Q: Pat, I would appreciate your comments on lithium stock Nemaska Lithium (NMX). Thank you.

A: Nemaska Lithium, $0.15, symbol NMX on Toronto (Shares outstanding: 847.6 million; Market cap: $131.4 million; www.nemaskalithium.com), is developing a lithium mining and processing operation in Quebec.

Lithium is used in household batteries, glass and ceramics, lubricants, refrigeration, pharmaceuticals, polymers and aluminum production. But the metal… Read More

Finning’s strong heavy equipment sales back its 3.5% yield

Improved sales of equipment and services on three continents led to this company’s 15.4% revenue jump in the most-recent quarter.

Its latest dividend hike in June 2019 further adds to its appeal and supports its high 3.5% yield.

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FINNING INTERNATIONAL INC. (Toronto symbol FTT; www.finning.com) sells and… Read More

Caterpillar dealers offer income—and growth

FINNING INTERNATIONAL INC. $22 (Toronto symbol FTT; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 168.2 million; Market cap: $3.7 billion; Dividend yield: 3.7%; Dividend Sustainability Rating: Above Average; www.finning.com) sells and services Caterpillar-brand heavy equipment in Western Canada, South America and the U.K.
Starting with the… Read More

Nutrien ends North African deal

Morocco mining accounts for about 21% of the country’s total exports. The country is a top producer of phosphates and more-modest volumes of gold, silver, zinc, copper and cobalt. Morocco’s mining industry operates under a well-established regulatory code that supports a stable operating environment. That… Read More

Drilling rebound will spur their gains

MAJOR DRILLING $4.90 (Toronto symbol MDI; TSINetwork Rating: Speculative) (1-866-264-3986; www.majordrilling.com; Shares outstanding: 80.3 million; Market cap: $393.5 million; No dividends paid) is a large contract driller that mainly serves the mining industry.
Major believes that mining activity continues to deplete the world’s more easily accessible mineral reserves. That… Read More

These 3 ETFs offer low-fee gold exposure

An improved U.S. economy and low unemployment led the U.S. Federal Reserve to raise interest rates three times in 2017 and twice so far this year. That dampens the risk of a falling U.S. dollar and much-stronger inflation. Typically, both of those factors are needed… Read More