Best Silver Mining Stocks To Buy in November 2021 – How To Buy Silver Mining Stocks

Fact Checked by Gary McFarlane

Although gold tends to get most of the attention, silver has just as many practical uses and can provide many of the same benefits – at a fraction of the cost! Heavily demanded by the industrial sector, whilst also an essential asset in times of inflation, silver tends to be sought after consistently, which is why silver mining companies can often represent excellent investment opportunities.

In this guide, we’ll explore the Best Silver Mining Stocks in detail. We’ll review the top 10 stocks in the market right now and how to decide between them before highlighting where you can buy silver mining stocks today – without paying any commissions!

Table of Contents

How to Buy Silver Mining Stocks – Quick Guide

Are you looking to buy silver mining stocks right now? If so, by following the four quick steps laid out below, you’ll be able to invest in silver mining stocks with our recommended broker, eToro – all in less than ten minutes!

  • Step 1 – Create an eToro Account: Click ‘Join Now’ on eToro’s homepage, enter a valid email address, and choose a username and a password to establish your account.
  • Step 2 – Verify your Account: Upload proof of ID (copy of passport or driver’s license) and proof of address (copy of bank statement or utility bill) to verify your identity.
  • Step 3 – Fund your Account: Deposit a minimum of $50 via credit/debit card, bank transfer, or e-wallet.
  • Step 4 – Buy Silver Mining Stocks: Search for your chosen silver mining company and click ‘Trade’. Enter your position size, double-check everything is correct, and click ‘Open Trade’.

67% of retail investor accounts lose money when trading CFDs with this provider.

10 Best Silver Mining Stocks to Buy – Quick Overview

If you’re looking for the best stocks to buy in the silver mining industry, then look no further! The ten stocks below represent our picks for the best mining stocks in the market right now. The following section will review these stocks individually, ensuring you have an understanding of your investment options.

  1. First Majestic Silver (AG) – Overall Best Silver Mining Stock to Buy – Buy Now
  2. Newmont Corporation (NEM) – Best Silver Mining Stock with Strong Financials – Buy Now
  3. Fortuna Silver Mines (FSM) – Best Silver Mining Stock to Buy at a Low Price – Buy Now
  4. Endeavour Silver Corp (EXK) – Best Silver Mining Stock to Bounce Back in 2022
  5. MAG Silver Corp (MAG) – Best Silver Mining Stock to Hold for Years
  6. iShares Silver Trust (SLV) – Best Silver Mining ETF to Buy
  7. Wheaton Precious Metals (WPM) – Best Silver Mining Stock to Buy with Industry Experience
  8. Pan American Silver Corp (PAAS) – Best Silver Mining Stock to Buy at a Discount
  9. Silvercorp Metals (SVM Best Silver Mining Stock for Diversification
  10. Hecla Mining (HL) – Best Silver Mining Stock to Buy with Large Upside Potential

Best Silver Mining Stocks to Buy in USA

As you can see from the list above, there is a good selection of investment opportunities in the silver mining sector right now, offering up the potential for capital gains and passive income. Let’s explore each of these stocks one by one so that you have all the information you need to make an informed investment decision.

1. First Majestic Silver (AG) – Overall Best Silver Mining Stock to Buy 

Our top pick when it comes to silver mining stocks is First Majestic Silver. First Majestic Silver is a Canadian mining company that has a foothold in North America and Mexico. The company raised its guidance earlier in the year after positive Q2 results, stating that they expected to produce between 13 million and 13.8 million ounces of silver in 2021. Furthermore, gold production is also expected to rise significantly, which is excellent news for the company overall.

first majestic silver price chart

Costs have risen this year for First Majestic Silver, whilst the company has also diversified into gold mining, which was met by some scepticism from shareholders. The company’s stock did peak in February 2021, thanks to the hype from social media sites such as Reddit, although momentum has slowed since then. However, with the price of silver looking likely to creep up and production levels sky-high, now could be a great time to invest in First Majestic Silver whilst it’s trading at a discount!

