CDE and AG Silver Miners Hold $4.2 Billion Cash as Prices Surge

As of Q2 2026, the top silver miners, CDE and AG among them, hold a combined net cash of $4.2 billion, surpassing the previous high during the 2010-2011 rally. This cash position is more than double the $2.0 billion peak reached then and reflects stronger silver prices averaging between $70 and $85 per ounce. Hecla Mining (HL) reported $483.48 million in cash, up 63.03% year over year, while Coeur Mining (CDE) reached $1.05 billion in cash, a significant increase of 842.51% year over year. These cash reserves may indicate potential for dividends and further investments in the sector. Investors should monitor these developments as they could influence market trends in the precious metals sector.