- Impact Silver was one of the top-performing silver stocks last year, up over 130% and massively performing its benchmark.
- This outperformance is likely due to Impact's significant leverage to silver, with the company being one of the few primary silver producers.
- Unfortunately, this sharp rally has left the stock at a relatively expensive valuation, trading at over 10x trailing revenue.
- While a rising silver price will lift all boats, I see much more inspiring growth stories elsewhere in the sector that also offer liquidity.
For further details see:
Impact Silver: A Lofty Valuation For A Low-Growth Story