We recently published a list of 10 Best Junior Silver Mining Stocks to Buy According to Analysts. In this article, we are going to take a look at where Newmont Corporation (NYSE:NEM) stands against other best junior silver mining stocks to buy according to analysts.
Silver not only plays a key role in the global industry, it is also considered an investment asset. Although gold is considered a top alternative investment, silver is much more significant due to its multifaceted usage. It is used for various purposes, including but not limited to solar panels, and electric vehicles. Silver’s position has strengthened even more in 2025 due to elevated industrial demand, economic uncertainty, and changes in monetary policies.
During the previous year, silver saw a steady increase in its price, going above $30 per ounce for the first time since 2011. Analysts are closely following the key resistance zones that could trigger breakouts looking at $37 and even $40 per ounce in bullish cases, according to Dukascopy. This increase is driven by multiple macroeconomic factors, including inflation, geopolitical instability, and a global financial easing cycle, making silver an attractive asset to hold. With a weakening U.S. dollar and falling interest rates, investors’ interest in non-yielding assets like silver has increased.
Furthermore, silver’s uses in the industry have multiplied, causing its demand to increase. It is projected that silver will reach a record high in 2025, as per the Silver Institute, with a demand of over 700 million ounces by the industry. A major portion of the demand can be attributed to solar panel production, where silver’s high conductivity grants it a unique place in photovoltaic cells. Moreover, the expansion of electric vehicles, artificial intelligence, as well as consumer electronics further solidified the demand for silver.
On the other hand, supply-related concerns are a growing issue. Consecutively, for the fifth year, the silver market is expected to be in deficit despite an expected 2% increase in production, as reported in Global Newswire. Top producers and companies are looking to meet the increasing demand. Further complications arise from worldwide trade tensions. With a new government in the U.S. and its aggressive tariff policies, fears of a new trade war loom. Although this creates risks, it also presents opportunities to those who understand the market dynamics of silver.
Methodology
To compile our list of the 10 Best Junior Silver Mining Stocks to Buy According to Analysts, we selected top junior mining companies with significant exposure to silver exploration and production. We prioritized companies with strong market capitalizations and evaluated hedge fund sentiment to ensure investor confidence in these stocks. To assess hedge fund interest, we looked into the hedge funds holding stakes in these stocks, as of Q4 2024, with data fetched from Insider Monkey’s extensive hedge fund database, which tracks over 1,000 hedge funds. Finally, we ranked the stocks based on their upside potential.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A gold mine entry with a conveyor belt transporting minerals from the depths of a shaft.
Newmont Corporation (NYSE:NEM)
Average Upside Potential: 21.66%
Number of Hedge Fund Holders: 69
Top-tier global mining company, Newmont Corporation (NYSE:NEM) continues to solidify its position with a diverse portfolio encompassing gold, copper, silver, zinc, and lead. With its headquarters in Denver, Colorado, the company has been streamlining its asset base to maximize long-term value creation through operation efficiency and strategic portfolio management.
Newmont Corporation (NYSE:NEM) concluded its fourth quarter, which ended December 31, 2024, by recording an annual production output of 6.8 million ounces of gold and surpassing 150,000 tons of copper. Backed by its significant assets such as Peñasquito in Mexico, Cerro Negro in Argentina, and Brucejack in Canada, silver continues to play a vital role in its operations. The company’s flagship polymetallic mine, Peñasquito, contributes 312.6 million ounces of silver reserves to Newmont’s total silver reserves of 530 million ounces. Peñasquito is anticipated to record growth in production for silver, lead, and zinc due to the upgradation of mining operations at the Chile Colorado pit in 2026, further bolstering the company’s productivity for the years to come.
Newmont Corporation (NYSE:NEM) has liquidated six non-core operations yielding up to $4.3 billion in pre-tax proceeds, strengthening its focus on Tier 1 assets. These steps boosted the company’s balance sheet, allowing it to end 2024 with $3.6 billion in cash and $7.7 billion in total liquidity. Its outstanding financial and strategic position is demonstrated by an increase of 14.78% in its shares, year-to-date. By ensuring lasting sustainability and development across its key mining jurisdictions, Newmont continues to stay committed to disciplined capital allocation.
Newmont Corporation (NYSE:NEM) is forecasted to optimize its gold and silver production while ensuring cost discipline and developing key projects at Peñasquito and Tanami. The company remains a compelling investment in the silver industry due to its improving financial position, strong asset base, and ongoing expansion efforts.
Overall, NEM ranks 5th on our list of best junior silver mining stocks to buy according to analysts. While we acknowledge the potential of NEM as an investment, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NEM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
