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  • Best Copper Stocks to Invest in For the Long Term

    Best Copper Stocks to Invest in For the Long Term

    Copper remains one of the most widely used metals, covering a range of different applications.

    It is the reason that stocks with exposure to this crucial commodity are widely followed by investors across the globe.

    Copper is not only fundamental to the world’s industries and to wider development but its price is also seen as being one of the leading indicators of the global economy.

    For this reason, Copper stocks have also gathered a reputation of being ideal inflation-hedging stocks.

    With the fears of a global recession impending, Copper prices had seen a steady decline throughout the prior months.

    The situation now appears less dire, and with the relaxation of Covid-19 restrictions on China, demand may see a surge in the short term.

    Many in the market perceive the present situation as being an ideal entry point for those looking to invest in Copper stocks.

    In light of this, we bring to you some of the best options for you to consider, which will ensure long-term portfolio growth.

    What Is The Best Copper Stock?

    The quest for the best copper stock hinges on various factors, such as market conditions, a company’s financial health, and its growth prospects.

    While numerous copper-related companies exist, a standout candidate might be one with robust fundamentals, a diversified portfolio, and a solid track record.

    Investors should scrutinize key players like Freeport-McMoRan, BHP Group, or Rio Tinto for their operational efficiency and long-term sustainability.

    Additionally, considering the copper industry’s sensitivity to geopolitical shifts and global demand, a comprehensive analysis is crucial. Remember, what might be the best copper stock today could change, making ongoing research vital for informed investment decisions.

    What Are Copper Futures?

    Copper futures are financial contracts that enable traders to speculate on the future price movements of copper.

    These agreements set a predetermined price for the delivery of a specific amount of copper at a future date.

    Investors use copper futures to hedge against price volatility or to profit from anticipated price fluctuations.

    Trading on recognized exchanges, such as the CME Group or the London Metal Exchange, copper futures provide liquidity and transparency.

    However, they come with inherent risks due to the volatile nature of commodity markets.

    As a result, individuals or companies engaging in copper futures should be well-informed and have a risk management strategy.

    Top Copper Stocks to Buy In 2023

    1. Capstone Copper Corp.

      To start with our list of best copper stocks, we take a look at Canadian mining company, Capstone Copper Corp. (OTC: CSCCF).

      Capstone primarily focuses on copper mining throughout the Western hemisphere, particularly in the northern and Central Americas.

      Despite falling copper prices worldwide, as well as the fears of a looming recession, Capstone had seen a rise of nearly 36% since the start of the year.

      This fundamental improvement alone suggests a serious undervaluation of the stock, which is due for a significant correction in the short term.

      To add to Capstone’s prospects, its management recently announced a critical update relating to its Mantos Blancos project.

      According to Capstone, the Mantos Blancos Concentrator Debottlenecking project has been a major success and has met all the objectives that had been laid out.

      In non-technical terms, this would allow the company to extract higher volumes of copper in the site, for a longer duration of time.

      The combined result of both these aspects is a larger gap between the company’s actual and target price. CAD, therefore, presents a stellar opportunity to invest in copper for long-term growth.

    2. Imperial Metals Corporation

      For the second number on our list of best copper stocks, we turn to Imperial Metals Corporation (OTC: IPMLF).

      Imperial Metals stands as one of the best-positioned stocks to capture the oncoming copper boom and has been incorporated as far back as the 1950s.

      This gives the company a rich experience, which allows it to maneuver through the metals industry, amidst wider uncertainties.

      IPMLF holds significant exposure to rising copper prices, given its 100% ownership of Mount Polley, within which seven copper mining leases are included.

      Similarly, the company also owns a 30% stake in the Red Chris, which is an open-pit gold and copper mine that delivers 30,000 tons of metal per day.

      Imperial Metal’s profile as well as its strategic positioning makes it of the best names in the Copper industry for one to bet on.

      Similarly, it is also one of the safest stocks on this list, as it delivers complete exposure to copper gains, whilst also cushioning against volatility.

      It does this given its wider exposure to other metal classes such as gold, lead, and zinc.

      At present, the company’s cash holdings and inventory stand at $34.84 million and $46.62 million, respectively.

      Moreover, Imperial Metals is fully debt-free, which further enhances its overall safety factor for investors looking to invest in copper.

    3. Tech Resources Limited

      Number three copper stock on our list is the metals mining giant, Tech Resources Ltd. (NYSE: TECK) The company, is valued at almost $22 billion, indicating the scale of its business.

      Although TECK presently stands as the world’s largest Zinc producer, it has disclosed its ambitions to heavily enhance its copper exposure.

      Specifically, the company aims to increase its copper output by a staggering 40% to 375,000 tonnes this year from 270,000 tonnes produced in 2022 and become a top 10 producer of the lucrative metal.

      This shift has just opened up a substantial opportunity in the world of copper for investors looking to climb aboard the growth train.

      TECK brings some excellent strength, which other copper stocks simply do not compete with.

      For one, the company brought in recorded revenue of $3.2 billion in the recent quarter with an EPS of $0.98.

      It also has a median PE figure of 8.29, making its valuation not just attractive, but extremely attractive.

      Similarly, its buyback programs are aimed at returning value to shareholders in a strategic and timely manner.

      TECK has all the great markings of a stock that is a screaming buy. The stock is likely to soar in the long term.

    4. Lundin Mining Corporation

      Moving on to our list of best copper stocks is Lundin Mining Corp. (OTC: LUNMF). Lundin is a diversified base metal miner with a truly global presence.

      With a presence in Argentina, Brazil, Portugal, Sweden, and the United States, the company has an extensive copper supply chain network.

      This factor alone gives Lundin a tremendous competitive edge over its peers.

      A recent technical report on the company’s Candelaria plant demonstrates that it is fully able to maintain an output of 29 million tons of ore per annum until at least 2040.

      This mine, in Chile, presently reflects nearly 44% of Lundin’s total revenue.

      Considering that the present value of the Candelaria plant alone amounts to over $5 billion, the company’s total market capitalization of $6.7 billion may be up for serious upward correction.

