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Silver Miners Enter Parabolic Phase as Analysts Eye $40 Breakout

Newswire.ca - Press Release

All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here

Issued on behalf of Magma Silver Corp.

USA News Group News Commentary

VANCOUVER, BC, Aug. 20, 2025 /CNW/ -- Silver miners are early in a parabolic move higher as the precious metal pushes toward what analysts describe as a decisive $40 breakout. Industrial demand is creating momentum for the white metal, with fabrication volumes forecast to surpass 700 million ounces for the first time ever in 2025. Market technicians note that silver has cleared key resistance levels while establishing bullish momentum patterns, positioning several miners for potential outperformance, including Magma Silver Corp. (TSXV:MGMA.VN) (OTC-BB:MAGMF), Argenta Silver Corp. (TSXV:AGAG.VN) (OTC-BB:AGAGF), Endeavour Silver Corp. (NYSE:EXK) (TSX:EDR.TO), Silvercorp Metals Inc. (NYSE-American:SVM) (TSX:SVM.TO), and McEwen Inc. (NYSE:MUX) (TSX:MUX.TO).

Read more at newswire.ca

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Related Symbols

Symbol Last Chg %Chg
MUX 19.35 +0.48 +2.54%
Mcewen Inc
MUX.TO 26.72 +0.65 +2.49%
Mcewen Mining Inc
C 114.86 +2.03 +1.80%
Citigroup Inc
BAC 55.27 +1.01 +1.86%
Bank of America Corp
EDR.TO 13.18 +0.47 +3.70%
Endeavour Silver Corp
MAGMF 0.1920 +0.0117 +6.49%
Magma Silver Corp
AGAG.VN 0.640 +0.020 +3.23%
Argenta Silver Corp
EXK 9.52 +0.30 +3.25%
Endeavour Silver Corp
MGMA.VN 0.255 +0.010 +4.08%
Magma Silver Corp
SVM 8.65 +0.19 +2.25%
Silvercorp Metals Inc
SVM.TO 12.00 +0.33 +2.83%
Silvercorp Metals Inc
AGAGF 0.4750 +0.0226 +5.00%
Argenta Silver Corp

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