Mineweb reported that Fortuna Silver Mines Inc. (TSX:FVI,NYSE:FSM) and Tahoe Resources Inc. (TSX:THO,NYSE:TAHO) are Dundee Capital Markets’ top picks in the silver sector.
Mineweb reported that Fortuna Silver Mines Inc. (TSX:FVI,NYSE:FSM) and Tahoe Resources Inc. (TSX:THO,NYSE:TAHO) are Dundee Capital Markets’ top picks in the silver sector. Both have “[l]ow mining costs and clean balance sheets.”
As quoted in the market news:
‘Fortuna, Tahoe and SilverCrest continue to stand out as names that can generate cash in today’s price environment,’ he advised. ‘Coeur remains the highest-cost producer in our coverage universe and should remain so.’
‘Balance sheet strength within our coverage universe continues to show a large spread and we think is a key differentiator in terms of the downside risk associated with the silver producers,’ said O’Keefe. ‘Those in the strongest position continue to be Fortuna Silver and Tahoe Resources.’