      This is especially true when factoring in all other mining sites and assets which account for 56% of Lundin’s revenues.

      As per the company’s latest quarterly release, it has a total cash holding of $191 million and an asset total of over $8 billion.

      This indicates the robust financial position the company holds, as well as promising prospects.

      Lundin offers stability and predictable growth, for all those seeking to win big in the copper industry.

    5. Copper Mountain Mining Corporation

      The last copper stock on our list is that of Copper Mountain Mining Corporation (OTC: CPPMF).

      Copper Mountain is a Canadian company with assets in both Canada and Australia, which explores copper, gold, and silver.

      As its name suggests, however, copper is the prime focus of the company’s entire business model.

      Copper Mountain is a great copper stock for those seeking exposure to this lucrative industry.

      There are several reasons to believe the company could boost its organic production in the short term, given some key information delivered by its management.

      For one, the company has in the works some substantial plant improvements, which include a massive expansion of the floatation circuit of its flagship project, Copper Mountain, in Canada.

      Copper Mountain is in its fourth phase of the extraction cycle, and the expansion would allow for enhanced copper recovery.

      To further enhance extraction, the discovery of higher-grade copper within the site will result in fewer impurities and therefore higher overall production.

      Moreover, the company’s Eva copper project in Queensland, Australia has achieved a new milestone post-discovery, which will allow for a surge in its production.

      The CPPMF management remains certain that each of these positive updates could see present levels of production almost tripling in the next couple of years.

      The profitable enterprise has just been bought by Hudbay Minerals through executing its previously revealed court-endorsed plan with Copper Mountain.

      As part of the deal, Hudbay has secured all of Copper Mountain’s current ordinary stocks, in June 2023.

      Consequently, Copper Mountain has transformed into a wholly-owned subordinate of Hudbay.

    The list of copper stocks has also been expanded with 10 more stocks.

    1. Ero Copper Corp. (ERO)
    2. BHP Group Limited (BHP)
    3. Taseko Mines Limited (TGB)
    4. Ivanhoe Electric Inc. ( IE)
    5. Rio Tinto Group (RIO)
    6. Southern Copper Corporation (SCCO)
    7. Freeport-McMoRan Inc. (FCX)
    8. Hudbay Minerals Inc. (HBM)
    9. McEwen Mining Inc. (MUX)
    10. Gatos Silver, Inc. (GATO)
    11. Compania de Minas Buenaventura S.A.A. (BVN)
    12. Avino Silver & Gold Mines Ltd. (ASM)

    Copper Price Forecast

    Copper price forecast refers to the projection of future copper prices in the market based on various economic, geopolitical, and industrial factors.

    Analysts and experts analyze supply and demand dynamics, global trade patterns, and technological advancements to predict potential fluctuations in copper’s value.

    These forecasts aid businesses, investors, and policymakers in making informed decisions, mitigating risks, and planning for market changes.

    Copper & Copper Investment Basics

    Copper investment presents a compelling opportunity due to its industrial importance, inflation hedging potential, and diversification benefits.

    A well-informed and balanced approach can unlock the potential of this essential red metal for a diversified investment strategy.

    • The Appeal of Copper

      Copper, the versatile “red metal,” holds a unique allure in the investment world.

      Its exceptional conductivity, corrosion resistance, and malleability make it a vital component in various industries, including electronics, construction, and renewable energy.

    • Supply and Demand Dynamics

      The interplay of global supply and demand greatly impacts copper prices.

      Emerging economies’ growth, infrastructure development, and technological advancements influence demand, while mine output, labor disputes, and geopolitical factors affect supply.

    • Inflation Hedge

      Copper investment is often considered an inflation hedge. During times of rising inflation, its value tends to rise due to increased demand for commodities as a store of wealth.

    • Diversification Benefits

      Adding copper to an investment portfolio can enhance diversification, as it may not always move in tandem with other assets, like stocks and bonds.

    • Mining Companies Vs. Copper ETFs

      Investors can access copper through mining company stocks or copper-focused exchange-traded funds (ETFs).

      Each option has its pros and cons, depending on risk appetite and investment strategy.

    • Long-Term Prospects

      Copper’s long-term prospects remain positive, driven by the ongoing global shift toward renewable energy, electric vehicles, and the expansion of smart infrastructure.

    • Geopolitical Risks

      Investors must be mindful of geopolitical risks, as copper production is concentrated in a few countries, and changes in policies or disruptions can impact the market significantly.

    • Environmental Considerations

      Environmental concerns surrounding copper mining and its carbon footprint can influence investor sentiment and prompt a shift toward sustainable practices.

    • Technological Advancements

      Advancements in copper recycling and innovative usage in high-tech applications may further boost demand and open up new investment opportunities.

    • Market Volatility and Risk Management

      As with any commodity, copper prices can be volatile. Employing risk management strategies is crucial to navigate market fluctuations and protect investment capital.

    • Global Economic Indicators

      Monitoring macroeconomic indicators like GDP growth, manufacturing activity, and trade patterns can provide valuable insights into copper’s demand outlook.

    • Regulatory and Policy Impacts

      Changes in mining regulations, trade policies, or environmental standards can exert significant influence on the copper market and require careful consideration by investors.

    • Market Sentiment and Speculation

      Market sentiment and speculative trading can sometimes lead to short-term price swings.

      This makes it essential for investors to differentiate between genuine trends and speculative bubbles.

    • Industrial Labor Market

      Fluctuations in labor availability, particularly in mining-intensive regions, can affect production levels and potentially impact copper prices.

    • Technological Substitutes

      Despite copper’s remarkable properties, technological advancements may introduce substitutes, potentially affecting its long-term demand outlook.

    Who Can Invest In Copper?

    Investing in copper is not restricted to a specific group, making it accessible to various individuals and entities.

    Copper appeals to both individual retail investors as well as institutional investors seeking portfolio diversification and inflation hedges.

    Furthermore, mining companies and manufacturing firms often invest in copper to secure a stable supply for their operations.

