CHICAGO, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Amplify ETFs, a leading provider of breakthrough ETF solutions, announces the Amplify Junior Silver Miners ETF (SILJ) has exceeded $3 billion in assets under management (as of 11/30/25). Launched in 2012, SILJ is the first and only ETF to target small-cap silver miners, seeking investment results that generally correlate (before fees and expenses) to the total return performance of the Nasdaq Junior Silver Miners™ Index. As of Nov. 30, 2025, SILJ has delivered a 16 ...

Core Insights - The latest data on ETF silver net holdings shows an increase in net holdings from 15,257.92 tons on November 21 to 15,511.81 tons on November 24, indicating a positive trend in silver investment [1] Summary by Category ETF Silver Net Holdings - As of November 24, 2025, the ETF silver net holdings reached 15,511.81 tons, equivalent to approximately 498,716,277.9 ounces, with a total value of about 2,494,774.59 million USD [1] - On November 21, 2025, the ETF silver net holdings were recorded at 15,257.92 tons, or approximately 490,553,367.9 ounces, valued at around 2,398,348.13 million USD [1]

Core Insights - The abrdn Physical Silver Shares ETF (SIVR) and iShares Silver Trust (SLV) are two of the largest physical silver ETFs, with SIVR being cheaper in terms of expense ratio, which could impact long-term returns [1][2][10] Cost and Size Comparison - SIVR has an expense ratio of 0.30%, while SLV has a higher expense ratio of 0.50% [3][4] - As of October 28, 2025, SIVR has a one-year return of 39.4% compared to SLV's 39.0% [3] - SIVR has assets under management (AUM) of $3 billion, significantly lower than SLV's AUM of $22.7 billion [3][6] Performance and Risk Metrics - The maximum drawdown over five years for SIVR is -38.61%, while SLV's is slightly worse at -38.79% [5] - An investment of $1,000 in SIVR would grow to $1,988 over five years, compared to $1,967 for SLV [5] Investment Characteristics - Both ETFs are designed to track silver prices and do not pay dividends [7] - SIVR offers a straightforward approach to physical silver exposure, similar to SLV, but with lower costs [7][10] Market Context - Silver is used extensively in industrial applications, with nearly 60% of global demand coming from sectors like electronics and electricals [8] - Investing in silver can be achieved through various methods, but ETFs like SIVR and SLV provide direct exposure to silver prices [9]

Industry Overview - The exchange-traded fund (ETF) industry has reached an annual asset milestone of $1 trillion, marking the fastest growth in history [1] - Full-year ETF inflows are projected to reach $1.35 trillion, driven by strong performance across various asset classes, particularly bonds [5] Asset Performance - Across different asset classes, including stocks, bonds, and commodities, there has been a positive return environment, with assets outperforming cash [2] - Fixed income ETFs are gaining popularity, with record inflows of $39 billion in the last month alone, reflecting a shift towards more active strategies [6] Gold and Silver ETFs - Gold ETFs are experiencing significant inflows, with the SPDR Gold Trust ETF seeing record inflows of $15.97 billion this year, while the SPDR Gold MiniShares Trust ETF has attracted $6.8 billion [7] - Gold prices have surged over 56% this year, and silver has increased by over 73%, reaching its highest level since January 1980 [14] Market Drivers - Key factors driving the bullish sentiment for gold include persistent inflation, global instability, falling interest rates, and increasing U.S. debt [9] - The tonnage of gold held is currently below its historical high, suggesting potential for further price increases [13]

Group 1 - The Global X Silver Miners ETF (NYSEARCA: SIL) is a passive, rules-based fund that aims to track the performance of publicly traded companies involved in silver mining, exploration, and refining [1] - The ETF follows the Solactive Global Silver Index, which includes various companies in the silver mining sector [1] - The focus is primarily on small- to mid-cap companies, which are often overlooked by many investors, while also considering large-cap names for a broader market perspective [1]

Bowdens Silver Project Overview - Bowdens Silver Project is one of the largest silver development projects in Australia[52, 81], 100% owned by Silver Mines Limited[29] - The project has a Mineral Resource estimate of 180 million ounces of silver (Moz Ag) and 334 Moz of silver equivalent (AgEq)[29, 79] - The Ore Reserve is estimated at 71.7 Moz Ag, supporting a mine life of 16½ years[22, 38, 79, 81] - Pre-production capital expenditure is estimated at A$331 million[38, 54, 81] Financial and Operational Highlights - The Optimisation Study completed in December 2024 outlines a robust, high-margin silver project[18, 54] - The project targets an average output of 4.25 Moz Ag per annum in the first 10 years[54] - The Life of Mine (LOM) All-In Sustaining Cost (AISC) is projected to be less than A$25/oz, with an AISC of <A$23/oz (~US$15/oz) over the first 10 years[38, 54] - The LOM operating margin is estimated at A$948 million[38, 54] - The pre-tax Net Present Value (NPV5) is A$359 million, with a payback period of 3.9 years[38, 54] Silver Market and Demand - Silver has significant industrial applications, with electrical and electronics accounting for 23% of demand (excluding photovoltaics)[101] - Photovoltaics (solar) account for 17% of silver demand[101] - The solar industry is valued at over $350 billion per annum and is still growing[105]

