The current market trend in precious metals is quite interesting. The performance of silver relative to gold has already validated a wave, and now the focus is on whether mining stocks can keep up with the silver momentum. In terms of targets, silver and precious metal mining companies like AG, VZLA, and PAAS tend to amplify gains during a commodity bull market. The leveraged nature of mining stocks determines their potential for excess returns during an upward cycle in commodities. If silver continues to perform well this time, the next step may depend on the valuation recovery space for mining companies.