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Intact Financial Corp. is a #1 Power Buy for 2026 as it continues to demonstrate excellence in its field as Canada’s largest property and casualty insurer.
iShares MSCI Germany Fund & Australia ETF offer concentrated entries into both an industrial backbone and exposure to the global resource sector.
Discover 7 Canadian stocks delivering a double gift: meaningful share buybacks plus durable, sustainable dividends—as featured in TSI’s latest Globe and Mail column.
Kinross Gold Corp. reportssoaring results thanks to higher gold prices and cost controls.
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The best mineral stocks to buy will have a broad base of steady operations and will be situated in politically stable jurisdictions among possessing other key factors
The pendulum theory grew out of Sir Isaac Newton’s 17th-century studies of gravity and physics, particularly his second law of motion. Yet the theory turns up in discussions of all sorts of non-mechanical topics. This includes investors’ efforts at understanding the stock market.
MART RESOURCES $0.25 (Toronto symbol MMT; TSINetwork Rating: Speculative) (403- 270-1841; www.martresources.com; Shares outstanding: 356.6 million; Market cap: $89.2 million; No dividends paid) has been successfully taken over at $0.25 a share by a consortium. Midwestern Oil and Gas Company Ltd., San Leon Energy plc and 1038221 B.C. Ltd. make up the group of buyers. Apart from regulatory and shareholder approvals, the deal was contingent on the consortium arranging financing. The transaction ran into a number of delays, but was finally able to attract the funds it needed for the takeover....
YAMANA GOLD $5.43 (Toronto symbol YRI; TSINetwork Rating: Speculative) (416-815-0220; www. yamana.com; Shares outstanding: 947.2 million; Market cap: $5.3 billion; Dividend yield: 0.5%) owns and operates 10 gold mines in Canada, Mexico, Brazil, Chile and Argentina. It also holds a 12.5% stake in the Alumbrera copper/ gold mine in Argentina and has a number of other properties in advanced stages of development. In the three months ended December 31, 2015, the company’s gold production fell 1.9%, to 345,788 ounces from 352,572 a year earlier. The decline was the result of lower output at some of Yamana’s smaller mines. Gold prices fell 8.2% in the latest quarter. That, plus the lower production, cut Yamana’s cash flow by 14.8%, to $150.5 million from $176.7 million. (All figures except share price and market cap in U.S. dollars.) Cash flow per share declined 20.0%, to $0.16 from $0.20, on more shares outstanding....
IAMGOLD $3.72 (Toronto symbol IMG; TSINetwork Rating: Speculative) (1-888-464-9999; www.iamgold.com; Shares outstanding: 405.9 million; Market cap: $1.5 billion; No dividends paid) owns 41% of the Sadiola mine in Mali; 90% of the Essakane mine in Burkina Faso; 100% of the Westwood mine in Quebec; and 95% of the Rosebel mine in Suriname, South America. It also owns 92.3% of the Cote gold project in Ontario. In the three months ended December 31, 2015, IAMGold’s revenue fell 12.6%, to $238.2 million from $272.5 million a year earlier. (All figures except share price and market cap in U.S. dollars.) Cash flow per share dropped to $0.02 from $0.25. Lower gold prices and production caused the declines. IAMGold’s long-term production outlook is positive. Meantime, the company holds a high $691.3 million in cash and gold bullion. Most of that cash came from the $500 million sale of its Niobec niobium mine in Quebec’s Saguenay-Lac-Saint-Jean region in early 2015. When used as an additive, niobium makes steel stronger, more heat-resistant and easier to weld....
ALAMOS GOLD $7.83 (Toronto symbol AGI; TSINetwork Rating: Speculative) (604-681- 2802; www.alamosgold.com; Shares outstanding: 268.2 million; Market cap: $2.1 billion; Dividend yield: 0.3%) owns the Mulatos and El Chanate mines in Mexico and the Young-Davidson mine in northern Ontario. In the three months ended December 31, 2015, Alamos’s gold production rose 5.7%, to a record 104,734 ounces from 99,083 a year earlier. However, lower gold prices offset the higher production. That caused the company’s cash flow per share to fall to $0.07 from $0.22 (all figures except share price in U.S. dollars). Alamos holds cash of $289.6 million. The company’s outlook is positive, but like most gold producers, its shares will be heavily influenced by the future direction of gold prices....