Silver mining companies explore, develop, and produce silver. Many silver companies also mine for gold, palladium, lead, and zinc, and they own and operate their own mines and are directly involved in production. By contrast, streaming companies, as they are called, buy silver from producers to profit from price appreciation.

These are the 10 biggest silver mining companies by 12-month trailing (TTM) revenue. Some companies outside the U.S. report profits semiannually instead of quarterly, so the 12-month🎐 trailing data may be older than it is for co🌸mpanies that report quarterly.

This list is limited to companies that are publicly traded in the U.S. or Canada, either directly or through American Depositary Receipts (ADRs). Data is courtesy of TradingView. All figures are as of Aug. 15, 202🧜4.

Silver is a precious metal, as it's regarded as rare and carries a high economic value. It can be found in jewelry, coins, and also in electronics because it has the highest electrical conductivity of any metal. Like other precious metals, silver is often purchased by investors as a safe haven in times of economic turmoil.

Silver is primarily extracted as a byproduct of gold, copper, lead, and zinc mining, with only about 30% coming from primary silver mines. The industry is characterized by a mix of large multinational corporations and smaller, specialized mining companies operating in key producing countries such as Mexico, Peru, China, and Australia.

Market developments in the silver mining sector are heavily influenced by global economic conditio🐓ns, industrial demand, and Wall St. trends. Silver prices can be volatile, affected by economic uncertainty, inflation expecꦅtations, and technological advances in key industries.

The industry faces ongoing challenges, including increasing production costs, environmental regulations, and the need for sustainable mining practices. However, the growing demand for silver in renewable energy technologies, particularly in solar panels, presents new prospects for growth in the sector.

#1 Industrias Penoles SAB de CV (IPOAF)

• Revenue (TTM): $6.01 billion
• Net Income (TTM): $104.66 million
• 澳洲幸运5开奖号码历史查询:Market Cap: $5.22 billion
• 1-Year Trailing 澳洲幸运5开奖号码历史查询:Total Return: -2.87%
• Exchange: OTC

Industrias Penoles is a Mexico-b🌄as🎀ed mining company that engages in the exploration, extraction, refining, and sale of nonferrous metals. It produces refined silver, metallic bismuth, sodium sulfate, gold, lead, and zinc. The company operates through the following business segments: Precious Metals, Base Metals, Metallurgical, and Others.

#2 Polymetal International PLC (POYYF)

• Revenue (TTM): $2.66 billion
• Net Income (TTM): $164.00 million
• Market Cap: $1.46 billion
• 1-Year Trailing 澳洲幸运5开奖号码历史查询:Total Return: N/A
• Exchange: OTC

Polymetal International engages in the exploration and mining of gold, silver, and copper. The company's mining projects explore and develop precious metals through five geographical segments: Magadan, Ural, Khabarovsk, Yakutia, and Kazakhstan.

澳洲幸运5开奖号码历史查询:#3 Fresnillo PLC (FNLPF)

• Revenue (TTM): $2.71 billion
• Net Income (TTM): $233.90 million
• Market Cap: $5.16 billion
• 1-Year Trailing Total Return: 6.49%
• Exchange: OTC

Fresnillo is a Mexico-based holding 🔥♏company engaged in the exploration and mining of nonferrous metals, including silver, gold, lead, and zinc. The company operates mines in the Mexican states of Zacatecas, Durango, and Sonora, and on the border of Chihuahua/Durango. Fresnillo also owns subsidiaries in South and North America.

澳洲幸运5开奖号码历史查询:#4 Pan American Silver Corp. (PAAS)

• Revenue (TTM): $2.52 billion
• Net Income (TTM): $-150.53 million
• Market Cap: $8.55 billion
• 1-Year Trailing Total Return: 45.05%
• Exchange: New York Stock Exchange

Pan American Silver is a Canada-based primary silver producer that's engaged in the exploration, development, extraction, processing, refining, and reclamation of mineral properties. The company owns and operates silver mines in Peru, Mexico, Argentina, and Bolivia, and has several development projects in the U.S., Mexico, Peru, and Argentina.

