In the world of investing, junior mining companies offer some of the most exciting prospects. With the potential of discovering new reserves and thus expanding their operations, the stocks of these companies have the potential to skyrocket. With copper prices on the rise, junior miner stocks on the TSXV index are becoming increasingly popular. Investors are looking for the potential to gain from these companies by identifying those with the strongest potential.
In this article, we’ll examine the top five junior copper stocks on the TSXV for 2021. We will look at key metrics such as performance, market capitalization, potential and current operations to provide an assessment of these stocks and their expected performance.
The first stock we’ll examine is First Quantum Minerals Ltd. (TSXV: FM). This Canadian-based company has a large presence in the copper mining space. With operations in Zambia, Panama and Australia, First Quantum produces copper concentrates, copper cathode and copper cobalt which provide more than 60% of their revenue. First Quantum has grown significantly in the last year, particularly due to the increasing copper prices. Their market capitalization is currently at $10.3 billion, and their stock rose 6% in 2021.
Our next stock is Copper Canyon Resources Ltd. (CCU: TSXV). This Canadian-based company has a focus on copper, nickel and cobalt developments. They are currently exploring in the Copper Canyon region in BC’s Okanagan Valley. An encouraging factor for this company is the organized areas around and near the Copper Canyon project for future development. This could offer a strong upside for the company’s market capitalization. Copper Canyon has a market capitalization of $607.1 million and has increased 4.8% in the last year.
Third on our list is Nexa Resources (TSXV:NEXA). This Brazil-based company is one of the largest producers of zinc in the world and recently ventured into the copper mining space. They have operations in Peru where they produce copper cathode. Nexa Resources also has copper projects under development in Chile and Peru which indicates potential for further venture in this space. Nexa has a current market capitalization of $3.25 billion and has increased 17.3% in the last year.
The fourth stock we’ll look at is Resource Capital Gold Corporation (RCG:TSXV). This Canadian-based company is a junior gold and copper producer with operations in Nicaragua. Resource Capital recently started copper production with its new molejon mine, which has the capacity to produce over 1,000 tonnes of copper per year. With a market capitalization of $425 million and an increase of 6.2% last year, Resource Capital Gold provides both short and long-term growth potential.
Last but not least, we have Arizona Mining Inc. (AZ:TSXV). This Canadian-based company is focused on safe, environmentally beneficial exploration and development of zinc-lead-silver, copper, and gold deposits in Arizona, USA. Arizona Mining’s stock increased 11.3% in the last year and has a current market capitalization of $354.4 million. Financial analysts have highly praised the organization’s focus on sustainability in mining as well as the potential for future returns in the long-term.
To summarize, junior copper miner stocks on the TSXV index provide investors with an opportunity for long-term growth. The five stocks specified in this article are First Quantum Minerals Ltd, Copper Canyon Resources Ltd, Nexa Resources, Resource Capital Gold Corporation, and Arizona Mining Inc. All five stocks are expected to benefit from the rising copper prices, however, Arizona Mining Inc has a particularly sustainable approach which suggests the potential for a bigger return over the long-term. Therefore, investors should undertake rigorous due diligence before investing in any of these stocks. Investing in junior copper stocks is a risky endeavor and should be done with caution.
In the world of investing, junior mining companies offer some of the most exciting prospects. With the potential of discovering new reserves and thus expanding their operations, the stocks of these companies have the potential to skyrocket. With copper prices on the rise, junior miner stocks on the TSXV index are becoming increasingly popular. Investors are looking for the potential to gain from these companies by identifying those with the strongest potential.
In this article, we’ll examine the top five junior copper stocks on the TSXV for 2021. We will look at key metrics such as performance, market capitalization, potential and current operations to provide an assessment of these stocks and their expected performance.
The first stock we’ll examine is First Quantum Minerals Ltd. (TSXV: FM). This Canadian-based company has a large presence in the copper mining space. With operations in Zambia, Panama and Australia, First Quantum produces copper concentrates, copper cathode and copper cobalt which provide more than 60% of their revenue. First Quantum has grown significantly in the last year, particularly due to the increasing copper prices. Their market capitalization is currently at $10.3 billion, and their stock rose 6% in 2021.
Our next stock is Copper Canyon Resources Ltd. (CCU: TSXV). This Canadian-based company has a focus on copper, nickel and cobalt developments. They are currently exploring in the Copper Canyon region in BC’s Okanagan Valley. An encouraging factor for this company is the organized areas around and near the Copper Canyon project for future development. This could offer a strong upside for the company’s market capitalization. Copper Canyon has a market capitalization of $607.1 million and has increased 4.8% in the last year.
Third on our list is Nexa Resources (TSXV:NEXA). This Brazil-based company is one of the largest producers of zinc in the world and recently ventured into the copper mining space. They have operations in Peru where they produce copper cathode. Nexa Resources also has copper projects under development in Chile and Peru which indicates potential for further venture in this space. Nexa has a current market capitalization of $3.25 billion and has increased 17.3% in the last year.
The fourth stock we’ll look at is Resource Capital Gold Corporation (RCG:TSXV). This Canadian-based company is a junior gold and copper producer with operations in Nicaragua. Resource Capital recently started copper production with its new molejon mine, which has the capacity to produce over 1,000 tonnes of copper per year. With a market capitalization of $425 million and an increase of 6.2% last year, Resource Capital Gold provides both short and long-term growth potential.
Last but not least, we have Arizona Mining Inc. (AZ:TSXV). This Canadian-based company is focused on safe, environmentally beneficial exploration and development of zinc-lead-silver, copper, and gold deposits in Arizona, USA. Arizona Mining’s stock increased 11.3% in the last year and has a current market capitalization of $354.4 million. Financial analysts have highly praised the organization’s focus on sustainability in mining as well as the potential for future returns in the long-term.
To summarize, junior copper miner stocks on the TSXV index provide investors with an opportunity for long-term growth. The five stocks specified in this article are First Quantum Minerals Ltd, Copper Canyon Resources Ltd, Nexa Resources, Resource Capital Gold Corporation, and Arizona Mining Inc. All five stocks are expected to benefit from the rising copper prices, however, Arizona Mining Inc has a particularly sustainable approach which suggests the potential for a bigger return over the long-term. Therefore, investors should undertake rigorous due diligence before investing in any of these stocks. Investing in junior copper stocks is a risky endeavor and should be done with caution.
