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
Whatever the outlook for gold is going forward—it seems to be working its way back to its all-time high early this year—we think top-quality miners like Alamos and Lundin remain buys. (Also see our tip of the month.) That’s in part because of their prospects for increased production and cash flow—regardless of the spot price for precious metals.
ALAMOS GOLD INC., $43.50, is a buy. The gold miner (Toronto symbol AGI; TSINetwork Rating: Average) (www.alamosgold.com; Shares outstanding: 418.6 million; Market cap: $18.2 billion; Dividend yield: 0.5%) has production from three operations in North America.
ALAMOS GOLD INC., $43.50, is a buy. The gold miner (Toronto symbol AGI; TSINetwork Rating: Average) (www.alamosgold.com; Shares outstanding: 418.6 million; Market cap: $18.2 billion; Dividend yield: 0.5%) has production from three operations in North America.
Demand for Major Drilling’s specialized services now looks to be moving up—and the stock is near its recent high. We think this Power Buy is poised to continue its strong growth for our subscribers.
MAJOR DRILLING, $15.35, is a Power Buy for aggressive investors. This large contract driller (Toronto symbol MDI; TSINetwork: Speculative) (www.majordrilling.com; Shares o/s: 82.2 million; Market cap: $1.3 billion; No dividends paid) mainly serves the mining industry.
MAJOR DRILLING, $15.35, is a Power Buy for aggressive investors. This large contract driller (Toronto symbol MDI; TSINetwork: Speculative) (www.majordrilling.com; Shares o/s: 82.2 million; Market cap: $1.3 billion; No dividends paid) mainly serves the mining industry.
NUTRIEN LTD. $100 is permanently closing its nitrogen facility in Trinidad and Tobago. That’s because the country has restricted the company’s access to port facilities over claims that it owes several million dollars in fees. Those restrictions have hurt Nutrien’s supply of natural gas to its plant, which it needs to make nitrogen fertilizers.
NEWMONT CORP., $115.34, 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: $121.5 billion; TSINetwork Rating: Average; Dividend yield: 0.9%; newmont.com) produced a total of 1.29 million ounces of gold in the quarter ended June 30, 2026, down 12.8% from 1.48 million ounces a year earlier.
Despite the volatility of gold prices, we continue to recommend all investors maintain some exposure to this precious metal. Our top pick in the sector remains Newmont, which gets most of its gold from politically stable countries. It’s also using its rising earnings to reward investors with share buybacks. In addition, a new deal with Barrick should unlock the value of its mines in Nevada.
NEWMONT CORP. $124 is a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 1.05 billion; Market cap: $130.2 billion; Price-to-sales ratio: 5.4; Dividend yield: 0.8%; TSINetwork Rating: Average; www.newmont.com) is the world’s largest gold mining company.
NEWMONT CORP. $124 is a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 1.05 billion; Market cap: $130.2 billion; Price-to-sales ratio: 5.4; Dividend yield: 0.8%; TSINetwork Rating: Average; www.newmont.com) is the world’s largest gold mining company.
Penny stocks trade at or under a value of $5.00 or so. For those who can accept the risk, quality penny stocks can pay off well. Even so, they should always make up no more than a limited portion of your portfolio.
RADISSON MINING RESOURCES, $1.10, is a buy. The company (Toronto Venture Exchange symbol RDS; TSINetwork Rating: Speculative) (radissonmining.com; Shares o/s: 455.0 million; Market cap: $500.5 million; No dividends paid) is focused on advancing its O’Brien gold project in the Abitibi region of Quebec.
RADISSON MINING RESOURCES, $1.10, is a buy. The company (Toronto Venture Exchange symbol RDS; TSINetwork Rating: Speculative) (radissonmining.com; Shares o/s: 455.0 million; Market cap: $500.5 million; No dividends paid) is focused on advancing its O’Brien gold project in the Abitibi region of Quebec.
TALON METALS, $9.02, shot up as high as $11.20 a share on September 10 for a whopping gain of 89.8% from when we first recommend the stock in our August 2026 issue at $5.90 a share.
Meantime, the stock has moved down since then, but is still up 53% from our first recommendation!
Meantime, the stock has moved down since then, but is still up 53% from our first recommendation!
NUTRIEN LTD. $112 is now conducting a strategic review of its phosphate operations. That business accounted for 4% of its total revenue in the latest quarter. The company may also sell its Trinidad nitrogen facility, which it shut down in 2025,along with its retail operations in Brazil, which sell fertilizers and seeds to farmers.
hese moves would let Nutrien focus on its main potash and nitrogen fertilizer operations, as well as 1,800 locations retail stores in North America, South America and Australia.
hese moves would let Nutrien focus on its main potash and nitrogen fertilizer operations, as well as 1,800 locations retail stores in North America, South America and Australia.
NEWMONT CORP., $125.16, 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: $131.9 billion; TSINetwork Rating: Average; Dividend yield: 0.9%; newmont.com) has settled its dispute with rival gold miner Barrick Mining (Toronto symbol ABX).
Right now, the two firms own a joint venture that operates gold mines in Nevada, including the Carlin, Cortez and Turquoise Ridge properties.
Right now, the two firms own a joint venture that operates gold mines in Nevada, including the Carlin, Cortez and Turquoise Ridge properties.
LUNDIN MINING CORP., $35.25, is a buy. The company (Toronto symbol LUN; TSINetwork Rating: Extra Risk) (www.lundinmining.com; Shares outstanding: 851.3 million; Market cap: $30.0 billion; Dividend yield: 0.3%) is a Toronto-based producer of copper, zinc, gold and nickel. It has operations and projects in Argentina, Brazil, Chile, Portugal, Sweden and the U.S.
In the quarter ended June 30, 2026, Lundin’s revenue was $1.21 billion, up 38.1% from $878.2 million a year earlier. (All figures in U.S. dollars except share price and market cap).
In the quarter ended June 30, 2026, Lundin’s revenue was $1.21 billion, up 38.1% from $878.2 million a year earlier. (All figures in U.S. dollars except share price and market cap).