澳洲幸运5开奖号码历史查询:#5 Wheaton Precious Metals Corp🐠. 🌺(WPM)

• Revenue (TTM): $1.13 billion
• Net Income (TTM): $571.16 million
• Market Cap: $26.19 billion
• 1-Year Trailing Total Return: 39.84%
• Exchange: New York Stock Exchange

Wheaton Precious Metals is a Canada-based precious metal streaming company engaged in the sale of gold, silver, palladium, and cobalt. The company purchases precious metals produced from mines that it does not own or operat🦩e.

澳洲幸运5开奖号码历史查询:#6 Fortuna Mining Corp. (FSM)

• Revenue (TTM): $993.29 million
• Net Income (TTM): 2.03 million
• Market Cap: $1.39 billion
• 1-Year Trailing Total Return: 52.90%
• Exchange: New York Stock Exchange

Fortuna is a Canada-based company engaged in the exploration, extraction, and processing of precious and base metals. The company's activities are focused on Latin America. Its assets include the Caylloma silver mine in southern Peru, the San Jose silver and gold mine in Mexico, and the Lindero gold project in Argentina.

澳洲幸运5开奖号码历史查询:#7 🍌Buenaventura Mining Co. Inc. (BVN)

• Revenue (TTM): $989.00 million
• Net Income (TTM): $94.34 million
• Market Cap: $3.69 billion
• 1-Year Trailing Total Return: 83.80%
• Exchange: New York Stock Exchange

Buenaventura Mining is a Peru-based company engaged in the exploration and d🃏evelopment of mineral properties. It produces gold, silver, zinc, and other metals. The company also owns an electric power transmission company, a hydroelectric plant, a processing plant, and an engineering services consulting company. It has non-controlling interests in other mining companies.

澳洲幸运5开奖号码历史查询:#8 Coeur Mining Inc. (CDE)

• Revenue (TTM): $891.76 million
• Net Income (TTM): -$74.31 million
• Market Cap: $2.30 billion
• 1-Year Trailing Total Return: 148.49%
• Exchange: New York Stock Exchange

Coeur Mining engages in the exploration, development, and operation of silver and gold mining properties. The company owns mines throughout North and South America.

澳洲幸运5开奖号码历史查询:#9 Hecla Mining Co. (HL)

• Revenue (TTM): $777.78 million
• Net Income (TTM): -$43.79 million
• Market Cap: $3.40 billion
• 1-Year Trailing Total Return: 10.81%
• Exchange: New York Stock Exchange

Hecla Mining engages in the exploration, development, and production of silver, gold, lead, and zinc. It produces lead, zinc, and bulk concentrates for custom smelters and brokers. HL develops unrefined precipitates and bullion bars containing gold and silver for traders. The company operates throughout North America.

澳洲幸运5开奖号码历史查询:#10 Royal Gold Inc. (RGLD)

• Revenue (TTM): $607.22 million
• Net Income (TTM): 240.49 million
• Market Cap: $8.74 billion
• 1-Year Trailing Total Return: 22.01%
• Exchange: Nasdaq

Royal Gold is a Denver, Colorado-headquartered precious metals streaming and royalty company. It acquires stream and royalty interests and finances projects that are in the production, development, or exploration stage in exchange for stream or royalty interests, which primarily consist of gold, silver, copper, nickel, zinc, lead, and other metals. Royal Gold's stream and royalty interests are located worldwide, including in Australia, Botswana, Canada, Chile, the Dominican Republic, Mexico, and the U.S.

The Bottom Line

Silver mining companies are involved in extracting and producing silver, an important𝕴 precious metal that’s known for its electrical conductivity and used in a variety of applications. Many of these miners also mine other materials as well, including gold, lead, and zinc.

The biggest silver mining company by revenue by ඣquite someꦦ margin is Mexican giant Industrias Penoles. The other two stocks topping this list also hail from overseas and trade OTC. The rest trade on either the New York Stock Exchange or Nasdaq.