Bet_Noire/iStock via Getty Images Silver has crossed $80, and for the miners, the implications are significant. The metal's ascent, driven by a combination of industrial demand from solar panels and electric vehicles, safe-haven buying, and a weakening U.S. dollar, is translating into outsized leverage for silver producers. Below is a list of the top holdings from the Global X Silver Miners ETF, a...
Bet_Noire/iStock via Getty Images Silver has crossed $80, and for the miners, the implications are significant. The metal's ascent, driven by a combination of industrial demand from solar panels and electric vehicles, safe-haven buying, and a weakening U.S. dollar, is translating into outsized leverage for silver producers. Below is a list of the top holdings from the Global X Silver Miners ETF, arranged by their year-to-date performance. The list includes stocks from the silver mining sector and provides market capitalization data along with Quant ratings as screening criteria. The list is topped by SSR Mining Inc. ( SSRM ), with a YTD performance of 48.81%. First Majestic Silver Corp. ( AG ) and Compañía de Minas Buenaventura S.A.A. ( BVN ) follow with strong performances of 27.13% and 22.35%, respectively. Wheaton Precious Metals Corp. ( WPM ) and Pan American Silver Corp. ( PAAS ) are also among the significant holdings, with YTD gains of 14.51% and 9.23%. The list extends to stocks with lower or negative YTD performance, including Industrias Peñoles, S.A.B. de C.V. ( IPOAF ) at -3.51% and Hecla Mining Company ( HL ) at -5.42%. Here is the list: SSR Mining Inc. ( SSRM ), YTD perf: 48.81%, Quant Rating: Hold 3.36 First Majestic Silver Corp. ( AG ), YTD perf: 27.13%, Quant Rating: Hold 3.46 Compañía de Minas Buenaventura S.A.A. ( BVN ), YTD perf: 22.35%, Quant Rating: Buy 4.49 Wheaton Precious Metals Corp. ( WPM ), YTD perf: 14.51%, Quant Rating: Hold 3.38 Pan American Silver Corp. ( PAAS ), YTD perf: 9.23%, Quant Rating: Strong Buy 4.58 Fresnillo plc ( FNLPF ), YTD perf: 5.56%, Quant Rating: Not Covered Coeur Mining, Inc. ( CDE ), YTD perf: 5.16%, Quant Rating: Buy 4.12 Industrias Peñoles, S.A.B. de C.V. ( IPOAF ), YTD perf: -3.51%, Quant Rating: Not Covered Hecla Mining Company ( HL ), YTD perf: -5.42%, Quant Rating: Hold 3.16 Silver and Silver Mining ETFs : ( SLV ), ( SIVR ), ( AGQ ), ( ZSL ), ( PSLV ), ( SIL ), ( SILJ ), and ( SLVP ) More on iShares Silver Tru...