronera in Mexico.

Endeavour demonstrated a judicious sale of its silver and gold. It said it sold slightly over 1.64 million ounces of silver and 10,942 ounces of gold in Q1. When silver and gold prices weakened at the end of Q1, management decided to temporarily hold bullion inventory.

H.C. Wainwright has highlighted Endeavour’s ability to take advantage of favorable commodity prices.

Canada-based Endeavour Silver Corp (NYSE:EXK) is a mid-tier silver producer. The company operates producing mines in Mexico and Peru. The company’s Guanacevi project in Mexico is located in Durango, and it’s a high-grade silver mine. The company is working to expand its business with exploration projects across Mexico, Chile, and the US.