Silver ETFs Just Crashed Gold's Party— And Took The Cake
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 14 2025
0mins
Source: Benzinga
Silver ETF Surge: As silver prices hit a 14-year high, investors are increasingly turning to silver ETFs, with over 2,570 tons added since February, tightening the physical silver market and driving borrowing rates up significantly.
Driving Factors for Demand: Key factors fueling demand include silver's relative undervaluation compared to gold, trade tensions affecting supply, its dual role as both a precious metal and an industrial commodity, and ongoing supply deficits projected through 2025.
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Analyst Views on HL
Wall Street analysts forecast HL stock price to fall
7 Analyst Rating
2 Buy
4 Hold
1 Sell
Hold
Current: 24.630
Low
16.00
Averages
23.93
High
36.50
Current: 24.630
Low
16.00
Averages
23.93
High
36.50
About HL
Hecla Mining Company is a silver producer in the United States and Canada. The Company discovers, acquires and develops mines and other mineral interests and produces and markets concentrates containing silver, gold, lead, zinc and copper; carbon material containing silver and gold, and unrefined dore containing silver and gold. The Company's segments include Greens Creek, Lucky Friday, Keno Hill and Casa Berardi. The Greens Creek operation is located on Admiralty Island, near Juneau, Alaska. The Greens Creek ore body contains silver, zinc, gold and lead. The Lucky Friday mine is a deep underground silver, lead, and zinc mine located in the Coeur d’Alene Mining District in northern Idaho. The Casa Berardi mine is an underground/open-pit gold mine located in western Quebec. It owns 100% of the Keno Hill Silver Project, which is located within the Keno Hill Silver District in Canada’s Yukon Territory. The Company also owns a number of exploration and pre-development projects.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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