    Additionally, copper exchange-traded funds (ETFs) offer an opportunity for passive investment.

    With copper’s vital role in numerous industries, its investment appeal transcends borders and attracts a wide range of stakeholders, contributing to its global investment popularity.

    How To Invest in Copper

    Investing in copper can be a lucrative venture due to its diverse industrial applications and growing demand. Here’s how you can invest in copper directly and indirectly:

    • Investing In Copper Directly

      • Copper Futures

        Trade on commodity exchanges, allowing you to speculate on copper’s future price movements.

      • Copper Stocks

        Invest in mining companies engaged in copper extraction, production, and exploration.

      • Copper Bullion

        Purchase physical copper bars or coins as a tangible asset with the potential for long-term value appreciation.

    • Investing In Copper Indirectly

      • Copper ETFs

        Opt for Exchange-Traded Funds focused on copper mining stocks, offering diversified exposure to the industry.

      • Copper-Dependent Industries

        Invest in sectors like construction, electronics, and renewable energy that heavily rely on copper, indirectly benefitting from its demand surge.

    Pros & Cons of Investing In Copper

    Pros Cons
    Diverse Industrial Uses Price Volatility
    Global Demand Economic Dependency
    Limited Supply Environmental Concerns
    Inflation Hedge Geopolitical Risks
    Infrastructure Growth Support Technological Substitution
    Potential for Capital Growth Cyclical Industry
    Copper Recycling Currency Fluctuations
    Emerging Market Growth Labor Conditions
    Copper as a Dr. Copper Regulatory Changes
    Portfolio Diversification Speculative Investment

    Researching Copper Investments

    Researching copper investments requires a comprehensive approach, combining technical analysis, fundamental research, and a keen understanding of geopolitical trends.

    It’s essential to stay patient, diligent, and informed throughout the investment journey.

    • Understanding Copper’s Role in The Global Economy

      Copper is a vital industrial metal, with extensive applications in construction, electronics, transportation, and renewable energy sectors.

      Investigate how copper demand is influenced by economic trends and technological advancements.

    • ESG Factors In Copper Mining

      Environmental, Social, and Governance (ESG) considerations are crucial for responsible investing.

      Conduct research on mining companies’ sustainability practices, labor conditions, and their impact on local communities.

    • Technological Advancements in Copper Production

      Investigate emerging technologies that could impact copper mining and refining processes.

      Innovations like leaching techniques, recycling, and energy-efficient extraction methods may influence the industry’s profitability.

    • Future Outlook for Copper

      Explore long-term projections for copper demand and supply.

      Consider factors like urbanization, technological advancements, and climate change policies that may influence copper’s future value.

    • Risk Management and Exit Strategies

      Establish clear risk management and exit strategies based on thorough research.

      Determine price targets, stop-loss levels, and the maximum allocation of your portfolio to copper investments.

    • Consultation With Industry Experts

      Seek advice from financial advisors or industry experts experienced in copper investments. They can offer valuable insights and help you navigate the complexities of the market.

    • Legal and Regulatory Considerations

      Understand the legal and regulatory framework governing copper investments, both domestically and internationally.

      Comply with tax regulations and stay informed about any policy changes that may impact your investments.

    Trends In Copper Stocks

    In recent times, trends in copper stocks have witnessed significant fluctuations, influenced by global economic conditions and supply chain disruptions.

    Growing demand for renewable energy and electric vehicles has led to an increased need for copper, driving its prices upward.

    Additionally, geopolitical tensions and trade policies have impacted copper supply and trade dynamics, resulting in unpredictable market movements.

    Moreover, sustainability concerns have prompted investors to focus on eco-friendly mining practices and ethically sourced copper.

    Technological advancements in extraction methods and recycling processes are also reshaping the industry.

    Amidst these challenges and opportunities, investors are closely monitoring copper stocks for diversification and potential long-term gains.

    Risks Of Copper Stock Investing

    Risk Category Description
    Market Risk Volatility, Price Fluctuations, Market Sentiment, Economic Conditions, Global Demand
    Supply Risk Production Disruptions, Resource Depletion, Mining Strikes, Political Unrest
    Demand Risk Economic Growth, Industrial Demand, Technological Shifts, Substitutes
    Currency Risk Exchange Rates, Forex Fluctuations, International Trade, Inflation
    Geopolitical Risk Trade Wars, Sanctions, Tariffs, Political Instability
    Environmental Risk Environmental Regulations, Pollution Control, and Sustainability Concerns
    Financial Risk Debt Levels, Interest Rates, Credit Ratings, Liquidity
    Company-Specific Risk Management Decisions, Financial Performance, Labor Issues, Legal Disputes
    Commodities Risk Commodity Price Volatility, Speculative Trading, Supply/Demand Imbalances
    Macroeconomic Risk GDP Growth, Unemployment, Inflation, Fiscal Policies

    Conclusion

    The opportunity present in the copper stocks has gone far too long unnoticed. It is about time the market turns focus toward this lucrative metal.

    Following the brief price dip since the start of the year, the forward-looking opportunity looks especially promising.

    This is especially so because Chinese industries are likely to resume full-throttle operations in the coming months, as a result of the relaxations of Covid-related restrictions.

    Each of the stocks in this list is highly likely to fly high in the upcoming demand surge that copper is on the verge of experiencing.

    FAQs

    Should You Invest in Copper Stocks?

    Investing in copper stocks can be a smart move due to copper’s vital role in various industries like construction, electronics, and renewable energy.

    As global demand rises, copper’s value is likely to appreciate. However, be mindful of market volatility and supply fluctuations.

    Diversify your portfolio and research thoroughly before investing.

    The Investment Opportunity for Copper

    Copper presents an exceptional investment opportunity due to its indispensability in various industries, including electronics, construction, and renewable energy.

    Growing demand, coupled with limited supply, boosts its long-term value.

    As technology advances, copper’s role will become even more critical, making it an attractive asset for investors seeking stable and sustainable returns.

