Best Junior Silver Stocks of 2018 on the TSXV

- October 11th, 2018

Which TSXV-listed junior silver stocks are the top performers so far this year? We’ve compiled a list to guide investors.

Like its counterpart gold, silver has seen rocky price action throughout 2018.

However, despite those struggles, some silver companies are still managing to make progress and expand the resource potential of their assets. Now that Q3 is over, the Investing News Network has rounded up the best junior silver stocks on the TSXV by share price performance so far this year.

All year-to-date and share price information was obtained on October 11 from TradingView. All companies listed had market caps above C$3 million at that time.

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1. Kingsmen Resources (TSXV:KNG)

Year-to-date gain: 118.18 percent; current share price: C$0.24

An exploration and mining development company, Kingsmen Resources is primarily focused on its sole asset, the La Trini silver deposit located in the Jalisco Silver Belt of Mexico. The wholly owned resource contains 7.09 million troy ounces of silver across the indicated and inferred categories.

Kingsmen had a very quiet third quarter, with much of its news being related to housekeeping, such as filing interim financial statements and certifications of those filings.

2. SilverCrest Metals (TSXV:SIL,NYSEAMERICAN:SILV)

Year-to-date gain: 88.27 percent; current share price: C$3.37

Headquartered in Vancouver, SilverCrest Metals focuses on discovery, acquisition and production at Mexico’s metal districts. The company has three main assets: Las Chispas, Huasabas and Cruz de Mayo. These assets accompany SilverCrest’s two additional properties, Silver Angel and Estacion Llano, which the company has no current plans for.

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SilverCrest was active in the third quarter, making several expansions to its properties and also listing on the NYSEAMERICAN. In mid-September, the company announced it had expanded the inferred resource for Las Chispas to 4.3 million tonnes at 3.68 grams per tonne (g/t) gold and 347 g/t silver. The company’s share price grew 3.57 percent the day after the announcement.

3. Minaurum Gold (TSXV:MGG)

Year-to-date gain: 68.63 percent; current share price: C$0.43

A regional explorer with a focus on developing high-grade gold and silver projects throughout Mexico, Minaurum Gold currently has five ongoing projects. Under its belt are the Alamos and Adelita projects in Southern Sonora State, the Santa Marta and Aurena projects in the Oaxaca-Chiapas Region and the Vuelcos del Destino project in the Guerrero Gold Belt.

While the company typically has a heavier focus on gold, Minaurum’s third quarter saw its Alamos silver asset get some attention. In late August, the company was able to expand the project to 16,134 hectares and discovered three new veins. A short time later in early September, the company began a drill program at the project; it is focused on seven untested vein targets.

Don’t forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Olivia Da Silva, hold no direct investment interest in any company mentioned in this article.

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5 responses to “Best Junior Silver Stocks of 2018 on the TSXV

  1. Please correct your latest list! TSXV stock Arizona Silver Exploration, Inc. appreciated 47% during the period Jan.1, 2017 to April 13, 2017, significantly better than Avino Silver & Gold’s 30 1/2%.

    1. Hi Chris,
      Thanks for pointing that out! We used this Globe and Mail tool to get the data used in the article, and Arizona Silver Exploration did not show up:
      http://www.globeinvestor.com/v5/content/filters.html
      We looked at companies with market caps above $5 million, so maybe that is part of the issue. In any case, we’ve now added a note to the article about Arizona Silver Exploration’s performance.
      Charlotte

  2. Please correct your latest list! TSXV stock Arizona Silver Exploration, Inc. appreciated 47% during the period Jan.1, 2017 to April 13, 2017, significantly better than Avino Silver & Gold’s 30 1/2%.

    1. Hi Chris,

      Thanks for pointing that out! We used this Globe and Mail tool to get the data used in the article, and Arizona Silver Exploration did not show up:

      http://www.globeinvestor.com/v5/content/filters.html

      We looked at companies with market caps above $5 million, so maybe that is part of the issue. In any case, we’ve now added a note to the article about Arizona Silver Exploration’s performance.

      Charlotte

  3. I think you may want to review Bayhorse Silver as they are literally transitioning from explorer to a producer and will be cash flow positive, possibly in 2018. Should be major news.

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