Silver Miners’ Q2’20 Fundamentals

The silver miners were quick to restart operations once the lockdowns passed, and are ramping outputs back to full-speed.  That should lower costs, which along with much-higher silver prices should greatly amplify profits going forward.  So big additional silver-stock gains are fully justified fundamentally.  This sector just has to work off its overboughtness first, through a healthy sentiment-rebalancing correction.