    Why Are Experts Predicting A Rise In Copper Prices?

    Experts are predicting a rise in copper prices due to several factors. Growing demand from emerging economies, such as China and India, is expected to fuel consumption.

    Additionally, the shift towards renewable energy and electric vehicles requires substantial copper for infrastructure.

    Supply constraints from mining disruptions and geopolitical tensions add further pressure, leading to a bullish outlook.

    Is It Good To Invest In Copper Now?

    Investing in copper can be a promising opportunity now. Its vital role in various industries like construction, electronics, and renewable energy ensures consistent demand.

    The push for green technologies further boosts copper’s prospects. However, risks exist due to global economic fluctuations and geopolitical factors.

    Diversification and careful analysis are essential for successful copper investments.

  • Teck Resources Limited (NYSE: TECK) expanding its Copper and Health program to Chile

    Teck Resources Limited (NYSE: TECK) expanding its Copper and Health program to Chile

    Teck Resources Limited (NYSE: TECK) confirmed that it is extending its Copper and Wellness initiative to Chile, working on a pilot project at Iquique Hospital with leading national health practitioners and academics.

    An analysis of copper surfaces and textiles will be undertaken by researchers from Universidad del Desarrollo (UDD) and Núcleo Milenio MICROB-R, with funding from Teck, to determine the potential of copper to minimize the occurrence of in-hospital infections.

    Copper oxide surfaces are inherently antimicrobial with self-sanitizing properties, with studies finding that up to 99.9 percent of dangerous bacteria and viruses that cause inflammation are killed by these surfaces, including bacteria with high resistance to antibiotics. In addition, copper is safe for individuals and the atmosphere and is the only solid metal contact surface registered by Health Canada and the US Environmental Protection Agency as a public health good.

    Moreover, President and Chief Executive Officer Don Lindsay of Teck Resources Limited (NYSE: TECK) will present at the Scotiabank Mining conference on Tuesday, December 1, 2020, at 10:00 a.m. Eastern/7:00 a.m. Pacific time. Details on corporate strategies, financial results, and forecasts for the business units of the company will be included in the investor presentation.

    Via the following page, the fireside chat presentation will be webcast at https:/wsw.com/webcast/bns8/teck/1599741.

    Additionally, the accompanying slides webcast will be accessible on the Teck website at www.teck.com.

  • 20 Trending Stocks In Metals Mining Industry To Invest In

    20 Trending Stocks In Metals Mining Industry To Invest In

    The mining industry has experienced many challenges in the past few years. The mining industry is recovering from the uncertain period of the year. As we are now in the era of the fourth industrial revolution, digitization is providing technological advancements for the mining sector. This industry reach is so wide that many that the utilization rate of metal is the main factor that determines the health of the global economy.

    There are few trends in the mining sector that the mining companies can adopt to gain a competitive edge. These trends include dynamically managing risk, the path to decarbonization, modernizing core technologies, and various opportunities in the period of uncertainty.

    Here are the top 20 companies in the mining sector which are following new trends to compete in the fast-growing market:

    Westwater Resources Inc. (NASDAQ: WWR)

    Westwater Resources Inc. (NASDAQ: WWR) shares were trading up 49.32% at $4.42 at the time of writing on Friday. Westwater Resources Inc. (NASDAQ: WWR) share price went from a low point around $0.25 to briefly over $9.25 in the past 52 weeks, though shares have since pulled back to $4.42.

    Westwater Resoruces Inc. applauds the President’s Executive Order signed on September 30, 2020, that addresses the threat to the U.S. domestic supply chain from reliance on critical minerals from foreign adversaries. WWR market cap has remained high, hitting $24.49M at the time of writing.

    Vale S.A. (VALE)

    Vale S.A. (VALE) stock drop by -0.19% to $10.39. The most recent rating by Exane BNP Paribas, on June 05, 2020, is at an Outperform. Vale S.A. (VALE) has announced earlier it will end production of manganese ferroalloys in the city of Simões Filho, in Bahia state, the company said in a filing on Monday. The company projects to execute the shutdown by the end of the year. This company market capitalization has remained high, $55.11 billion at the time of writing.

    Northern Dynasty Minerals Ltd. (AMEX: NAK)

    Northern Dynasty Minerals Ltd. (AMEX: NAK) shares headed falling, lower as much as 0.00%. The most recent rating by H.C. Wainwright, on October 19, 2017, is at a Buy. Northern Dynasty Minerals Ltd. (NAK) has earlier issued a Technical Report on Alaska’s Pebble Project, including a revised mineral resource estimate disclosed in August that establishes Pebble as the single most significant source of Rhenium in the world.

    Teck Resources Limited (NYSE: TECK)

    Teck Resources Limited (NYSE: TECK) rose 1.42% after gaining more than $0.2 on Friday. Teck Resources Limited (TECK) has earlier disclosed that it has named Alejandro Vásquez as the Vice President, South America. Mr. Vásquez is responsible for Teck’s operating assets in South America and Teck’s corporate office in Santiago. Justine Fisher has been named Vice President and Treasurer, following the retirement of Scott Wilson.  Amber Johnston-Billings has been named Vice President, Communities, Government Affairs, and HSEC Systems effective October 12, following the retirement of Mark Edwards.

    Rio Tinto Group (NYSE: RIO)

    Rio Tinto Group (NYSE: RIO) stock soar by 1.12% to $60.49. The most recent rating by Credit Suisse, on September 30, 2020, is at a Neutral. Rio Tinto Group (RIO) disclosed that it was ready to talk to stakeholders over allegations of human rights breaches at a giant copper mine in Bougainville that it formerly owned after community members filed a complaint with the Australian government.

    BHP Group (NYSE: BHP)

    BHP Group (NYSE: BHP) Shares headed rising, higher as much as 0.23%. The most recent rating by Credit Suisse, on September 30, 2020, is at an Outperform. BHP Group (BHP) revealed earlier that the destruction of a 43,000-year old Aboriginal rock shelter in Australia by fellow miner Rio Tinto had impacted the trust between Indigenous landowners and the resource industry. This company has a total market capitalization of $121.45 billion at the time of writing.

