Shares of silver mining company shot up Tuesday, riding a jump in the price of silver as well as a wave of optimism that lifted most equity indexes.

The most actively traded contract on the Comex closed up 1.5 percent, and the S&P 500 climbed to 1,370 in afternoon trading.

Coeur d'Alene Mines (NYSE: CDE) climbed 5.9 percent, First Majest Silver (NYSE: AG) was up 5.6 percent, Great Panther Silver increased 5.3 percent and Fortuna Silver Mines added 4.2 percent.

Other big gainers included Silver Wheaton (NYSE: SLW), Pan American Silver (NASDAQ: PAAS), Silvercorp Metals, Silver Standard Resources (ANSDAQ: SSRI) and Endeavour Silver (NYSE: EXK).