Silver hit a 3-month high last week, but there is still plenty room for gains on the way to the conservative upside target above $21 level.
Last week I analyzed the top gold stocks, and I thought it would be interesting to look at the silver stocks to see if there are good opportunities amid Silver's growth. My previous update on the top silver stocks ranked by P/E was posted in July. This time I will use ROE (return on equity) as a selection criterion.
Table 1. Top Silver Stocks By Return-On-Equity (ROE)
Image courtesy of finviz.com
Top 3 silver stocks by ROE are SSR Mining Inc. (SSRM) (former ticker SSRI), Coeur Mining, Inc. (CDE) and Pan American Silver Corp. (PAAS) .
The leading silver stocks show pale performance compared to the top gold stocks, which have a ROE range between 10% and 30% while only one of the silver stock’s reading is above the 10% threshold. But the ROE above 8.5% is still an outstanding performance overall. Continue reading "These Stocks Could Offer A Bargain As Silver Soars"