Wall Street Mav
Wall Street Mav|Dec 24, 2025 00:49
Silver reached just under $72 per oz today, another new all time high. Silver started 2025 at $29 per oz. Up over 140% year to date. The silver mining companies are have a lot of room to catch up with this move. The cost of production for most is around $20 to $25 per oz. Meaning these companies have huge gross margin profits right now. My personal favorite is Aya Gold & Silver Ticker AYASF (or in Canada AYA.TO) which mines silver in Morocco. They have massive reserves and are expanding production. I have owned it for several years. I visited their facilities a few years ago, great trip. One of their mines was initially mined by the Romans 2,000 years ago. Now with advanced tech, Aya can go much deeper than the Romans ever could. Most other producers of silver produce it as a biproduct of copper or zinc production, so silver is a tiny percentage of their revenue. Aya is one of the few mining companies that is a primary silver miner. Most of their revenue is from silver mining.(Wall Street Mav)
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