Mining stocks are investments in companies that produce or explore for minerals. Some of these minerals include uranium, coal, molybdenum (which is used in steelmaking), copper, silver and gold. They are affected by fluctuating commodity prices in addition to their own business and operating risks.
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:
 How Mining Stocks make a differenceLearn everything you need to know in ‘The Complete Guide to Mining Stocks’ for FREE from The Successful Investor. Best Canadian Mining Stocks TSX: Plus Gold Stocks, Canadian Diamond Mines and more. |
The best mining investment picks are well-financed or have a partnership with a major that will help them keep developing. That’s just one of our key tips.
Mining is inherently a politically vulnerable business; you can’t move the mine to another country to escape political trends… Read More
Investing in mineral company stocks can be profitable if you choose the right ones. But investing too heavily in low-quality juniors can lead to big losses. Learn more now.
Good mineral company stocks have a range of development projects, but their strong base of production cuts… Read More
Nutrien has demonstrated remarkable resilience in the face of economic headwinds. Despite a challenging fiscal year that saw the company write down its South American retail businesses by $465 million due to higher interest rates and a subdued profit outlook, the firm emerged with robust… Read More
Teck Resources has successfully negotiated the sale of its coal business, Elk Valley Resources, for $9.0 billion U.S.
It’s now focused purely on zinc and copper as it looks to expand the second phase of a huge copper mine in Chile. The firm is even looking… Read More
Barrick Gold’s strategic operations, including the recent regulatory approval to start up the Goldrush underground mine and the resumption of operations at the Porgera mine, indicate a strong potential for future growth and profitability.
What’s more, the company’s mining operations across the U.S., Canada, Africa, South… Read More
Tap into our mining investment resources to make sure you’re looking at all factors when investing in mining stocks
Mining stocks can generally be broken up into two categories, majors and juniors. Majors are typically mining companies that have been in the mining business for many… Read More
When investing in rare earth metals, you need to look beyond just geological considerations to the unique geographical and political environment that the mining company works in.
For most investors, profiting from rare earth metals involves buying shares of companies that explore for, mine and refine… Read More
Now is a good time to invest in copper–and here’s how to pick the best stocks
Traditionally, people invest in copper as a way to profit from general economic growth. Copper has a wide range of industrial uses (unlike gold and silver, which are thought of… Read More
A major strategic acquisition has led to Newmont’s 6.7% increase in gold production in the most recent quarter.
Now the company plans to sell six of its less-important mines and focus on its 10 top-tier mines in North America, South America, Australia, Papua New Guinea, and… Read More
The shares of Nutrien shot up to an all-time high in April 2022 following Russia’s invasion of Ukraine. Russia and its ally Belarus are major producers of potash fertilizer and the war’s economic sanctions hindered their exports.
However, fertilizer prices are subject to a wide variety… Read More
Uranium stocks offer long-term promise—here’s how to pick the best ones
Uranium stocks are shares in companies that explore for, mine and refine the metal uranium.
Uranium’s long-term outlook is positive, but supply remains much higher than demand. That has kept prices low, although the industry’s largest… Read More
Demand for Major Drilling’s specialized services, especially from senior gold producers and Australia’s largest mining companies, is now recovering. We think there are still gains ahead for this stock and its investors.
The acquisition of a specialty contractor has expanded the firm’s international client reach even… Read More
Lower potash prices and temporary mechanical issues at a port led to a 19.7% revenue drop for Nutrien during the most-recent quarter.
However, the company’s fundamentals remain sound and fertilizer prices are likely to increase over the long term. Meanwhile, the stock trades at 11.5 times… Read More
Teck has diversified operations in a number of key materials industries and is actively exploring ways to unlock value across its portfolio.
Several plans are being made and the company has plenty of options available.
Meanwhile the stock trades at just 9.5 times the company’s 2023 earnings… Read More
Slightly lower production overcame a slightly higher gold price to generate 7.4% lower revenue for Barrick during the most-recent quarter.
However, the fundamentals remain strong as the company focuses on building new mines rather than making acquisitions.
The stock trades at just 14.1 times the company’s 2023… Read More
We feel virtually all investors should have some gold exposure like Newmont, if only because inflation remains a risk for the long term. High-quality gold producers provide your most practical choice. The best gold mining stocks also pay you dividends which will rise along with… Read More
A slight decline in gold production and prices resulted in a 7.4% revenue drop in the most-recent quarter for Barrick Gold.
However, earnings still beat estimates and the firm continues to pay a performance dividend each quarter.
The stock trades at 23.0 times the company’s 2023 earnings… Read More
Nutrien, formed by the merger of Agrium Inc. and Potash Corp, is set to see its earnings rebound this year on stronger prices and demand
Agrium Inc. completed its merger with Potash Corp in 2019. The new combined company, Nutrien, has benefited from higher commodity prices… Read More
Lower production and realized gold prices led to a 9% revenue drop for this company during the most-recent quarter. Higher costs also cut earnings 55%.
However, this company has high quality reserves and offers a fundamentally-strong bet against inflation and a weaker U.S. dollar. A planned… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on a major gold mining company with operations in four countries.
Pat likes the firm’s track record of growing production, revenues and earnings and that its mines and projects are located in countries with… Read More
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