oil and gas
A: E3 Metals Corp., $0.50, symbol ETMC on the Toronto Venture Exchange (Shares outstanding: 30.5 million; Market cap: $16.0 million; www.e3metalscorp.com), aims to use technology developed at the University of Alberta to extract lithium from subsurface brine.
Lithium is used in household batteries, glass and ceramics, lubricants, refrigeration, pharmaceuticals, polymers and aluminum production....
Lithium is used in household batteries, glass and ceramics, lubricants, refrigeration, pharmaceuticals, polymers and aluminum production....
Canada’s Big Five banks continue to set aside large amounts for any rise in loan losses because of COVID-19’s economic impact. Regulators have also ordered the banks to freeze their dividends to preserve capital.
However, most borrowers continue to pay their loans on time....
However, most borrowers continue to pay their loans on time....
Insider buying can be a sign of investing value, but a lack of insider integrity can be a sign to sell as soon as possible
Investors fear today’s depressed economy and energy prices will hurt volumes on Enbridge’s pipelines and erode its cash flow. Nonetheless, the firm’s transformation over the past few years—from eliminating its complex holding-company structure to its 2017 purchase of U.S....
TC Energy—formerly TransCanada—is a top stock for income-seeking investors mainly because its regulated pipelines and power plants generate plenty of steady cash flow for its highly sustainable dividends. In fact, the company has raised the dividend payment each year for the past two decades....
Our investing recommendations are the same for TSX listings as they are on other stock exchanges—here’s how to choose wisely
To succeed as an investor, you need to be able to “cut through the noise”. That is, you need to sort through the news to find what’s worth your attention, and disregard the rest....
Those industrials remain profitable despite COVID-19-induced slowdowns in their markets. Meanwhile, both yield over 8%. That adds an extra layer to their appeal and helps support their share prices. Each is a buy.
RUSSEL METALS $18.00 (New York symbol XEC; TSINetwork Rating: Extra Risk) (www.russelmetals.com; Shares outstanding: 62.2 million; Market cap: $1.1 billion; Dividend yield: 8.4%) is one of North America’s largest metal distributors: the company (symbol RUS on Toronto) serves 33,000 clients at 48 locations in Canada and 16 others in the U.S.
Governments have designated most of Russel’s operations as “essential,” so they continued to operate during the COVID-19 lockdowns....
RUSSEL METALS $18.00 (New York symbol XEC; TSINetwork Rating: Extra Risk) (www.russelmetals.com; Shares outstanding: 62.2 million; Market cap: $1.1 billion; Dividend yield: 8.4%) is one of North America’s largest metal distributors: the company (symbol RUS on Toronto) serves 33,000 clients at 48 locations in Canada and 16 others in the U.S.
Governments have designated most of Russel’s operations as “essential,” so they continued to operate during the COVID-19 lockdowns....
SHAWCOR LTD. $2.57 is still a buy, but only for highly aggressive investors. The company (Toronto symbol SCL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 70.2 million; Market cap: $180.4 million; Price-to-sales ratio: 0.2; Dividend suspended in March 2020; TSINetwork Rating: Average; www.shawcor.com) makes sealants and coatings that keep oil and gas pipelines from rusting....
FINNING INTERNATIONAL INC. $20 remains a buy. The company (Toronto symbol FTT; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 162.1 million; Market cap: $3.2 billion; Price-to-sales ratio: 0.5; Dividend yield: 4.1%; TSINetwork Rating: Above Average; www.finning.com) sells and services Caterpillar-brand heavy equipment in Western Canada, South America and the U.K....
A: Tamarack Valley Energy, $0.78, symbol TVE on Toronto (Shares outstanding: 222.8 million; Market cap: $171.2 million; www.tamarackvalley.ca), is an oil and gas exploration and production firm in Western Canada....