20 tips for successful investing in mining stocks

20 tips for successful investing in mining stocks

Profits from mining stocks can be hard to come, especially in 2020 when some commodities have seen impressive gains while others remain depressed. But these 20 tips aid to guide you to top miners
Mining stocks can generally be broken up into two categories, majors and… Read More

Hello, Pat. I just joined your Inner Circle today. I’m looking forward to receiving great information to help me achieve my financial goals. I’d like to ask about two speculative stocks. One, Dynacor Gold, is familiar to me, however moving forward do you think this is a good time to start buying? The second, Zenabis Global, grows cannabis. What are your thoughts? Should I start accumulating shares? Thanks.

A: Dynacor Gold Mines, $1.75, symbol DNG on Toronto (Shares outstanding: 38.8 million; Market cap: $69.0 million; www.dynacor.com), is a dividend-paying junior gold company headquartered in Montreal.

The company is engaged in production through the processing of ore purchased from the artisanal and small-scale mining industry… Read More

Q: Hi, Pat. What do you think about Canadian Natural Resources Ltd.? It has bought some great assets from companies exiting Canada. Is it a good buy? Thanks.

A: Canadian Natural Resources, $40.63, symbol CNQ on Toronto (Shares outstanding: 1.2 billion; Market cap: $49.0 billion; www.cnrl.com), operates in Western Canada, where its 100%-owned Horizon Oil Sands Project is located; the North Sea; and off the coast of West Africa. Its overall product mix… Read More

Q: Hi, Pat. I would appreciate your thoughts on Etsy? Seems like an interesting business but at some risk of being dominated by Amazon. Is it worth an investment? Potential buyout target for Amazon? Thanks.

A: Etsy Inc., $50.00, symbol ETSY on Nasdaq (Shares outstanding: 120.2 million; Market cap: $6.1 billion; www.etsy.com), provides an online marketplace for buyers and sellers of unique and creative goods. The company was founded in 2005 and is headquartered in Brooklyn, New York.

The platform generates… Read More

Q: Hello, Pat and team. Could I get your opinion on Premium Brands Holdings? Thank you.

A: Premium Brands Holdings Corp., $94.18, symbol PBH on Toronto (Shares outstanding: 37.4 million; Market cap: $3.5 billion; www.premiumbrandsholdings.com), is a specialty-food manufacturing and distribution company based in Richmond, B.C.

The company operates through two businesses:

Specialty Foods supplies 67% of Premium Brands’ revenue and mainly serves… Read More