    Great Panther Mining Limited (AMEX: GPL)

    Great Panther Mining Limited (AMEX: GPL) last closed at $0.87, in a 52-week range of $0.23 to $1.07. Great Panther Mining Limited (GPL) has disclosed the publication of its first Sustainability Report highlighting the progress, initiatives, and commitments in the areas of health, safety, environmental, social, and governance management.

    SilverCrest Metals Inc. (AMEX: SILV)

    SilverCrest Metals Inc. (AMEX: SILV) stock drop by -3.00% to $8.40. The most recent rating by B. Riley FBR, on March 03, 2020, is at a Buy. SilverCrest Metals Inc. (SILV) is pleased to announce the appointment of Tara Hassan as Vice President, Corporate Development. Ms. Hassan is a mining engineer with over 15 years of industry experience, including mine operations, mining technology, project development, and capital markets.

    Taseko Mines Limited (AMEX: TGB)

    Taseko Mines Limited (TGB) last closed at $1.02, in a 52-week range of $0.20 to $1.34. Taseko Mines Limited (TGB) is pleased to disclose that its Gibraltar Mine has been awarded the prestigious Jake McDonald Annual Award for Metal Mine Reclamation from the British Columbia Technical and Research Committee on Reclamation. It has moved up 436.35% from its 52-weeks low and moved down -19.95% from its 52-weeks low. This company has a total market capitalization of $253.20 million at the time of writing.

    Americas Gold and Silver Corporation (AMEX: USAS)

    Americas Gold and Silver Corporation (AMEX: USAS) fall -1.53% after losing more than -$0.04 on Friday. Americas Gold and Silver Corporation (USAS) growing North American precious metals producer, provides an update to its Mineral Reserve and Resource statement as of June 30, 2020. This company has a total market capitalization of $298.67 million at the time of writing.

    China Natural Resources Inc. (NASDAQ: CHNR)

    China Natural Resources Inc. (NASDAQ: CHNR) fall 0.00% after losing more than $0.0 on Friday. China Natural Resources Inc. (CHNR) has released unaudited interim financial information for the six months ended June 30, 2020. This company market capitalization has remained high, hitting $39.41 million at the time of writing. If we look at the liquidity of this company, it has a current ratio of 0.10.

    Auryn Resources Inc. (AUG)

    Auryn Resources Inc. (AUG) last closed at $2.12, in a 52-week range of $0.71 to $2.66. Analysts have a consensus price target of $3.40. Auryn Resources Inc. (AUG) and Eastmain Resources Inc. (TSX: ER)  has earlier announced that proxy voting has concluded with support from shareholders of both companies in excess of 99% for the previously announced transactions pursuant to which Auryn spins out its Peruvian assets and immediately acquires Eastmain.

    Lithium Americas Corp. (NYSE: LAC)

    Lithium Americas Corp. (LAC) last closed at $14.70, in a 52-week range of $1.92 to $12.93. Lithium Americas Corp. (LAC) share price went from a low point around $1.92 to briefly over $15.30 in the past 52 weeks, though shares have since pulled back to $16.28. It has moved up 747.86% and 6.40% from its 52-weeks low and high, respectively. LAC market cap has remained high, hitting $1.33 billion at the time of writing.

    Piedmont Lithium Limited (NASDAQ: PLL)

    Piedmont Lithium Limited (PLL) last closed at $26.11, in a 52-week range of $4.00 to $54.50. Analysts have a consensus price target of $30.50. Piedmont Lithium Limited (PLL) stock has moved up 685.25% from its 52-weeks high and moved down -42.37% from its 52-weeks low. Its market capitalization has remained high, hitting $301.65 million at the time of writing.

    BHP Group (NYSE: BBL)

    BHP Group (NYSE: BBL) rose 0.64% after gaining more than $0.27 on Friday. BHP Group share price went from a low point around $23.64 to briefly over $48.67 in the past 52 weeks, though shares have since pulled back to $42.86. It has moved up 81.30% from its 52-weeks low and moved down -11.94% from its 52-weeks high. BBL market cap has remained high, hitting $121.45  billion at the time of writing.

    PolyMet Mining Corp. (AMEX: PLM)

    PolyMet Mining Corp. (AMEX: PLM) Shares headed rising, higher as much as 1.30%. The most recent rating by H.C. Wainwright, on September 08, 2014, is at a Buy. PolyMet Mining Corp. shares have fluctuated $1.50 from its 52-weeks low range and $9.70 from its 52-weeks high range. It has moved up 169.67% from its 52-weeks low and moved down -58.30% from its 52-weeks low. This company has a total market capitalization of $386.31 million at the time of writing.

    Vedanta Limited (NYSE: VEDL)

    Vedanta Limited (NYSE: VEDL) stock drop by -0.95% to $7.33. The most recent rating by JP Morgan, on May 05, 2020, is at a Neutral. Vedanta Limited (VEDL) share price went from a low point around $3.24 to briefly over $9.41 in the past 52 weeks, though shares have since pulled back to $7.43. It has moved up129.32% from its 52-weeks low and moved down -21.04% from its 52-weeks high. VEDL market cap has remained high, hitting $6.81 billion at the time of writing.

    United States Antimony Corporation (AMEX: UAMY)

    United States Antimony Corporation (AMEX: UAMY) shares headed falling, lower as much as -2.59%. United States Antimony Corporation (UAMY) shares have fluctuated $0.22 from its 52-weeks low range and $0.59 from its 52-weeks high range. It has moved up 33.30% from its 52-weeks low and moved down -50.41% from its 52-weeks low. This company has a total market capitalization of $20.30 million at the time of writing.

    Ferroglobe PLC (NASDAQ: GSM)

    Ferroglobe PLC (NASDAQ: GSM) stock drop by -1.54% to $0.64. The most recent rating by Stifel, on September 16, 2019, is at a Hold. Ferroglobe PLC (GSM) market cap has remained high, hitting $110.00 Million at the time of writing.

