What Experts Predict For The New Silver Bull Market

As such, any silver company is positioned to benefit from a rise in silver price. Kranzler's case-in-point is Southern Silver Exploration Corp. (SSVFF), which he believes is "significantly undervalued relative to the size of its silver reserve. It will be a big winner." Southern Silver Exploration is a Canada-based explorer with two major projects, one in New Mexico and the other in the Mexican state of Durango.

Southern Silver has also captured the attention of Vicarage Capital, which noted in a June report that the company has "an experienced board of directors and strong management team with a good track record in project exploration, discovery and development."

In the wake of Great Panther Silver Ltd.'s (GPL) Q2/16 production results, Heiko Ihle of Rodman & Renshaw released a report that outlined the reasons behind a target price increase to $2.25/share, among them a "fully stocked" treasury following a recent bought-deal equity financing, stable production at San Ignacio and the company's focus on maintaining "low operating costs across its existing asset base while continuing to evaluate strategic external growth opportunities." Ihle noted that Rodman & Renshaw has not increased its "silver price deck from $17.50. . .any such changes should benefit companies with meaningful silver production such as Great Panther."

Raymond James resumed coverage of MAG Silver Corp. (MVG) as of July 11. "We view the Juanicipio project (MAG: 44%) as, without doubt, the best undeveloped silver asset globally. Our thesis for MAG is reinforced, quite simply, by the exploration upside offered at Juanicipio and elsewhere (Cinco de Mayo) and a lack of broader high-quality silver-focused investible opportunities," analyst Chris Thompson noted in the report. "We see MAG trading at a developer discount to producers, and [primed] to rerate catalyzed by development progress and/or exploration success.” Raymond James also included MAG on its list of preferred silver equities in its July 21 Q2/16 Precious Metals Preview.

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