Group 1: Market Overview - Gold has seen a record-breaking spike in market value due to rising uncertainties in the global economy and geopolitical tensions, leading to increased interest in silver as a similarly valuable asset [1][2] - Silver's demand profile is appealing to retail investors, as it serves both as a store of value and a critical industrial material [2][4] Group 2: Industrial Demand and Supply Dynamics - Silver's unique properties, such as electrical and thermal conductivity, make it essential in various sectors, including electronics and medical applications [3] - The global silver supply has been unable to keep pace with demand for seven consecutive years, with industrial demand now accounting for 59% of silver usage [4] Group 3: Price Trends and Forecasts - Since the beginning of the year, the spot price of silver has risen approximately 30%, indicating strong market interest [5] - A recent analysis shows a balanced trend in silver prices over the past 10 weeks, with an equal number of up and down weeks, suggesting potential for continued price movement [6] - Conditional forecasts indicate an upside target of $41.65 and a downside target of $38.11 for silver over the next 10 weeks [8] Group 4: Investment Vehicles - The Sprott Silver Miners & Physical Silver ETF (SLVR) is the only ETF focused solely on silver miners and physical silver, aiming to track the performance of the Nasdaq Sprott Silver Miners Index [12][13] - Since its launch in January, the SLVR ETF has gained over 58%, benefiting from the performance of the silver mining sector [15] - Future projections for SLVR suggest an upside target of $36.54 and a downside target of $33.44 over the next 10 weeks, with potential for a sustained upward trend if certain technical patterns emerge [17]

Industry Overview - Silver is gaining renewed attention as it approaches the critical US$40 mark, with major institutions suggesting it could outperform gold in the coming months [1] - Sprott Asset Management highlights silver's favorable supply-demand dynamics, indicating structural supply shortfalls and new investments in silver-backed plays [2] Company Developments - Magma Silver Corp. has secured full community access rights to its Jorimina and Randypata deposits in Peru, facilitating immediate exploration activities [3] - The community access agreement is crucial for exploration in Peru, emphasizing the importance of maintaining a harmonious relationship with local communities [4] - Historical exploration by Newmont at these deposits exceeded CAD$10 million, yielding promising results, including 17.4 meters of 3.06 g/t gold and 128 meters of 1.31 oz/t silver from the Jorimina deposit [4] - Magma Silver has expanded its operations in Peru, establishing a Lima office and assembling a skilled in-country team to advance its 4,100-hectare Niñobamba silver-gold project [5] - The company is applying modern targeting techniques to previously tested ground by major mining companies [5] - An experienced operations team has been established in Peru, with Carlos Agreda Minaya appointed as General Manager, supported by legal and environmental specialists [6][7] - Surface access is secured for Randypata and Jorimina, with discussions ongoing for the Main deposit, and drill permits expected soon for a diamond drilling campaign targeted for Q4 2025 [7] - Magma's share structure is tight, with over 34 million shares outstanding, providing new investors exposure to a well-positioned exploration play in a mining-friendly jurisdiction [8] Other Industry Developments - Till Capital Corporation has acquired Silver Storm Mining Ltd. in an all-share deal, consolidating both companies under a silver-focused banner [9] - Silver Storm now holds 100% ownership of the La Parrilla silver mine complex, which previously produced over 34 million silver-equivalent ounces [10] - Silver47 Exploration Corp. is advancing exploration at its Adams Plateau project in British Columbia, targeting silver and other minerals, with a 5-year drilling permit received [11][12] - Equity Metals Corporation has initiated its 2025 drill program at the Silver Queen project, focusing on high-grade silver-gold-zinc mineralization [13][14]

Paris Silver Project Overview - The Paris Silver Project boasts a JORC (2012) Resource of 57 million ounces of silver and 99 thousand tonnes of lead[35] - A Pre-Feasibility Study (PFS) was completed in 2021, and a Definitive Feasibility Study (DFS) is currently underway[35] - The project is considered a high-grade, low-cost, high-margin silver project located in a Tier-1 jurisdiction[11] Silver Market Dynamics - Silver is described as having a dual role as both an industrial metal and a store of wealth, with rising demand and tight supply[11] - Only approximately 27.8% of silver comes from primary silver mines, with the rest being a by-product of other mining operations[19] - The silver market is forecast to continue experiencing a deficit[23] Investigator Resources Limited - The company's market capitalization is $48.5 million, with $5.1 million in cash as of June 30, 2025 (unaudited), resulting in an enterprise value of $43.4 million[38] - The top 20 shareholders hold 30% of the company's shares[38] - The PFS indicated a free cash flow of A$487 million, an NPV8 of A$202 million, a CAPEX of A$131 million, an IRR of 48%, and an ASIC of A$17.45/oz[40] Exploration and Expansion Potential - Investigator Resources is exploring a 15km mineralized corridor around the Paris Silver Project[11] - The company has a farm-in agreement on an adjacent high-grade silver prospect called Athena, where historical drilling terminated in silver mineralization[51, 52] - Drilling is scheduled to commence in September 2025 at Curnamona, a copper/gold prospect[55]

Group 1 - The Sprott Physical Gold and Silver Trust (NYSEARCA: CEF) is recommended as a 'buy' due to its overweight position in silver compared to the market capitalization of both gold and silver [1] - The analyst has a beneficial long position in shares of PHYS, PSLV, CEF, XAUUSD, and XAGUSD through various financial instruments [2] - The article reflects the analyst's personal opinions and does not constitute investment advice [2][3]