    Western Copper and Gold Corporation (AMEX: WRN)

    Western Copper and Gold Corporation (AMEX: WRN) shares headed falling, lower as much as -6.78%. The most recent rating by ROTH Capital, on October 26, 2017, is at a Buy. Western Copper and Gold Corporation (AMEX: WRN) market cap has remained high, hitting $126.70 Million at the time of writing.

     

     

  • 12 Trending Stocks In Mining Industry To Watch

    12 Trending Stocks In Mining Industry To Watch

    One thing which is constant is change. The mining industry is considered to be among those industries that are implementing the new changes with the evolution of new technology. The use of technology has been developing in the mining industry since its establishment. We are in the era of the fourth industrial revolution. Digitization is considered to be a leading provider of technological evolution in the mining industry.

    This industry reach is so wide that the utilization rate of metal is the main factor that determines the health of the global economy. Digitization may have come a little later to the mining sector as compared to other sectors but this industry easily adopts it and implement it. The use of drones, AI, and 3D modeling is increasing in this sector.

    3D modeling techniques are helpful in the mining industry in the making of schematic before the construction of new mines. Similarly, AI also plays a very important role in this industry. This technology aids mining companies to organize, understand, and make decisions by analyzing the data they collect.

    Lets’ have a quick look to see the top 12 mining companies are using these technologies or not:

    Northern Dynasty Minerals Ltd. (AMEX: NAK)

    Northern Dynasty Minerals Ltd. (AMEX: NAK) shares were trading up 19.23% at $1.14 at the time of writing on Thursday. Northern Dynasty Minerals Ltd. (AMEX: NAK) share price went from a low point around $0.35 to briefly over $2.49 in the past 52 weeks, though shares have since pulled back to $1.14.

    Northern Dynasty Minerals Ltd. has confirmed that financial market participants can get an update on the company and its 100%-owned Pebble copper-gold-molybdenum-silver-rhenium project in southwest Alaska via two online presentations from its senior leaders this week. NAK market cap has remained high, hitting $583.20M.

    Vale S.A. (NYSE: VALE)

    Vale S.A. (NYSE: VALE) last closed at $11.88, in a 52-week range of $6.49 to $13.67. Analysts have a consensus price target of $15.08. Vale S.A. (VALE) revealed on Monday that it has decided to end production of manganese ferroalloys in the city of Simões Filho, in Bahia state. The company is anticipating closing the production by the end of the year.  The company is also focusing on the buyout program for its employees. If we look at its liquidity, it has a current ratio of 1.80. This company’s market capitalization is $59.17 billion.

    Teck Resources Limited (NYSE: TECK)

    Teck Resources Limited (NYSE: TECK) stock soar by 3.62% to $14.89. The most recent rating by National Bank Financial, on July 21, 2020, is at a Sector perform. Teck Resources Limited revealed earlier that their Chilean affiliates, Compañía Minera Teck Carmen de Andacollo S.A.  have signed a long-term power purchase agreement to provide 100% renewable power for Teck’s Carmen de Andacollo Operation in Chile.  CdA will source 72 Megawatts (MW) (550 GWh/year) from AES Gener’s growing renewable portfolio of wind, solar and hydroelectric energy.

    BHP Group (NYSE: BHP)

    BHP Group (NYSE: BHP) shares headed falling, lower as much as -0.70%. The most recent rating by Goldman, on September 15, 2020, is at a Buy. BHP Group (BHP) is trying to disturb cultural sites even after concerns raised. BHP executives David Bunting, the company’s Australian Heritage Manager, and Libby Ferrari, Head of Indigenous Engagement, confirmed the application of BHP to disturb 40 sacred sites of the Banjima indigenous group as part of its $2.9 billion South Flank mine expansion in the Pilbara.

    Rio Tinto Group (NYSE: RIO)

    Rio Tinto Group (NYSE: RIO) last closed at $64.72, in a 52-week range of $35.35 to $66.55. Analysts have a consensus price target of $58.45. Previously, Rio Tinto Group (RIO) disclosed an update in respect of its beneficial ownership of common shares of Entrée Resources Ltd. held by its wholly-owned subsidiary Rio Tinto International Holdings Limited.

    Great Panther Mining Limited (AMEX: GPL)

    Great Panther Mining Limited (AMEX: GPL) Shares headed rising, higher as much as 0.98%. The most recent rating by ROTH Capital, on August 10, 2017, is at a Buy. Great Panther Mining Limited (GPL) has shared the publication of its first Sustainability Report showing the progress, initiatives, and commitments in the areas of health, safety, environmental, social, and governance management.

    America’s Gold and Silver Corporation (AMEX: USAS)

    America’s Gold and Silver Corporation (AMEX: USAS) stock drop by -1.92% to $3.07. America’s Gold and Silver Corporation (USAS) has announced a significant increase to Galena Complex Resource. America’s Gold and Silver Corporation market capitalization have remained high, hitting $356.78 million at the time of writing.

    BHP Group (NYSE: BBL)

    BHP Group (NYSE: BBL) fall -1.10% after losing more than -$0.51 on Thursday. BHP Group (NYSE: BBL) share price went from a low point around $23.64 to briefly over $48.67 in the past 52 weeks, though shares have since pulled back to $45.89. BHP Group market cap has remained high, hitting $130.14 billion at the time of writing. Focusing on its profitability, its return on assets, equity, and investment is 8.00%, 16.50%, and 14.70%.

    Lithium Americas Corp. (NYSE: LAC)

    Lithium Americas Corp. (NYSE: LAC) stock soar by 5.08% to $9.52. The most recent rating by ROTH Capital, on May 03, 2018, is at a Buy. In the past 52-weeks of trading, Lithium Americas Corp. (LAC) stock has fluctuated between the low range of $1.92 and a high range of $9.71. It has moved up 395.83% from its 52-weeks low and moved down 9.71% from its 52-weeks high. This company’s market capitalization has remained high, hitting $862.92 million at the time of writing.

