A lot of mining stocks

    AEM 2026

    Posted by blayden on 13th of Feb 2026 at 10:39 am

    A lot of mining stocks in 2025 went up 100%+, but investing more in well run mining stocks in 2026 is the place to be in my opinion (the S&P is gasping).  Relative to the metals they are STILL cheap.  using silver as an example, the average price for 3Q was ~$35/oz.  4Q was ~$55/oz.  Companies that are reporting this week and next are getting 65-70% more for the commodity which is largely dropping to the bottom line.  We are likely looking at average prices for 1Q 2026 around $85/oz ($88-90/oz is already locked in), another 55-60% increase.  We will see stellar earnings and cash flow, and probably quite a few re-rates as the general investor possibly catches on at some point.  

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