EXK - 3 Glittery Silver Penny Stocks to Watch in September 2020

The silver market has been on fire this year and silver penny stocks are reaping the benefits as investments pour into the sector. Since the beginning of 2020, silver prices have increased over 50% and hit 7-year highs, but some analysts see the price going higher still.

CIBC just set its silver price target to $32 per ounces for 2021 and sees the price of silver hovering around the $28 mark in the fourth quarter, citing continued low real interest rates, growing government debt, and the upcoming US election as catalysts for price movement.

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