67% of retail investor accounts lose money when trading CFDs with this provider.

2. Newmont Corporation (NEM) – Best Silver Mining Stock with Strong Financials

If you’re looking to buy stocks in a well-established company, Newmont might be a good investment opportunity. Newmont is the world’s largest gold mining company and is based in Greenwood Village, Colorado. Although Newmont focuses on gold, the company also mines silver and has three mines that produce the precious metal. Newmont’s shares peaked at $75.31 in May 2021, a level that hasn’t been seen since 1987 yet have now slumped slightly.

newmont corporation price chart

We like the look of Newmont as this company is one of the most financially sound on our list. Newmont has a free cash flow of over $2.8bn, with total cash in the bank quoted at $4.7bn. Furthermore, the company is consistently profitable, even though the most recent quarter wasn’t the best in terms of net income. Finally, Newmont even pays a solid dividend of $2.20 per share, equating to a yield of 3.89%. For these reasons, Newmont is comfortably on our list of the top 10 silver mining stocks to buy now.

67% of retail investor accounts lose money when trading CFDs with this provider.

3. Fortuna Silver Mines Inc (FSM) – Best Silver Mining Stock to Buy at a Low Price

Fortuna Silver Mines is a Canada-based company that operates two mines – one in Peru and one in Mexico. Furthermore, Fortuna Silver Mines is also constructing a mine in Argentina to bolster their silver production levels. According to Yahoo Finance, the company has a market cap of $1.12bn and has an EPS figure of $0.28 over the past twelve months.

fortuna silver price chart

Fortuna has fallen over 30% from early November’s highs, thanks to an earnings miss and uncertainty around their operations in San Jose. The company’s permit to operate the mine expired last month, meaning they now have to file for another license. Ultimately, this would be great news if it was accepted – yet there is always the chance that the Mexican government could say no. So, although this stock is a little riskier than some others, there’s undoubtedly lots of upside potential if Fortuna can solve their current issues.

67% of retail investor accounts lose money when trading CFDs with this provider.

4. Endeavour Silver Corp (EXK) – Best Silver Mining Stock to Bounce Back in 2022

Endeavour Silver Corp is one of the smaller companies on our list and operates two mines in Mexico, both of which produce silver and gold. This silver producer makes most of its revenue from silver mining, meaning it is susceptible to the price of silver. As such, although the silver price has been trading sideways for quite some time, this company could be primed to benefit if we see bullish movement in 2022.

EXK price chart

Looking at the company’s financials, Endeavour Silver Corp increased gross profits by 31.5% in Q3 compared to last year. However, rising costs meant that the company did make a slight loss in the most recent earnings period, equating to an EPS of -$0.03. Overall, this stock hasn’t had the best of times in recent months, but the potential for silver prices to increase in 2022 will undoubtedly help them bounce back – and make positive share price gains in the process.

67% of retail investor accounts lose money when trading CFDs with this provider.

5. MAG Silver Corp (MAG) – Best Silver Mining Stock to Hold for Years

Another of the best companies to invest in within the silver mining industry is MAG Silver Corp. MAG Silver Corp is a Canada-based company and has a variety of projects in the Americas. The company is developing its property in the Fresnillo Silver Trend in Mexico, aiming to create a production capacity of 4,000 tonnes per day. As such, MAG Silver Corp will be poised to benefit from commodity price increases in the year ahead.

MAG price chart

MAG Silver has a market cap of $1.72bn, which is admirable considering the company has not yet begun generating revenue. This is because its Juanicipio Project is not yet complete and is slated to be finalised by the end of 2022. Due to the attractiveness of the mine’s location, MAG Silver is expected to overtake many of its peers once it is fully operational, with silver grades at the location far higher than other locations. So, although this would be a long-term play, there’s certainly scope for considerable gains in the future.

67% of retail investor accounts lose money when trading CFDs with this provider.

