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As of 12:00 p.m. EDT Tuesday, the price of an ounce of gold was sitting at $3,340 U.S. That represents a 35% rise from where it stood at the start of the year.
For established miners, the impressive rise is a significant incentive to lift output, where possible. For junior miners sitting on as-yet-untapped deposits, the price jump is even more of an incentive to speed toward production.
For established miners, the impressive rise is a significant incentive to lift output, where possible. For junior miners sitting on as-yet-untapped deposits, the price jump is even more of an incentive to speed toward production.
NUTRIEN LTD. $78 is a buy. The company (Toronto symbol NTR; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 485.9 million; Market cap: $37.9 billion; Price-to-sales ratio: 1.1; Dividend yield: 3.8%; TSINetwork Rating: Average; www.nutrien.com) is the world’s largest producer of agricultural fertilizers, including potash, nitrogen and phosphate.
Potash sales volumes in the three months ended June 30, 2025, rose 12.0% to 3.99 million tonnes. That’s due to stronger demand in North America. Selling prices also improved 17.0%.
Potash sales volumes in the three months ended June 30, 2025, rose 12.0% to 3.99 million tonnes. That’s due to stronger demand in North America. Selling prices also improved 17.0%.
IMPERIAL OIL LTD. $95 is a buy. The company (Toronto symbol IMO; Conservative and Income Growth Portfolios, Resources sector; Shares outstanding: 509.0 million; Market cap: $48.4 billion; Price-to-sales ratio: 1.0; Dividend yield: 3.0%; TSINetwork Rating: Average; www.imperialoil.ca) gets over 90% of its production from oil sands operations in Alberta. Its other operations include three refineries (one in Alberta, two in Ontario) and a petrochemical plant in Sarnia, Ontario. U.S.-based ExxonMobil (New York symbol XOM) owns 69.6% of Imperial.
So far, the new U.S. tariffs on imports of Canadian energy have had little impact on Enbridge. That’s mainly because the tariffs are paid by oil and gas producers, not pipeline operators. Despite the uncertainty, the company’s volumes remain strong.
Another plus for investors is that Enbridge gets 98% of its gross earnings from its regulated operations or take-or-pay contracts. Its recent acquisition of U.S. gas distribution utilities also cuts your risk.
Enbridge now expects those new assets will increase its cash flow by 5% annually after 2026. That will let the company keep raising your dividend, as it has each year for the past 30 years.
Another plus for investors is that Enbridge gets 98% of its gross earnings from its regulated operations or take-or-pay contracts. Its recent acquisition of U.S. gas distribution utilities also cuts your risk.
Enbridge now expects those new assets will increase its cash flow by 5% annually after 2026. That will let the company keep raising your dividend, as it has each year for the past 30 years.
Colliers is up 12% since the start of 2025, partly because recent acquisitions are fuelling its earnings. While using acquisitions to grow add risk, the company targets smaller firms that are easier to absorb. Despite its recent rise, the stock remains attractive in relation to its earnings, particularly as it gets more that 70% of its revenue from long-term service contracts.