John Feneck: Gold, Silver, Copper – 10 Stocks I’m Bullish on Now
1. Newmont Corporation (NEM) – Newmont Corporation is a leading gold producer with operations spanning across several countries. The company has a solid track record of efficient operations and strong financial performance, making it an attractive investment in the gold sector.
2. Wheaton Precious Metals (WPM) – Wheaton Precious Metals is a unique company in the precious metals industry, as it operates as a streaming company. This means that Wheaton provides upfront financing to mining companies in exchange for the right to purchase metal production at a predetermined price. This business model offers investors exposure to precious metals without some of the risks associated with traditional mining companies.
3. BHP Group (BHP) – BHP is a diversified mining company with operations in a wide range of commodities, including copper. The company’s diverse portfolio helps reduce risk and provides exposure to multiple sectors within the mining industry. With a solid financial position and a focus on sustainable mining practices, BHP is well-positioned for long-term growth in the copper market.
4. Southern Copper Corporation (SCCO) – Southern Copper Corporation is a major player in the copper industry, with mining operations in Peru, Mexico, and Chile. The company benefits from its strong production capabilities and favorable copper prices, making it an attractive investment for those bullish on the copper market.
5. SSR Mining Inc. (SSRM) – SSR Mining is a precious metals producer with operations in North and South America. The company has a strong portfolio of assets, including gold and silver mines, and a track record of successful exploration and development projects. With a focus on operational excellence and growth, SSR Mining is poised for success in the precious metals sector.
6. Kinross Gold Corporation (KGC) – Kinross Gold is a well-established gold mining company with operations in the United States, Russia, and several other countries. The company has a strong balance sheet and a history of delivering value to shareholders through prudent cost management and disciplined growth strategies.
7. Vale S.A. (VALE) – Vale is a global mining company with a diversified portfolio of assets, including iron ore, copper, and nickel. The company’s strong presence in the metals and mining industry, coupled with its commitment to sustainability and innovation, positions Vale for long-term success in the global commodities market.
8. Rio Tinto Group (RIO) – Rio Tinto is a leading global mining company with operations in several countries, including Australia, the United States, and Canada. The company is a major player in the iron ore market and also has exposure to copper, aluminum, and other commodities. Rio Tinto’s focus on operational excellence and sustainable practices makes it a compelling investment opportunity in the mining sector.
9. Wheaton Precious Metals Corp. (WPM) – Wheaton Precious Metals Corp. is a streaming company that provides upfront financing to mining companies in exchange for the right to purchase metal production at a fixed price. This business model allows Wheaton to benefit from the upside potential of precious metals prices while mitigating some of the risks associated with traditional mining operations.
10. Franco-Nevada Corporation (FNV) – Franco-Nevada is a leading gold-focused royalty and streaming company with a diversified portfolio of assets. The company provides investors with exposure to precious metals through its royalty and streaming agreements with mining companies around the world. Franco-Nevada’s low-cost structure and royalty model make it an attractive investment for those seeking exposure to the gold market.
Overall, these 10 stocks offer investors a range of opportunities to gain exposure to the gold, silver, and copper markets through established mining companies, streaming companies, and royalty agreements. With a focus on quality assets, strong financial performance, and sustainable practices, these companies are well-positioned for long-term success in the metals and mining industry.