6. iShares Silver Trust (SLV) – Best Silver Mining ETF to Buy

If you’re looking for the best ETF to invest in for exposure to silver mining companies, then the iShares Silver Trust is a great option. This ETF seeks to track the performance of silver bullion, offering a cost-effective way to gain exposure to price fluctuations. The iShares Silver Trust has a sponsor fee of 0.50%, which essentially acts as the ETF’s expense ratio.

ishares silver trust price chart

In terms of performance, the iShares Silver Trust is currently down 10.78% for the year, although this is mainly due to the flat performance from silver in recent months. Looking at historical returns, this ETF produced a remarkable 46.05% return in 2020 and made over 16% in 2019. Although the ETF doesn’t offer a yield, it is still the ideal option for investors looking to invest in silver quickly and cost-effectively.

67% of retail investor accounts lose money when trading CFDs with this provider.

7. Wheaton Precious Metals (WPM) – Best Silver Mining Stock to Buy with Industry Experience

Wheaton Precious Metals is a silver company that has been around since 2004 and operates a little differently than others. Instead of mining itself, Wheaton Precious Metals enters into agreements with other mining companies to purchase all (or most of) their silver for a pre-determined discount. As such, Wheaton Precious Metals produces enormous amounts of silver sourced by other companies and was recently listed on the LSE.

wheaton precious metals price chart

The company’s share price has been trading sideways for most of this year, with highs immediately followed by lows. However, the price did seem to bounce off of a strong support level in early October, which has prompted some sustained upwards momentum. Furthermore, Wheaton Precious Metals consistently makes a profit, which is impressive in times of rising costs. Overall, this is an outstanding stock to consider if you’re looking for a dependable company with exposure to the price of silver.

67% of retail investor accounts lose money when trading CFDs with this provider.

8. Pan American Silver Corp (PAAS) – Best Silver Mining Stock to Buy at a Discount

Pan American Silver Corp is one of the world’s largest silver producers, owning mines and projects in Mexico, Peru, Bolivia, and Argentina. At present, the company owns six mines and has 27 years of experience working in Latin America. Aside from silver, Pan American Silver Corp also is involved in Zinc, Lead, and Gold productions, bolstering its product portfolio.

PAAS price chart

Pan American Silver Corp increased revenues by 53% in Q3, although rising costs meant that net income figures decreased. However, these costs have been felt across the industry, which has constricted margins for most companies. However, the company is valued at an attractive level, with a price-to-sales ratio of 3.43 over the past twelve months. This hints that the stock is undervalued at present – meaning now could be a great time to add this to your portfolio at a discount!

67% of retail investor accounts lose money when trading CFDs with this provider.

9. Silvercorp Metals (SVM) – Best Silver Mining Stock for Diversification

If you’re looking for a silver company that operates outside of the Americas, then Silvercorp Metals is worth considering. Although Silvercorp is headquartered in Canada, the company produces its silver in China and is the largest silver producer in the country. Silvercorp owns four mines in China and produces vast amounts of silver, zinc, and lead each year.

SVM price chart

Silver prices are currently around $23.8 per ounce, which is the highest price since 2013. Due to this, companies such as Silvercorp benefit immensely, with the company comfortably beating its fiscal Q2 estimates. Silvercorp announced earnings of $0.08 per share, which beat estimates for the first time in four quarters. Thanks to its strong financial position, Silvercorp is one of the best companies to consider if you’re looking to diversify your portfolio geographically.

67% of retail investor accounts lose money when trading CFDs with this provider.

10. Hecla Mining (HL) – Best Silver Mining Stock to Buy with Large Upside Potential

Rounding off our list of the best silver mining stocks is Hecla Mining. Hecla Mining is a precious metals mining company based in Idaho and is the largest primary silver producer in the US. Furthermore, Hecla Mining is also the longest-serving member on the NYSE in terms of silver companies and holds the country’s largest silver reserve. As such, the company has a market cap of $3.1bn and pays a small yield of 0.63%.

hecla mining price chart

We like the look of Hecla Mining from a technical standpoint, as the price is being held up by the 200-day EMA, which is a measure of the long-term trend. Furthermore, the share price bounced off a strong support level in October, which has prompted an upwards push. Finally, the company did reach highs of $9.41 earlier in the year, which is a level that hasn’t been seen since 2011. So, although there has been a pullback from that level in recent months, the technicals seem to be aligning for Hecla Mining to push upwards over the medium to long term.

