New contract should lead to more

Article Excerpt

FINNING INTERNATIONAL INC. $28 (Toronto symbol FTT; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 171.4 million; Market cap: $4.8 billion; Price-to-sales ratio: 1.0; Dividend yield: 1.7%; TSINetwork Rating: Above Average; www.finning.com) will supply mining equipment and services to Thompson Creek Metals Company Inc. (Toronto symbol TCM) for its Mt. Milligan gold/copper mine in B.C. The company will begin fulfilling this contract in 2012. It did not reveal the value of this contract, but it could lead to more deals, as the mine’s reserves should last 22 years. Finning is a buy. buy…