Silver prices hit a two-week high, and U.S. silver mining company stocks rose

LootboxPhobia · 2026-02-23T20:18:41+00:00

The stock prices of silver mining companies listed in the US have risen, with spot silver prices increasing by 2.6% to $86.73 per ounce, influenced by the US Supreme Court ruling, causing the US dollar to weaken. The stock prices of multiple mining companies and ETFs have all seen significant gains.

LootboxPhobia

2026-02-23 20:18:41

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Investing.com – During Monday’s pre-market trading, the shares of silver mining companies listed in the U.S. rose as silver prices increased earlier.

Spot silver rose 2.6% to $86.73 per ounce, reaching its highest level in more than two weeks.

Silver prices climbed after the U.S. Supreme Court issued a ruling unfavorable to President Donald Trump’s tariff policies, pushing the dollar lower.

Hecla Mining (NYSE:HL) increased by 2.2%, Coeur Mining (NYSE:CDE) rose by 1.4%.

Canadian mining companies also saw gains. Endeavour Silver (TSX:EDR) (NYSE:EXK) up 2%, Silvercorp Metals (TSX:SVM) (NYSE:SVM) up 2.4%, Wheaton Precious Metals (TSX:WPM) (NYSE:WPM) up 2.1%.

Silver-focused exchange-traded funds also advanced. Abrdn Physical Silver Shares ETF (NYSE:SIVR) and iShares Silver Trust (NYSE:SLV) both increased by 2.3%.

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