Silver Producers and Their Stocks | Buying Silver Stocks 2024

Описание: The current demand and deficit in the silver market, highlighting silver's significance in the solar industry and electric vehicles. MAG Silver, a new large producer, is expected to contribute significantly to global silver production. The company recently declared commercial production and is set to reach full capacity in 2024. With no debt, over $50 million in cash, and positive growth indicators, MAG Silver is considered undervalued. Discovery Silver is also mentioned as a potential opportunity, developing the world's largest silver project, Cordero, with a projected annual production of 33 million ounces. The permitting process has begun, and a feasibility study is expected in the first half of 2024. Both MAG Silver and Discovery Silver are viewed as quality investment opportunities in a market with potential for low-priced acquisitions.
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