The TSX-listed Canadian mining stocks we’ve identified have five-year EPS growth of over 25% with five-year beta under 1
SmallCapPower | June 27, 2022: Canadian inflation is at a 40-year high at 7.7% and the Bank of Canada is expected to continue raising interest rates. Mining stocks have long been considered a hedge against inflation and as a protection against recession risk. Today we’ve found three TSX-listed Canadian mining stocks with strong five-year EPS growth and low volatility with five-year betas under 1.
*Share price data and other metrics as of June 24, 2022
Franco Nevada Corp. (TSX:FNV) – $176.30
Gold Royalties
Franco-Nevada is a precious metals-focused royalty and investment company. The Company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. Franco-Nevada does not operate mines, develop projects, or conduct exploration. The Company’s short-term financial performance is linked to the price of commodities and the amount of production from its portfolio of producing assets. Franco-Nevada holds a portfolio of assets, diversified by commodity, revenue type, and stage of a project, primarily located in the United States, Canada, and Australia.
- Market Cap: $34,177.1M
- 7-Day Return: -1.1%
- 30-Day Return: -1.7%
- 30-Day Average Trading Volume: 548,856
- 5-Year Beta: 0.6
- 5-Year EPS Growth: 47%
Wheaton Precious Metals Corp. (TSX:WPM) – $48.25
Gold Mining
Wheaton Precious Metals is a precious metals streaming company. The Company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. Wheaton’s projects include Vale’s Salobo mine and silver streams on Glencore’s Antamina mine and Goldcorp’s Penasquito mine.
- Market Cap: $17,255.1M
- 7-Day Return: -2.1%
- 30-Day Return: -8.2%
- 30-Day Average Trading Volume: 1,016,952
- 5-Year Beta: 0.4
- 5-Year EPS Growth: 26%
Wesdome Gold Mines Ltd. (TSX:WDO) – $11.98
Gold Mining
Wesdome Gold Mines is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The Company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground and Mishi Open Pit gold mines. Activities of the group function primarily through Canada and it derives revenue from the sale of gold and silver bullion.
- Market Cap: $1,773.9M
- 7-Day Return: -3.7%
- 30-Day Return: +4.2%
- 30-Day Average Trading Volume: 402,476
- 5-Year Beta: 0.8
- 5-Year EPS Growth: 81.1%
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