Mining Stocks
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:
- Invest mainly in well-established, mostly dividend-paying companies;
- Spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; and Utilities);
- Downplay or avoid stocks in the broker/media limelight.
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Mining Stocks Library Archives
The disruption of fertilizer shipments from the Persian Gulf due to the current crisis in the Middle East has increased prices and Nutrien’s shares. An end to the war in the coming weeks should cause fertilizer prices to fall. Even so, Nutrien’s falling costs put it in a strong position to withstand lower prices.
NUTRIEN LTD. $104 is a buy. The company (Toronto symbol NTR; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 481.1 million; Market cap: $50.0 billion; Price-to-sales ratio: 1.4; Dividend yield: 2.9%; TSINetwork Rating: Average; www.nutrien.com) took its current form on January 1, 2018, through the merger of fertilizer producer Agrium (old symbol AGU) and its rival Potash Corp. of Saskatchewan (old symbol POT). Today, it’s the world’s largest producer of agricultural fertilizers, including potash, nitrogen and phosphate. It ships about 27.5 million tonnes annually.
NUTRIEN LTD. $104 is a buy. The company (Toronto symbol NTR; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 481.1 million; Market cap: $50.0 billion; Price-to-sales ratio: 1.4; Dividend yield: 2.9%; TSINetwork Rating: Average; www.nutrien.com) took its current form on January 1, 2018, through the merger of fertilizer producer Agrium (old symbol AGU) and its rival Potash Corp. of Saskatchewan (old symbol POT). Today, it’s the world’s largest producer of agricultural fertilizers, including potash, nitrogen and phosphate. It ships about 27.5 million tonnes annually.
TECK RESOURCES LTD. $77 remains a buy. The company (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 488.2 million; Market cap: $37.6 billion; Price-to-sales ratio: 3.4; Dividend yield: 0.6%; TSINetwork Rating: Extra Risk; www.teck.com) is merging with Anglo American PLC (Over-the-counter symbol AAUKF). Investors will receive 1.3301 of an Anglo share for each Teck share they hold. Teck shareholders will own 37.6% of the combined company (called Anglo Teck), with Anglo investors holding the remaining 62.4%.
Alcoa’s shares moved up after the U.S. and Israeli strikes on Iran. That’s because the Middle East supplies about 9% of the world’s aluminum. While prices are likely to retreat in the next few months, Alcoa’s outlook remains strong on rising infrastructure development, particularly in China and India. That should spur aluminum demand for years.
NEWMONT CORP. $102 remains a buy for long-term gains. The world’s largest gold mining company (New York symbol NEM; Aggressive Growth Portfolio, Resources sector; Shares o/s: 1.1 billion; Market cap: $112.2 billion; Price-to-sales ratio: 4.7; Dividend yield: 1.2%; TSINetwork Rating: Average; www.newmont.com) is down 24% from its recent peak of $135 in January 2026. That’s mainly due to the 14% drop in gold prices since the start of the Iran war. The conflict has pushed up oil prices and inflation, which could prompt central banks to raise interest rates. Higher rates make cash and bonds more attractive than gold.
MP MATERIALS, $57.54, is a buy. The company (New York symbol MP; TSINetwork Rating: Extra Risk) (www.mpmaterials.com; Shares o/s: 177.7 million; Market cap: $10.2 billion; No divids.) now plans to invest $1.25 billion to build a rare-earth magnet plant in Texas.
The facility will produce neodymium-iron-boron (NdFeB) magnets. These are essential components in semiconductors, electric vehicles, and other advanced technologies. The project has secured a $200-million incentive award.
The facility will produce neodymium-iron-boron (NdFeB) magnets. These are essential components in semiconductors, electric vehicles, and other advanced technologies. The project has secured a $200-million incentive award.
Hecla explores for, mines and processes silver and gold in the U.S., Canada and Mexico. Most of its silver output comes from three sites: the Greens Creek mine in Alaska; the Lucky Friday project in Idaho; and the Keno Hill mine in the Yukon. It also owns the Casa Berardi gold mine in Quebec.
HECLA MINING, $22.02, is a buy. The company (New York symbol HL; TSINetwork Rating: Extra Risk) (www.hecla-mining.com; Shares outstanding: 670.1 million; Market cap: $14.8 billion; Dividend yield: 0.1%) has now agreed to sell its Hecla Quebec unit to Orezone Gold (symbol ORE on Toronto) for upfront and deferred consideration totalling $593.0 million.
HECLA MINING, $22.02, is a buy. The company (New York symbol HL; TSINetwork Rating: Extra Risk) (www.hecla-mining.com; Shares outstanding: 670.1 million; Market cap: $14.8 billion; Dividend yield: 0.1%) has now agreed to sell its Hecla Quebec unit to Orezone Gold (symbol ORE on Toronto) for upfront and deferred consideration totalling $593.0 million.
NUTRIEN LTD. $99 is a buy. The company (Toronto symbol NTR; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 483.3 million; Market cap: $47.8 billion; Price-to-sales ratio: 1.3; Dividend yield: 3.0%; TSINetwork Rating: Average; www.nutrien.com) is the world’s largest producer of agricultural fertilizers. It also sells seeds, fertilizers and agricultural products to farmers.
TECK RESOURCES LTD. $82 remains a buy. The company (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 488.2 million; Market cap: $40.0 billion; Price-to-sales ratio: 3.8; Dividend yield: 0.6%; TSINetwork Rating: Extra Risk; www.teck.com) has ended its alliance with Arras Minerals Corp. (Toronto Venture symbol ARK), which is exploring for copper in the Pavlodar region of Kazakhstan. Since 2023, Teck has contributed $5 million U.S. to these efforts.
NEWMONT CORP., $116.85, remains a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Shares outstanding: 1.1 billion; Market cap: $123.2 billion; TSINetwork Rating: Average; Dividend yield: 0.9%; www.newmont.com) is the world’s largest gold miner. It also produces copper, silver, lead and zinc.
MAJOR DRILLING, $14.74, is a Power Buy for aggressive investors. This large contract driller (Toronto symbol MDI; TSINetwork: Speculative) (majordrilling.com; Shares o/s: 82.1 million; Market cap: $1.2 billion; No dividends paid) mainly serves the mining industry.