67% of retail investor accounts lose money when trading CFDs with this provider.

Are USA Silver Mining Stocks a Good Investment? 

So, is it wise to invest in stocks in silver mining companies? The answer will depend on your risk tolerance and investment goals. Much like gold, silver can act as a hedge against inflation rates. As you’ll likely be aware, inflation rates in the US are sky-high right now, reaching 5.4% in September 2021 – their highest level in 13 years. As silver tends to retain its value in times of high inflation, this precious metal is ideal for investors looking to hedge their assets.

Furthermore, silver mining stocks are an excellent investment when the price of silver is high. Silver is currently trading at the same price per ounce as in 2013, although it did reach a high of $30.03 per ounce in February 2021. Since then, silver’s price has dropped by over 20%, with this value decrease being felt by companies throughout the mining industry. Although this has affected share prices, there is scope for silver’s price to increase further in 2022 – which means that you could potentially make some serious gains over the long term if commodity prices turn bullish!

How Do You Find the Best Silver Mining Stocks USA?

Now that you have an idea of what the best silver mining stocks are, let’s turn our attention to deciding between them. When you invest in commodities (or companies that produce commodities), there are several factors to research before placing a trade. With that in mind, here are three of the main areas to consider:

Price of Silver

Understandably, the price of silver is one of the first things that you should consider. Silver mining companies’ revenues are directly tied to the cost of silver. So if silver’s price were to decrease, the companies would make less revenue, assuming production levels remain the same. On the other hand, if silver increases, companies often see tremendous income growth. Overall, understanding the current outlook for silver can ensure you don’t invest in mining companies when commodity prices are bearish.

silver price chart

Balance Sheet

The company’s balance sheet is also important to consider. Due to the cyclical nature of silver companies, it’s essential to have a strong balance sheet to weather any storms that may arise. Things to look out for include a solid level of free cash flow and a high level of cash or cash equivalents, as these liquid assets can ensure that decreases in the price of silver don’t hamper the company in the short term.

Technical Analysis

Finally, much like in forex trading, it’s wise to consider technical factors when choosing a silver mining stock. If you were to invest, you’d ideally want to purchase when the stock price is low, such as after a pullback. Timing these dips is very difficult, although you can employ indicators such as EMAs and RSI to provide insight into where a stock is at. Furthermore, it’s worth looking out for rejections from areas of support, as these tend to be crucial points where the price is likely to turn bullish.

Where to Buy Silver Mining Stocks?

When you decide to buy silver mining stocks, your first course of action should be to determine what stock broker you’re going to use. Due to the popularity of trading, there is an abundance of brokerage options to choose from these days, meaning the decision-making process can be tricky. We’ve listed the top 10 brokers below to streamline this process, ensuring you have a great selection to choose from.

1. eToro – Overall Best Broker to Buy Silver Mining Stocks

etoro review

Our number one broker when it comes to buying silver mining stocks is eToro. eToro has a stellar reputation in the US and is bolstered by regulation from the FCA, ASIC, and CySEC – three of the most respected regulators in the world. Furthermore, as eToro offers commission-free trading on a vast range of assets, this broker is ideal for trading silver mining stocks.

eToro offers real stock trading and stock CFDs, ensuring that traders have tremendous flexibility in the markets. Furthermore, the account opening process is super quick and can be completed in minutes, all from the comfort of your own home. Finally, eToro even has multiple social trading features, including a newsfeed and a ‘CopyTrader’ feature that allows users to copy the trades placed by successful eToro traders automatically!

Pros

  • Heavily regulated
  • Commission-free broker
  • Social trading features
  • Quick account opening
  • Accepts PayPal

Cons

  • Small inactivity fees

68% of retail investor accounts lose money when trading CFDs with this provider.

