Thursday , 21 November 2024

4 Silver Penny Stocks That Should Continue To Shine (+2K Views)

Silver’s performance since April 1, 2016, has more than doubled that of gold. That being said, the silver names on our list today should continue to shine as all have undertaken significant debt, using that as leverage to enhance production initiatives and sell more silver at these elevated prices.

The comments above and below are excerpts from an article from SmallCapPower.com which has been edited ([ ]) and abridged (…) to provide a faster and easier read.

SciVacSantacruz Silver Mining Ltd. (CVE:SCZ) – $0.48
Non-Gold Precious Metals & Minerals

Santacruz Silver Mining Ltd. is a Canada-based company that is engaged in the operation, acquisition, exploration and development of mineral properties in Mexico, with a primary focus on silver and zinc, including gold and lead. Its segments include Rosario Mine; Veta Grande Mine; Exploration and evaluation properties, and Corporate and other. The Company focuses on a producing property, the Rosario Mine, and a development stage property, the Veta Grande Mine. In addition, it holds approximately four exploration properties in its mineral property portfolio, the San Felipe Project, the Gavilanes Project, the El Gachi Property, and the Minillas Property.

  • Market Cap:54,411,831
  • Revenues: 15,443,357
  • Operating Income: -30,417,312
  • Total Debt to Equity: 55%

SciVacSilver Standard Resources Inc. (TSE:SSO) – $17.43
Non-Gold Precious Metals & Minerals

Silver Standard Resources Inc. is a resource company engaged in the operation, acquisition, exploration and development of precious metal resource properties located in the Americas. The Company operates through three segments: Pirquitas mine, Marigold mine, and Exploration and evaluation properties. It has over two producing mines and a portfolio of silver resource dominant projects located throughout the Americas.

  • Market Cap: 1,400,951,648
  • Revenues:479,820,697
  • Operating Income:-106,811,731
  • Total Debt to Equity: 42%

SciVacEndeavour Silver Corp. (TSE:EDR) – $5.29
Non-Gold Precious Metals & Minerals

Endeavour Silver Corp. is a mineral company engaged in the evaluation, acquisition, exploration, development and exploitation of metal properties in Mexico and Chile. The Company’s operating mining segments include Guanacevi, Bolanitos and El Cubo, which are located in Mexico, as well as Exploration and Corporate segments.

  • Market Cap: 215,285,203.21
  • Revenues: 228,628,559
  • Operating Income: -192,841,188
  • Total Debt to Equity: 26%

SciVacAmericas Silver Corp. (TSE:USA) – $0.42
Non-Gold Precious Metals & Minerals

Americas Silver Corporation is engaged in producing silver with assets in Americas. The Company is engaged in the acquisition, exploration, development and exploration of mineral resource properties in Mexico and the United States. It has operations in silver camps, such as Cosala Operations in Sinaloa, Mexico and the Galena Complex in Idaho, the United States.

  • Market Cap: 114,570,744.63
  • Revenues: 71,349,859
  • Operating Income: -20,869,090
  • Total Debt to Equity: 11%

Disclosure: The above article has been edited ([ ]) and abridged (…) by the editorial team at munKNEE.com (Your Key to Making Money!) to provide a fast and easy read.
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