    Ferroglobe PLC (NASDAQ: GSM)

    Ferroglobe PLC (NASDAQ: GSM) rose 6.45% after gaining more than $0.04 on Thursday. Ferroglobe PLC (GSM) share price went from a low point around $0.35 to briefly over $1.38 in the past 52 weeks, though shares have since pulled back to $0.70. Ferroglobe PLC’s market cap has remained high, hitting $121.24 million at the time of writing.

    Taseko Mines Limited (AMEX: TGB)

    Taseko Mines Limited (AMEX: TGB) last closed at $1.20, in a 52-week range of $0.20 to $1.19. Taseko Mines Limited (TGB) has moved up 500.00% and 0.84% from its 52-weeks low and 52-weeks high, respectively. This company’s market capitalization has remained high, hitting $299.77 million at the time of writing.

    Piedmont Lithium Limited (NASDAQ: PLL)

    Piedmont Lithium Limited (NASDAQ: PLL) Shares headed rising, higher as much as 32.53%. Piedmont Lithium Limited (PLL) share price went from a low point around $4.00 to briefly over $10.31 in the past 52 weeks, though shares have since pulled back to $11.00. Piedmont Lithium Limited market cap has remained high, hitting $127.08 million at the time of writing.

  • 20 Trending Stocks In Mining Industry Can Be Good Bets

    20 Trending Stocks In Mining Industry Can Be Good Bets

    The mining industry is facing new challenges as new trends emerge with the passage of time. The metal and Mining industry reach is so broad that the utilization rate of metal is considered to be the key factor that determines the health of the global economy. Mining companies must adapt to rapid technological change, innovation, and digital transformation. The growing climate crisis also increases pressure on the mining industry. The metals and mining industry needs to establish long-lasting benefits for the communities they operate in.

    The world has changed in 2020. The pandemic has affected almost every sector and caused various industries to stop their operations. But here the question arises what are the challenges faced by the metal and mining industry. Demand took a downturn which has a major impact on this industry. Here are the top 20 leading companies which are following new trends of the market to maintain its position:

    Teck Resources Limited (NYSE: TECK)

    Teck Resources Limited (NYSE: TECK) last closed at $13.00, in a 52-week range of $5.60 to $19.44. Teck Resources Limited (TECK) disclosed earlier that the Partners in the Fort Hills limited partnership have decided to restart the second Fort Hills train and plan to increase production to approximately 120,000 barrels per day by the end of the year. Teck Resources Limited has a total market capitalization of $6.24 billion at the time of writing.

    Northern Dynasty Minerals Ltd. (AMEX: NAK)

    Northern Dynasty Minerals Ltd. (AMEX: NAK) shares headed falling, lower as much as -2.88%. The most recent rating by H.C. Wainwright, on October 19, 2017, is at a Buy. Northern Dynasty Minerals Ltd. (AMEX: NAK) has responded to the report issued by Beijing-based short-seller J Capital Research on September 9, 2020. NAK labeled it “fatuous, flimsy and fundamentally self-serving,” as well as “typical of such efforts to profit by destroying the value of honest shareholders’ investments.” It has also named Mike Westerlund, a seasoned Investor Relations executive. He has more than 20 years’ experience in the North American mining and metals industry.

    Rio Tinto Group (NYSE: RIO)

    Rio Tinto Group (NYSE: RIO) rose 5.01% after gaining more than $3.05 on Friday. Rio Tinto Group (RIO) disclosed that its CEO Jean-Sébastien Jacques will resign after shareholders showed discontent with the handling of the mining giant’s destruction of two Aboriginal rock shelters in Australia. Jacques will remain in his position until March 31 next year to ensure business continuity and to maintain the performance of the group’s global operations during COVID-19.

    BHP Group (NYSE: BHP)

    BHP Group (NYSE: BHP) last closed at $54.19, in a 52-week range of $29.78 to $58.35. Analysts have a consensus price target of $51.04. BHP Group (BHP) will connect a portion of bonus payments for Chief Executive Officer Mike Henry and key leaders to progress by the world’s top miner on lowering greenhouse gas emissions at both its own operations and those of its customers. It has a total market cap of $126.20 billion at the time of writing.

    General Moly Inc. (AMEX: GMO)

    General Moly Inc. (AMEX: GMO) fall -2.28% after losing more than -$0.01 on Friday. General Moly Inc. (GMO) disclosed on September 1, 2020, it has entered into a binding letter of intent with Pathfinder Minerals LLC for the sale by the Company of Liberty Moly LLC and all assets owned by the Company that constitutes the Liberty Project. It has a 52-weeks low range of $0.10 and a high range of $0.37. GMO market capitalization has remained high, hitting $19.55 million.

    Americas Gold and Silver Corporation (AMEX: USAS)

    Americas Gold and Silver Corporation (AMEX: USAS) stock soar by 0.34% to $2.92. America’s Gold and Silver Corporation (USAS) has earlier gave an update on the ramp-up of the Relief Canyon mine toward commercial production. It has also revealed that it has concluded it’s previously announced and upsized bought deal financing with a syndicate of underwriters co-led by Desjardins Capital Markets and Cormark Securities Inc., and including Stifel GMP, Clarus Securities Inc., and Laurentian Bank Securities Inc.

    Westwater Resources Inc. (NASDAQ: WWR)

    Westwater Resources Inc. (NASDAQ: WWR) Shares headed falling, lower as much as -2.29%. enCore Energy has earlier announced it has signed a Binding Agreement to acquire Westwater Resources’ Uranium Production & Resource Assets. Total compensation accruing to Westwater as part of the deal is anticipated to be in excess of $1.95 million in enCore shares and royalties from future production from the New Mexico properties.

    Trilogy Metals Inc. (AMEX: TMQ)

    Trilogy Metals Inc. (AMEX: TMQ) last closed at $1.87, in a 52-week range of $1.03 to $2.74. Analysts have a consensus price target of $2.00. Trilogy Metals Inc. (TMQ) announces that the Company has chosen Richard Gosse as Vice President Exploration, effective immediately. Mr. Gosse is a highly seasoned exploration geologist. He has 35 years of experience, including 15 years at the Vice President level.