2. WeBull – Best Broker to Buy Silver Mining Stocks with Strict Regulation

WeBull review

In addition to eToro, we’d also recommend considering WeBull. WeBull has over 11 million users as of 2020, having only launched in 2017. Regulated by the SEC, FINRA, and the SFC, WeBull is one of the safest places to trade silver mining stocks. Furthermore, as WeBull is covered under the SIPC, users are protected up to a total of $500,000!

WeBull offers free stock, ETF, and options trading, with margin rates sitting at 7% per annum. WeBull also provides crypto trading services, with a minimum investment of only $1. In terms of the trading experience, WeBull caters to casual investors and experienced pros alike by offering valuable features such as trading ideas and customisable charts. Finally, deposits are free to make, and WeBull has no minimum deposit threshold.

Pros

  • Highly regulated broker
  • Covered by the SIPC
  • Crypto trading from $1
  • Free stock trading
  • No minimum deposit

Cons

  • Doesn’t accept credit/debit card

Or go to WeBull>

68% of all retail investor accounts lose money when trading CFDs with this provider.

3. Public.com – Best Broker to Buy Silver Mining Stocks for Casual Investors

public.com review

Public.com is one of the newest brokers to enter the market and is well-known for its app and trading features. Public.com offers fractional investing in stocks, meaning you can begin trading from as little as $1. Furthermore, the Public.com community feature allows you to see what other users are investing in – whilst also allowing you to share what your portfolio consists of!

As Public.com is only available on the app, the experience is designed for casual investors looking to trade on the go. Educational features are built into the app’s interface so that beginners can learn whilst they trade. Furthermore, Public.com offers free stock and ETF trading, making it cost-effective to buy silver mining stocks. Finally, Public.com has fantastic customer support, allowing you to contact the team via a chat feature within the app.

Pros

  • Social trading broker
  • Free stock and ETF trading
  • Ideal for casual investors
  • Fractional investing from $1

Cons

  • Only available on the app

Or go to Public.com>

67% of all retail investor accounts lose money when trading CFDs with this provider.

4. TD Ameritrade – Best Broker to Buy Silver Mining Stocks with Fantastic Trading Platform

TD Ameritrade review

TD Ameritrade is a fantastic broker to buy silver mining stocks with, as the platform has partnered with Charles Schwab to bolster its credibility and service offering. The platform is regulated by the SEC, FINRA, and the CFTC and has a stellar track record in the industry. Like many other brokers, TD Ameritrade offers free stock and ETF trading, although margin rates are pretty high, quoted at 9.5% per annum.

The account opening process is fully digital, and there is no minimum deposit threshold. Furthermore, TD Ameritrade stands out due to its popular trading platform, Thinkorswim. This platform has enormous levels of functionality for traders, including advanced charting options and a free $100,000 demo account. You can also trade on the desktop or mobile app if you wish.

Pros

  • Partnered with Charles Schwab
  • Popular Thinkorswim trading platform
  • Free demo account
  • Heavily regulated

Cons

  • High margin rates

Or go to TD Ameritrade>

67% of all retail investor accounts lose money when trading CFDs with this provider.

5. Robinhood – Best Broker to Buy Silver Mining Stocks with Zero Fees

robinhood review

Robinhood is one of the most popular brokers in the US, thanks to its usability and cost-effective fee structure. Regulated by the SEC and FINRA, Robinhood has grown its user base to over 22.5 million thanks to free stock and ETF trading options. Furthermore, Robinhood also offers commission-free cryptocurrency trading, with seven different coins to invest in.

Account opening is super quick and usually takes less than a day to be complete. Users can utilise Robinhood’s ‘Instant Deposit’ feature that will enable your account to be instantly credited, even before your bank has processed your money transfer! Finally, you can even use Robinhood’s Cash Management feature, allowing you to earn 0.3% interest on your uninvested cash and use your money to pay for bills.

