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

Teck gains from germ-killing copper

TECK RESOURCES LTD. $31 is a buy. The company (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 531.1 million; Market cap: $16.5 billion; Price-to-sales ratio: 1.7; Dividend yield: 0.7%; TSINetwork Rating: Extra Risk; www.teck.com) is a leading producer of copper, gold, zinc and metallurgical coal (which… Read More

Hecla gives investors a top silver play

HECLA MINING $6.16 (New York symbol HL; TSINetwork Rating: Extra Risk) (www.hecla-mining.com; Shares ooutstanding: 537.0 million; Market cap: $3.3 billion; Dividend yield: 0.2%) produced 3.5 million ounces of silver in the quarter ended June 30, 2021. That was up 3.6% from 3.4 million a year… Read More

Amerigo taps copper’s strong supply/demand outlook

Amerigo Resources’ shares have skyrocketed 915.4% since March 2020. However, we feel the prospects for the company, and copper prices, remain very positive.
AMERIGO RESOURCES $1.32, is a buy for aggressive investors. The company (Toronto symbol ARG; TSINetwork Rating: Speculative) (www.amerigoresources.com; Shares outstanding: 181.8 million; Market… Read More

Yamana Gold hikes its dividend

YAMANA GOLD, $5.37, is a buy. The company (Toronto symbol YRI; TSINetwork Rating: Speculative) (www. yamana.com; Shares o/s: 966.4 million; Market cap: $5.3 billion; Dividend yield: 2.1%) is now raising its quarterly dividend by 15.4% with the October 2021 payment, to $0.03 from $0.026. The… Read More

Here are key updates on your holdings

TECK RESOURCES LTD. $29 is a buy. The company (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 531.1 million; Market cap: $15.4 billion; Price-to-sales ratio: 1.5; Dividend yield: 0.7%; TSINetwork Rating: Extra Risk; www.teck.com) is a leading producer of copper, gold, zinc and… Read More

Tap gold’s outlook with Barrick and Alamos

Barrick Gold and Alamos Gold offer you great ways to prosper from rising gold prices during coronavirus uncertainty and beyond. That economic volatility should significantly boost demand for gold as an investment, especially if huge goverment stimulus spending across the world spurs inflation. That’s likely… Read More

Newmont targets Golden Triangle

NEWMONT CORP. $63 remains a buy. The company (New York symbol NEM; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 801.2 million; Market cap: $50.5 billion; Price-to-sales ratio: 4.3; Dividend yield: 3.5%; TSINetwork Rating: Average; www.newmont.com) has now completed its acquisition of the 85.1% of GT… Read More

Major is building on its 305% gain

MAJOR DRILLING, $9.16 (Toronto symbol MDI; TSINetwork Rating: Speculative) (www.majordrilling.com; Shares o/s: 82.0 million; Market cap: $805.4 million; No divd.) is a large contract driller that mainly serves the mining industry.
Demand for Major Drilling’s specialized drilling services, especially from senior gold producers, is beginning to… Read More

Buy Newmont for future gold gains

Newmont Corp. offers you a great way to prosper from the likely rise of precious metal prices—even amid lingering coronavirus uncertainty. That economic volatility should, in fact, boost demand for gold as an investment, especially if huge government stimulus spending globally spurs inflation and sends… Read More

Rising output powers these two gold miners

Yamana Gold and Lundin Gold offer you great ways to prosper from the prospects for rising precious metal prices amid coronavirus uncertainty and beyond. That economic volatility should significantly boost demand for gold as an investment, especially if huge goverment stimulus spending globally spurs inflation… Read More

Cyclical upswing benefits Alcoa

ALCOA CORP. $36 is still a buy. The company (New York symbol AA; Conservative Growth Portfolio, Resources sector; Shares o/s: 185.9 million; Market cap: $6.7 billion; Price-to-sales ratio: 0.7; No dividends paid; TSINetwork Rating: Extra Risk; www.alcoa.com) is a leading producer of bauxite ore. It also operates refineries… Read More

Alamos Gold lifts your dividend

ALAMOS GOLD $11.15 (Toronto symbol AGI; TSINetwork Rating: Speculative) (www.alamosgold.com; Shares outstanding: 392.7 million; Market cap: $4.3 billion; Divd. yield: 1.1%) benefited in the quarter ended December 31, 2020, from higher gold prices. Revenue rose 21.8%, to $226.8 million from $186.0 million. (All figures except share price and… Read More

Biden’s green plan should help Teck

TECK RESOURCES LTD. $27 is a buy. The stock (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 531.1 million; Market cap: $14.3 billion; Price-to-sales ratio: 1.6; Dividend yield: 0.7%; TSINetwork Rating: Extra Risk; www.teck.com) explores for and develops various types of minerals, including copper, gold, zinc… Read More

Its shift from coal benefits investors

BHP GROUP LTD. (ADR) $69 is a buy. This company (New York symbol BHP; Conservative Growth Portfolio, Resources sector; ADRs outstanding: 2.5 billion; Market cap: $172.5 billion; Price-to-sales ratio: 4.1; Dividend yield: 3.1%; TSINetwork Rating: Average; www.bhp.com) is a leading producer of iron ore (which supplies 50% of… Read More

Lundin Gold aims to strike again

LUNDIN GOLD $10.24 (Toronto symbol LUG; TSINetwork Rating: Spec.) (www.lundingold.com; Shares outstanding: 224.4 million; Market cap: $2.3 billion; No dividends paid) will now go ahead with expansion plans for its Fruta del Norte gold mine in Ecuador. The $18.6 million expansion will increase output by around 20%. That will… Read More