Mining Stocks

Mining stocks are investments in companies that produce or explore for minerals. Some of these minerals include uranium, coal, molybdenum (which is used in steelmaking), copper, silver and gold. They are affected by fluctuating commodity prices in addition to their own business and operating risks.

While sometimes risky, mining stocks can also be strong performers when commodity prices move up. However, due to the volatility of these stocks, Pat McKeough recommends that they only form a modest part of a well-balanced portfolio.

Canadian penny mining stocks are some of the riskiest stocks you can buy. These companies are trying to find mineral deposits that mine at a profit and such a find are exceedingly rare. Because of this, it’s even more important to look for investment quality in penny mines.

For example, we automatically rule out investing in penny mines that promote themselves too aggressively or do so misleadingly. The mine-finding effort is more likely to succeed if the managers focus on finding a mine rather than hyping their stock.

Junior mining stocks are usually smaller companies that typically take on riskier mining projects. However, if a junior mining stock is successful at finding and mining, it can mean huge returns for investors.

No matter what type of mining stocks, or other stocks you invest in, TSI Network recommends following our three-part Successful Investor strategy:

  1. Invest mainly in well-established, mostly dividend-paying companies;
  2. Spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; and Utilities);
  3. Downplay or avoid stocks in the broker/media limelight.

How Mining Stocks make a difference

Learn everything you need to know in ‘The Complete Guide to Mining Stocks’ for FREE from The Successful Investor.

Best Canadian Mining Stocks TSX: Plus Gold Stocks, Canadian Diamond Mines and more.


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Mining Stocks Post Archives

Nutrien shares remain cheap despite a rising market

Nutrien shares remain cheap despite a rising market

A recent CEO resignation affected the share price but not the company’s long-term prospects as rising prices should boost revenues and earnings.

Meanwhile the stock trades at just 6.5 times the company’s 2022 earnings forecast.

NUTRIEN LTD. (Toronto symbol NTR; www.nutrien.com) is the world’s largest producer of… Read More

Get a 3.6% yield from Newmont Corp.

Get a 3.6% yield from Newmont Corp.

This firm offers you a great way to prosper from the likely rise of precious metal prices.

That’s because continuing economic uncertainty should boost demand for gold as an investment, especially if huge government stimulus spending globally spurs inflation and sends investors seeking gold as a.. Read More

Major Drilling’s revenue is rocketing

Major Drilling’s revenue is rocketing

Improved business in North, Central and South America led to an 68.9% jump in revenue for this company during the quarter ended July 31, 2021.

A new acquisition should further boost the company’s presence and earnings in Western Australia.

The stock trades at 18.1 times the company’s… Read More

Nutrien expects record sales in 2021

Nutrien expects record sales in 2021

This stock has risen just 14% since its 2018 merger, but we feel this speaks to the firm’s unrecognized value. In fact, we believe the company is in a strong position to accelerate its growth over the next few years—and investor gains! 

The now-giant company has… Read More

Barrick Gold meets key targets

Barrick Gold meets key targets

This large gold miner offers you a great way to prosper from strong gold prices during coronavirus uncertainty and beyond. That economic volatility should significantly boost demand for gold as an investment, especially if huge government stimulus spending across the world spurs inflation.

That’s likely… Read More

Get 3.2% yield from Nutrien Ltd.

Get 3.2% yield from Nutrien Ltd.

Improved sales of seeds and fertilizers offset lower selling prices and led to a 0.9% revenue bump for one of our top recommendations.

Recent acquisitions have helped expand retail operations and software tool offerings and add cash flow to support increased future dividends.

The stock trades at… Read More