Pros

  • Over 22.5 million users
  • Free stock and ETF trading
  • Useful Instant Deposit feature
  • Earn interest on your cash balance

Cons

  • Limited asset selection

Or go to Robinhood>

68% of all retail investor accounts lose money when trading CFDs with this provider.

6. E*TRADE – Best Broker to Buy Silver Mining Stocks with Research Tools

E*Trade review

If you’re looking for one of the best trading platforms with a wide array of research tools, then E*TRADE certainly fits the bill. E*TRADE is a division of Morgan Stanley, having been acquired by the investment bank in 2020. In addition, E*TRADE is regulated by the SEC and FINRA, meaning that the platform is ideal for users looking for high levels of security.

E*TRADE offers free stock and ETF trading, although margin rates are at the higher end of the spectrum, quoted at 9% per year. Research tools are where E*TRADE stands out, as the broker offers an extensive selection of trading ideas and fundamental data sources to boost your trading efficiency. You can even employ customisable charts with E*TRADE, as there are over 30 different indicators to choose from!

Pros

  • An extensive array of research tools
  • Regulated by the SEC and FINRA
  • Free stock and ETF trading
  • Part of Morgan Stanley

Cons

  • High margin rates

Or go to E*TRADE>

68% of all retail investor accounts lose money when trading CFDs with this provider.

7. SoFi – Best Broker to Buy Silver Mining Stocks with Robo-Advisor Features

SoFi review

SoFi is one of the newer brokers on this list, only entering the industry in 2018. However, the platform has grown its user base to over 2.5 million thanks to a range of valuable features. Users can opt for the active trading account or the automated one, with the latter creating a tailored portfolio based on your investment goals and risk appetite.

If you opt for the active trading account, you’ll be able to trade stocks and ETFs free of charge. There are also no non-trading fees and no minimum deposit threshold. Although SoFi only accepts bank transfers, you can receive funds instantly through SoFi’s automatic funding feature. Finally, SoFi’s trading platforms are designed to be user-friendly and accessed on the web or your smartphone.

Pros

  • Active or automated trading
  • No non-trading fees
  • Instant deposit options
  • Free stock and ETF trading

Cons

  • Limited asset selection

Or go to SoFi>

67% of all retail investor accounts lose money when trading CFDs with this provider.

8. Interactive Brokers – Best Broker to Buy Silver Mining Stocks with Low Margin Rates

interactive brokers review

Interactive Brokers is one of the best CFD brokers in the sector, offering a massive range of assets for users to trade. The platform was launched in 1978 and has grown exponentially since then, now regulated by the SEC and the FCA. Interactive Brokers excels in its asset selection, as users can trade stocks, ETFs, bonds, options, funds, futures, and more.

If you open an IBKR Lite account, you can trade US-based stocks and ETFs with zero commissions. Other account types will have a per-trade commission, although the IBKR Pro account will allow you to use margin from as little as 1.6% per annum for USD, which is incredibly low. Interactive Brokers also doesn’t charge any non-trading fees and allows user to fund their accounts with as little (or as much) as they’d like!

Pros

  • Extremely low margin rates
  • Free stock trading on IBKR Lite account
  • Regulated by the SEC and the FCA
  • Huge range of assets

Cons

  • The account opening process is complicated

Or go to Interactive Brokers>

67% of all retail investor accounts lose money when trading CFDs with this provider.

9. Fidelity – Best Broker to Buy Silver Mining Stocks with Decades of Experience

fidelity review

If you’re looking for a broker that has been in the industry for a long time, then Fidelity is a great option. This broker has roots back to 1946 and is regulated by the SEC and FINRA, meaning it has a stellar track record. Users can trade stocks and ETFs completely free of charge – although international stocks will come with a hefty commission per trade.

No non-trading fees are charged, and Fidelity offers many account types, including joint accounts, business accounts, IRAs, and more. Fidelity also accepts 16 different base currencies and allows deposits via bank transfer and PayPal. Finally, Fidelity’s trading platforms are all top-notch, offering two-step authentication and a vast selection of order types to choose from.

