ARG
AMERIGO RESOURCES $1.10 (Toronto symbol ARG; TSINetwork Rating: Speculative) (604-681-2802; www.amerigoresources.com; Shares outstanding: 171.5 million; Market cap: $188.7 million; No dividends paid) has risen 69% since June 2010 on higher copper prices.
Amerigo processes copper and molybdenum from the waste rock from Chile’s El Teniente, the world’s largest copper mine. The contract runs at least through 2021. Amerigo has a further …read more »
AMERIGO RESOURCES $0.88 (Toronto symbol ARG; SI Rating: Speculative) (604-681-2802; www.amerigoresources.com; Shares outstanding: 170.9 million; Market cap: $150.4 million; No dividends paid) has moved up 52% since June on higher copper prices. Copper is up 38% during that period, to a two-year high of $3.81 U.S. a pound. Rising demand from China is the main reason for the price rise.
Amerigo …read more »
BREAKWATER RESOURCES $0.39 (Toronto symbol BWR; SI Rating: Speculative) (416-363-4798; www.breakwater.ca; Shares outstanding: 700.8 million; Market cap: $273.3 million; No dividends paid) is a Canadian-based mining company that mainly produces zinc. Breakwater has mines in Canada, Chile and Honduras.
The company earned $0.01 a share in the three months ended December 31, 2009. A year earlier, it lost $0.12 a share. …read more »
AMERIGO RESOURCES $0.79 (Toronto symbol ARG; SI Rating: Speculative) (604-681-2802; www.amerigoresources.com; Shares outstanding: 132.6 million; Market cap: $104.8 million) has jumped 173.3% since May on higher copper prices. Copper is up 49.0% during that period, to $2.98 U.S. a pound.
Amerigo processes copper and molybdenum from the waste rock, or “tailings,” from Chile’s El Teniente, the world’s largest copper mine.
In the …read more »
Many junior resource stocks have rebounded lately, along with commodity prices. As well, it’s getting easier for many juniors to raise funds for exploration and development.
Here are four penny stocks that have promising prospects and cash to sustain themselves, whichever way commodity prices go. We think they have a better-than-average chance of long-term success.
MIRANDA GOLD $0.40 (Toronto symbol MAD; SI …read more »
AMERIGO RESOURCES $0.39 (Toronto symbol ARG; SI Rating: Speculative) (604-681-2802; www.amerigoresources.com; Shares outstanding: 132.1 million; Market cap: $51.5 million) processes copper and molybdenum from the tailings (waste rock) from Chile’s El Teniente, the world’s largest copper mine.
In the three months ended March 31, 2009, Amerigo’s revenue fell 63.8%, to $29.9 million from $38.9 million a year earlier. (All figures except …read more »
Green stocks have a lot of conceptual and emotional appeal, but may offer limited investment potential. Investments in environmental or green stocks may need a long time to move from the research or concept stage to profitability in the face of high initial costs and uncertain government subsidies. So they may not be profitable for investors.
It’s hard to set …read more »
Wind power stocks include companies that make components for wind turbines and those that use wind turbines to generate power.
Although publicly traded wind companies are considered green stocks, wind power does draw some objections from environmental groups. It also faces some challenging technical problems.
Concept has appeal, but wind power is imperfect
One of the key problems with wind power is that …read more »
We’ve got four key Successful Investor investing for beginners tips that will help you profit from stock investing with less risk.
No matter how widely or narrowly you cast your information net, some of your investments will disappoint you. But that won’t matter if you apply these three tips. That’s because your near-inevitable gains will overwhelm your all-but-unavoidable losses.
Successful Investor …read more »
We advise against a so-called “sector rotation” approach to investing; this is when you try to hop from sector to sector. We also advise against practicing a top-down sector rotation style; underweighting or overweighting sectors of the stock market depending on a forecast of the stage of the economic cycle, or other factors.
Few sector rotation strategies succeed over long periods, …read more »
