Silver Prices Surge 13% in First Week of 2026, Breaking Historical Resistance
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
- Price Surge: In the first week of 2026, silver prices rose by 13% to $80.80 per ounce, reflecting strong market demand and investor preference for safe-haven assets, indicating potential for further price increases.
- Geopolitical Factors: Heightened tensions in Venezuela and U.S. policy signals have driven investors to seek safe assets, significantly boosting silver demand and exacerbating market supply-demand imbalances.
- Supply Chain Impact: Silver's addition to the U.S. Critical Minerals List has elevated its strategic importance, potentially leading to tariffs on refined silver imports, which would further affect domestic supply and price trends.
- Mining Companies Benefit: Silver mining ETFs and major players like Wheaton Precious Metals and Endeavour Silver Corp. are experiencing significant earnings growth due to rising silver prices, with production expansions in 2026 expected to yield high returns for investors.
Analyst Views on EXK
Wall Street analysts forecast EXK stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for EXK is 11.74 USD with a low forecast of 9.00 USD and a high forecast of 14.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 13.810
Low
9.00
Averages
11.74
High
14.50
Current: 13.810
Low
9.00
Averages
11.74
High
14.50
About EXK
Endeavour Silver Corp. is a Canada-based mid-tier silver producer with three operating mines in Mexico and Peru and a pipeline of exploration projects across Mexico, Chile, and the United States. The Company is engaged in silver mining and related activities including acquisition, exploration, development, extraction, processing, refining and reclamation. The Company’s Guanacevi mines is a highest-grade silver mine, which is located in Durango, Mexico. The Terronera Project, located approximately 40 kilometers (km) northeast of Puerto Vallarta in the state of Jalisco, Mexico, hosts a high-grade silver-gold mineral resource along the Terronera vein. The Kolpa operation is a silver mine located in the Huachocolpa region of Huancavelica, over 490 km southeast of Lima. Its Pitarrilla Project is an undeveloped silver, lead, and zinc project located 160 km north of Durango City, in northern Mexico. Its other exploration projects include Parral, Bruner, Aida, and Lourdes.
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.
