Topics
A: US Critical Metals Corp., $0.38, symbol USCM on the Canadian Securities Exchange (CSE) (Shares outstanding: 30.3 million; Market cap: $11.4 million; www.uscmcorp.com), is focused on mining projects in the U.S.


Through joint ventures with public and private-sector partners, the company has a stake in several rare-earth mining projects—all exploratory or in early stages of development.
A: Kinross Gold Corp., $25.17, symbol K on Toronto (Shares outstanding: 1.2 billion; Market cap: $30.5 billion; www.kinross.com), is a senior gold mining company with a diverse portfolio of mines and projects.


In the U.S., the company operates mines in Nevada (Round Mountain and Bald Mountain) and in Alaska (Fort Knox as well as the Manh Choh development project). In Canada, it owns the Great Bear development project in Red Lake, Ontario, while in Brazil, Kinross operates Paracatur, a mine in the Minas Gerais region. Also in South America, it operates the La Coipa mine in the Atacama region of Chile, along with the large Lobo-Marte development project. In Africa, the company’s Tasiast mine in Mauritania benefits from expanding production.
A: We continue to like the outlook for one of our TSI Stocks of the Year for 2025, FirstService Corp., $270.32, symbol FSV on Toronto (Shares outstanding: 45.4 million; Market cap: $12.4 billion; TSINetwork Rating: Extra Risk; www.firstservice.com). The company offers management services to condominium corporations and a growing list of niche services to individual homeowners (see below).


FirstService boosted its earnings 27% in the most-recent quarter through its well-managed acquisition of several small firms. Those businesses depend on recurring business from existing homeowners and are less vulnerable to the ups and downs of new home sales. They also immediately added to the company’s overall revenue and earnings.
We have seen a nice increase in questions from our Inner Circle members over the last quarter or so. (Just below is a prime example.) Your emails have kept us busy, and they offer insights into what investment issues have seized your attention. Keep the emails coming!
METRO INC., $105.70, is a buy. The company (Toronto symbol MRU; Shares outstanding: 218.1 million; Market cap: $23.1 billion; TSINetwork Rating: Average; Dividend yield: 1.4%; www.metro.ca) operates 999 grocery stores and 639 drugstores, in Quebec, Ontario and New Brunswick.


Metro continues to improve its efficiency. For example, the company recently opened two new distribution centres in Terrebonne, Quebec, and Toronto. Both of these facilities use automated equipment to handle fresh and frozen foods. That will cut long-term labour costs.