Most Overvalued Gold/Silver Stocks

In our opinion… the only natural resource stocks that truly became bubbles in 2025 were:

USA Rare Earth (USAR) at its October 13th high of $43.98 per share (has since corrected by 69.17% to $13.56 per share).

Critical Metals (CRML) at its October 14th high of $32.15 per share (has since corrected by 77.42% to $7.26 per share).

United States Antimony (UAMY) at its October 14th high of $19.17 per share (has since corrected by 76.32% to $4.54 per share).

Today, the most overvalued natural resource stocks are: 1) Hycroft Mining (HYMC), 2) Americas Gold and Silver (TSX: USA), 3) Discovery Silver (TSX: DSV), 4) i-80 Gold (TSX: IAU), 5) Argenta Silver (TSXV: AGAG), 6) Blackrock Silver (TSXV: BRC), 7) New Found Gold (TSXV: NFG), 8) Skeena Resources (TSX: SKE).

None of these eight companies are bubbles they are just the most overvalued.

Many gold/silver stocks will become bubbles in 2026.

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is meant for informational and educational purposes only and does not provide investment advice.