Silver price has been on the rise in 2016 after it fared poorly in 2015. Prices have increased significantly year-to-date due to a weak US dollar, Brexit results and the US Federal Reserve announcements.

Silver didn’t fare well in 2015 dropping drastically from $18.29 an ounce at the beginning of 2015 to $13.83 early this year. But after the US election, silver jumped to as far as $18.84 and analysts forecast a lift throughout 2017.

In 2016, some of the best silver stocks on the TSX reached over 400 percent year-to-date gains. You can find them in the list below that was generated using The Globe and Mail’s market data filter, and does not include companies with a market cap of less than $50 million.

1. Silvercorp Metals (TSX:SVM)

Current price: $3.42; year-to-date gain: 418.18 percent.

Silvercorp is a low-cost silver-producing Canadian mining company with multiple mines in China. The Company is the primary silver producer in that country through the operation of over four silver-lead-zinc mines in the Ying Mining District in Henan Province.

They reported silver production of over 46 million ounces to date and lead-zinc production of over 689 million pounds to date. They also announced that their silver, lead and zinc sales were up 44%, 51%, and 27%, respectively, from the prior year period, to approximately 1.8 million ounces silver, 19.9 million pounds lead, and 5.9 million pounds zinc.

2. Excellon Resources (TSX:EXN)

Current price: $1.40; year-to-date gain: 351.61 percent.

Excellon’s 100%-owned La Platosa Mine in Durango is Mexico’s highest grade silver mine, containing lead and zinc by-products. The company is also engaged in the exploration and evaluation of mining properties in Ontario and Quebec.

They report mining over 500,000 tonnes since production commenced in 2005. Their sales in the third quarter of 2016 reached 228,172 silver equivalent ounces and revenue of $4 million.

3. Northern Dynasty Minerals (TSX:NDM)

Current price: $1.64; year-to-date gain: 290.48 percent.

Next on the list of best silver stocks of 2016 is Northern Dynasty Minerals. The company owns 100% of the Pebble project, a copper-gold-molybdenum-silver deposit in southwest Alaska. It has been determined that the deposit contains 57 billion lb copper, 70 million oz gold, 3.4 billion lb molybdenum and 344 million oz silver as reported by the company.

4. Gabriel Resources (TSX:GBU)

Current price: $0.42; year-to-date gain: 242.86 percent.