10 Best Junior Silver Mining Stocks to Buy According to Analysts

2. Coeur Mining, Inc. (NYSE:CDE)

Average Upside Potential: 64.90%

Number of Hedge Fund Holders: 37

Coeur Mining, Inc. (NYSE:CDE) produces precious metals with its operations in the U.S., Canada and Mexico. The company is involved in the exploration of gold, silver, zinc, and lead, selling its concentrates through third-party agreements. The company, founded in 1928 and headquartered in Chicago, Illinois, is looking to strategically expand its silver portfolio to strengthen its position in the market.

Coeur Mining, Inc. (NYSE:CDE) reported a free cash flow of $85 million in 2024 and a decrease of $80 million in its debt. Adjusted EBITDA more than doubled to $339 million, adding to its financial strength. The company expects to break records in 2025 with production targets of silver at 18 million ounces, and gold at 400,000, which is a 62% and 20% increase in its growth, respectively. Moreover, the Rochester expansion played a key role in increasing its silver production by 34% and its gold production by 63% in Q4 2024. Now that the expansion is fully realized, Coeur Mining, Inc. (NYSE:CDE) is expecting a 75% year-on-year increase in its silver production reaching somewhere between 7 and 8.3 million ounces.

Coeur’s major Mexican mine, Palmarejo, continues to perform strongly with free cash flow generation of $108 million, which is a seven-year high. The mine’s life has been extended due to a 75% increase in inferred resources. The company also expects stable production from Kensington and Wharf, adding to the overall stability in output. Its recent acquisition of SilverCrest Metals has enhanced the company’s silver portfolio, adding the high-grade Las Chispas asset to its portfolio. The company looks to benefit from this acquisition as it enhances overall reserve grade, positioning it to benefit from rising silver prices.

Moreover, Coeur Mining, Inc. (NYSE:CDE) is also looking to expand its Silvertip project, situated in British Columbia, completing a $12 million exploration project in 2024. Coeur’s position is strengthened as a future high-quality producer, with its drilling results doubling the strike length of the Southern Silver Zone, and identifying three new large targets. The company is in a strong position for 2025 with increasing silver production, strategic assets, and exploration success. Analysts have projected a 64.90% upside for the stock, making this stock a top choice.