BMO Positive on Some Silver Stocks Despite Price Outlook

BMO Positive on Some Silver Stocks Despite Price Outlook

BMO Capital Markets doesn't have high expectations for the silver price in 2015. However, the firm sees some companies, including emerging producers Bear Creek Mining, MAG Silver and Silver Standard, performing well.

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Endeavour Silver: CEO Brad Cooke Says, “Be Patient”

Brad Cooke, founder and CEO of Mexico-focused silver and gold miner Endeavour Silver, told Silver Investing News, "if anybody's afraid of the current downdraft in the metal prices, just be patient."

Swissmetal: Next Few Years to Bring Silver Price Rise

Discussing silver, Knut Anderson, general manager of Swissmetal, said, "I think the prices will go up. I think by the end of this year we’re probably going to see $20 to low $20s. I think by next year maybe high $20s, low $30s."

Market News

Silver Sinks Following Drop in US Jobless Claims reported that silver dropped further on Friday after experiencing its worst trading day since 2013. Investors are concerned about the impending rise in US interest rates.

Silver Steady at $17.86 per Ounce

Though other precious metals were up Tuesday on the back of a lower equities and poorer performance from the US dollar, silver was unchanged at $17.86 per ounce.

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