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.

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Mining Stocks Library Archives

It’s your time to buy gold

NEWMONT GOLDCORP $39.13, is a buy. The stock (New York symbol NEM; Shares o/s: 819.6 million; Market cap: $32.3 billion; TSINetwork Rating: Average; Dividend yield: 1.4%; www.newmontgoldcorp.com) gives you exposure to the world’s largest gold miner now that Newmont has acquired Vancouver-based Goldcorp Inc. for $10 billion in… Read More

Frontier will spur your Teck gains

TECK RESOURCES LTD., $22, is a buy. The company (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 558.4 million; Market cap: $12.3 billion; Price-to sales ratio: 1.0; Dividend yield: 0.9%; TSINetwork Rating: Extra Risk; www.teck.com) gets most of its revenue from its main metallurgical coal, copper… Read More

This gold tilts the odds in your favour

Right now, top gold stocks like Barrick offer you a classic heads-you-win-tails-you-break-even kind of opportunity. Under the heads scenario, you should make an attractive return over the next five or 10 years; under the tails scenario, you should make an even more attractive return. This… Read More

Closed mine ups prices

CAMECO CORP. $12.46 (Toronto symbol CCO; TSINetwork Rating: Extra Risk) (306-956-6200; www.cameco.com; Shares outstanding: 395.8 million; Market cap: $4.9 billion; Dividend yield 0.6%) is the world’s biggest uranium producer.
The company’s revenue in the quarter ended June 30, 2019, rose 16.5%, to $388 million from… Read More

This gold stock is a buy

ALAMOS GOLD $9.33 (Toronto symbol AGI; TSINetwork Rating: Speculative) (604-681-2802; www.alamosgold.com; Shares outstanding: 388.8 million; Market cap: $3.6 billion; Dividend yield: 0.6%) owns the Mulatos and El Chanate mines in Mexico, and the Young-Davidson and Island mines in northern Ontario.

In the three months ended June… Read More

Diversified operations cut Teck’s risk

TECK RESOURCES LTD. $23 (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 558.4 million; Market cap: $12.8 billion; Price-to sales ratio: 1.0; Dividend yield: 0.9%; TSINetwork Rating: Extra Risk; www.teck.com) is a leading producer of metallurgical coal, a key ingredient in steel making… Read More

China looks at IAMGold

IAMGOLD $4.83 (Toronto symbol IMG; TSINetwork Rating: Speculative) (1-888-464-9999; www.iamgold.com; Shares outstanding: 468.0 million; Market cap: $2.2 billion; No dividends paid) has reportedly attracted some takeover interest from China National Gold Group Corp., that country’s second-biggest gold miner.
The global gold-mining industry has, in fact, seen two recent acquisition deals:… Read More

Newmont’s future is bright

NEWMONT GOLDCORP $38.76 (New York symbol NEM; Shares o/s: 819.6 million; Market cap: $31.5 billion; TSINetwork Rating: Average; Divd. 1.4%; www.newmontgoldcorp.com) owns mines in North and South America, Australia and Africa.
The company is now the world’s largest gold mining company after its recent acquisition of Vancouver-based Goldcorp… Read More

Low debt bolsters these small caps

MAJOR DRILLING $3.91 (Toronto symbol MDI; TSINetwork Rating: Speculative) (1-866-264-3986; www.majordrilling.com; Shares outstanding: 80.3 million; Market cap: $313.2 million; No dividends paid) is a large contract driller that mainly serves the mining industry.
Major believes that mining activity continues to deplete the world’s more easily accessible mineral reserves. That… Read More

Outlook remains strong

ALAMOS GOLD $7.47 (Toronto symbol AGI; TSINetwork Rating: Speculative) (604-681-2802; www.alamosgold.com; Shares o/s: 388.8 million; Market cap: $2.8 billion; Dividend yield: 0.7%) owns the Mulatos and El Chanate mines in Mexico, and the Young-Davidson and Island mines in northern Ontario.
In the three months ended March 31, 2019, Alamos’s… Read More

Our top gold is now stronger

NEWMONT GOLDCORP CORP. $32 (New York symbol NEM; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 819.6 million; Market cap: $26.2 billion; Price-to-sales ratio: 1.6; Dividend yield: 1.8%; TSINetwork Rating: Average; www.newmont.com) took its current form on April 18, 2019, when Newmont Mining acquired Goldcorp Inc. Newmont paid… Read More

Updating Weight Watchers International, Amerigo Resources & Broadridge Financial Solutions

WEIGHT WATCHERS INTERNATIONAL $19.46 (Nasdaq symbol WW; TSINetwork Rating: Extra Risk) (212-589-2700; www.ww.com; Shares o/s: 67.0 million; Market cap: $1.3 billion; No dividends paid) has expanded its weight-loss services to include “Wellness that works” programs. The move reflects the company’s goal of promoting healthy living, in general, rather… Read More

Sherritt is now a hold

SHERRITT INTERNATIONAL $0.38 (Toronto symbol S; TSINetwork Rating: Speculative) (1-800-704-6698; www.sherritt.com; Shares outstanding: 397.3 million; Market cap: $154.9 million; No dividends) is now focused on nickel/cobalt production as well as oil, with operations mostly in Cuba.
The company’s long-term outlook is positive. But in the near term, it needs… Read More