    Auryn Resources Inc. (AMEX: AUG)

    Auryn Resources Inc. (AMEX: AUG) stock drop by -1.91% to $2.05. Auryn Resources Inc. (AUG) has launched Proxy Circular for reorganization and Eastmain acquisition. It has also revealed that it has completed the purchase of six Sombrero copper-gold concessions in southern Peru that had been optioned in 2016 from Alturas Minerals S.A. Auryn Resources Inc. (AMEX: AUG) market cap has remained high, hitting $220.61 Million at the time of writing.

    EMX Royalty Corporation (AMEX: EMX)

    EMX Royalty Corporation (AMEX: EMX) shares headed falling, lower as much as -1.76%. EMX Royalty Corporation (AMEX: EMX) has disclosed that the execution of an exploration and option agreement for the Queensland Gold project in northeastern Australia with Many Peaks Gold Pty Ltd, a private Australian company. It has a total market capitalization of $235.28 million.

    Vale S.A. (NYSE: VALE)

    Vale S.A. (NYSE: VALE) shares were trading up 5.32% at $11.67 at the time of writing on Friday. Vale S.A. (NYSE: VALE) share price went from a low point around $6.49 to briefly over $13.67 in the past 52 weeks, though shares have since pulled back to $11.67. VALE market cap has remained high, hitting $58.13B at the time of writing, giving it a price-to-sales ratio of more than 2.

    If we look at the recent analyst rating VALE, Exane BNP Paribas upgraded coverage on VALE shares with an Outperform rating and a $15.08 price target, which implies room for 3.41% upside momentum this year.

    Great Panther Mining Limited (AMEX: GPL)

    Great Panther Mining Limited (AMEX: GPL) stock soar by 1.74% to $0.98. The most recent rating by ROTH Capital, on August 10, 2017, is at a Buy. Great Panther Mining Limited (GPL) share price went from a low point around $0.23 to briefly over $1.07 in the past 52 weeks, though shares have since pulled back to $0.98. Great Panther Mining Limited market cap has remained high, hitting $343.90 Million at the time of writing.

    PolyMet Mining Corp. (AMEX: PLM)

    PolyMet Mining Corp. (AMEX: PLM) stock soar by 2.63% to $3.51. The most recent rating by H.C. Wainwright, on September 08, 2014, is at a Buy. in the past 52-weeks of trading, PolyMet Mining Corp. (PLM) stock fluctuated between the low of $1.50 and a high of $9.70. It has moved up 134.00% from its 52-weeks low and moved down -63.81% from its 52-weeks high. PolyMet Mining Corp. has a total market capitalization of $342.51 million at the time of writing.

    BHP Group (NYSE: BBL)

    BHP Group (NYSE: BBL) Shares headed rising, higher as much as 3.22%. The most recent rating by JP Morgan, on March 20, 2020, is at an Overweight. BHP Group (BBL) share price went from a low point around $23.64 to briefly over $48.67 in the past 52 weeks, though shares have since pulled back to $44.50. BHP Group market cap has remained high, hitting $126.20 billion at the time of writing.

    Taseko Mines Limited (AMEX: TGB)

    Taseko Mines Limited (AMEX: TGB) last closed at $1.05, in a 52-week range of $0.20 to $1.19. Taseko Mines Limited (TGB) has traded up 425.00% from its 52-weeks low and traded down -11.76% from its 52-weeks high. Looking at its profitability, it has a return on assets of -7.10%, returns on equity of -22.00%, and return on investment of -4.30%. Focusing on its liquidity, it has a current ratio of 1.90. Its market capitalization is $262.30 million.

    SilverCrest Metals Inc. (SILV)

    SilverCrest Metals Inc. (AMEX: SILV) stock drop by -1.24% to $9.54. The most recent rating by B. Riley FBR, on March 03, 2020, is at a Buy. SilverCrest Metals Inc. (SILV) share price went from a low point around $3.28 to briefly over $11.12 in the past 52 weeks, though shares have since pulled back to $9.54. SilverCrest Metals Inc.’s market cap has remained high, hitting $1.29 billion at the time of writing.

    Vedanta Limited (NYSE: VEDL)

    Vedanta Limited (NYSE: VEDL) shares headed rising, higher as much as 2.44%. The most recent rating by JP Morgan, on May 05, 2020, is at a Neutral. Vedanta Limited (VEDL) stock fluctuated between the low of $3.24 and a high of $9.41. It has moved up 120.06% from its 52-weeks low and moved down -24.23% from its 52-weeks high. Vedanta Limited has a total market capitalization of $6.63 Billion at the time of writing.

    Lithium Americas Corp. (NYSE: LAC)

    Lithium Americas Corp. (NYSE: LAC) fall -1.27% after losing more than -$0.09 on Friday. Lithium Americas Corp. (LAC) share price went from a low point around $1.92 to briefly over $9.15 in the past 52 weeks, though shares have since pulled back to $7.01. Lithium Americas Corp. (LAC)’s market cap has remained high, hitting $635.41 Million at the time of writing.

    Western Copper and Gold Corporation (AMEX: WRN)

    Western Copper and Gold Corporation (AMEX: WRN) last closed at $1.38, in a 52-week range of $0.31 to $1.53. Western Copper and Gold Corporation (WRN) has traded up 349.22% from its 52-weeks low and traded down -9.92% from its 52-weeks high.  Its market capitalization is $158.23 million.

    Ferroglobe PLC (NASDAQ: GSM)

    Ferroglobe PLC (NASDAQ: GSM) fall -1.91% after losing more than -$0.01 on Friday. Ferroglobe PLC (GSM) share price went from a low point around $0.35 to briefly over $1.42 in the past 52 weeks, though shares have since pulled back to $0.44. Ferroglobe PLC’s market cap has remained high, hitting $76.10 Million at the time of writing.