Pros

  • Long track record
  • Wide range of account types
  • Accepts 16 base currencies
  • Accepts PayPal deposits

Cons

  • High fees on international stocks

Or go to Fidelity>

67% of all retail investor accounts lose money when trading CFDs with this provider.

10. Zacks Trade – Best Broker to Buy Silver Mining Stocks with Huge Asset Selection

Zacks Trade review

The final entry on our list of the best silver mining stock brokers is Zacks Trade. Zacks Trade is closely tied to Interactive Brokers, as the former uses the latter’s clearing and execution services. Zacks Trade is regulated by the SEC and FINRA and charges $0.01 per share for stocks priced above $1. If the stock is priced at less than $1, the charge will be 1% of your trade size.

Although fees can be pretty high, Zacks Trade offers a vast selection of assets to trade. Users can trade on 78 different stock markets and can also invest in penny stocks. There are also 13,000 ETFs to invest in, along with a huge range of bonds, options, and mutual funds too!

Pros

  • Supports multiple base currencies
  • Regulated by the SEC and FINRA
  • First withdrawal per month is free
  • Various account types

Cons

  • Stock trading is not commission-free

Or go to Zacks Trade>

68% of all retail investor accounts lose money when trading CFDs with this provider.

How to Buy Silver Mining Stocks in the USA

The final section of this guide will focus on the investment process. Once you have decided which broker to go with, it’s time to place your first trade. This can be pretty daunting if you are a beginner, so to smooth this process, the four short steps below will show you how to invest in a silver mining stock with eToro – all without paying a cent in commissions!

Step 1 – Create an eToro Account

Head to eToro’s website and click the  ‘Join Now’ button in the top right corner of the homepage. Enter a valid email address and choose a username and a password to create your account.

etoro sign up

67% of retail investor accounts lose money when trading CFDs with this provider.

Step 2 – Verify your Account

New eToro users must verify themselves before trading to comply with various regulations. To do so, head to your account dashboard and click ‘Complete Profile’. Enter the required personal details for the KYC checks and upload proof of ID (a copy of your passport or driver’s license) and proof of address (a copy of a bank statement or utility bill).

Step 3 – Fund your eToro Account

US-based eToro users can deposit from as little as $50, with no fees attached. In terms of deposit methods, eToro accepts the following:

  • Credit card
  • Debit card
  • Bank transfer
  • PayPal
  • Skrill
  • Neteller

Step 4 – Buy Silver Mining Stocks

Click into the search bar on eToro’s trading platform and type in the name or ticker symbol of the silver mining stock you’d like to trade. Click the ‘Trade’ button, and an order box will appear. In this box, enter your desired position size (minimum of $50), check everything is correct, and click ‘Open Trade’.

buy silver mining stocks etoro

And that’s it! You’ve officially invested one of the best silver mining stocks with eToro – all without paying a cent in commissions!

Best Silver Mining Stocks – Conclusion

In summary, this guide has explored the best silver mining stocks on the market right now, touching on their financials and their outlook for the future. Silver mining stocks can be a great addition to your portfolio, especially if you are happy with the risk. Overall, if silver prices were to ramp up in 2022, then these stocks will likely see significant price gains – meaning now could be a great time to get involved!

If you’d like to buy silver mining stocks today, we’d recommend using eToro. eToro allows users to trade silver stocks free of charge and from as little as $50 per position. Moreover, eToro is heavily regulated by numerous top entities, ensuring you’re as safe as possible when trading.

Best Broker to Buy Silver Mining Stocks – eToro

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About Connor Brooke PRO INVESTOR

Connor is a Scottish financial expert, specialising in wealth management and equity investing. Based in Glasgow, Connor writes full-time for a wide selection of financial websites, whilst also providing startup consulting to small businesses. Holding a Bachelor’s degree in Finance, and a Master’s degree in Investment Fund Management, Connor has extensive knowledge in the investing space, and has also written two theses on mutual funds and the UK market.