5 Mining Stocks with a Healthy Stash of Cash

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This natural resource environment could best be described as sickly, yet some miners still have low debt levels, high capital reserves, and a positive operating income. This includes the companies on our list today, although it might not be enough to boost its share price if commodities continue to slump.

Dominion Diamond Corp. (TSX: DDC) – $15.58

Non-Gold Precious Metals & Minerals

Dominion Diamond Corporation is focused on the mining and marketing of rough diamonds to the global market. The Company has ownership interests in the Diavik and the Ekati group of mineral claims. The Diavik Joint Venture is an unincorporated joint arrangement between Diavik Diamond Mines (2012) Inc. (DDMI) and Dominion Diamond Diavik Limited Partnership (DDDLP), where DDDLP holds an undivided 40% ownership interest in the assets, liabilities and expenses of the Diavik Diamond Mine. DDMI is the operator of the Diavik Diamond Mine.

  • Market Cap: $1,308,916,713
  • Revenues (LTM): $1,085,781,098
  • Debt/EBITDA: 0.13
  • Cash and Short Term Inv. (LFQ): $443,988,090

>> Read More: Dividend Killers? 5 Companies That Could Offend

Centerra Gold Inc. (TSX: CG) – $6.51

Gold

Centerra Gold Inc. is a Canada-based gold mining and exploration company engaged in the operation, exploration, development and acquisition of gold properties in Asia. The Company’s assets consist of two producing gold mines: the Kumtor mine in the Kyrgyz Republic and the Boroo mine in Mongolia.

  • Market Cap: $1,571,193,473
  • Revenues (LTM): $1,023,412,848
  • Debt/EBITDA: 0.18
  • Cash and Short Term Inv. (LFQ): $733,533,975

Haynes International Inc. (NASDAQ: HAYN) – $38.18

Iron & Steel

Haynes International, Inc. (Haynes) is a producer of nickel- and cobalt-based alloys in sheet, coil and plate forms. The Company is focused on developing, manufacturing, marketing and distributing technologically advanced, high-performance alloys, which are used primarily in the aerospace, chemical processing and land-based gas turbine industries. Its products consist of high-temperature resistant alloys (HTA) products, and corrosion-resistant alloys (CRA) products. HTA products are used by manufacturers of equipment that is subjected to high temperatures, such as jet engines for the aerospace market, gas turbine engines used for power generation and waste incineration, and industrial heating equipment.

  • Market Cap: $637,175,210
  • Revenues (LTM): $590,428,344
  • Debt/EBITDA: 0.07
  • Cash and Short Term Inv. (LFQ): $59,001,239

>> Read More: Junior Gold Miner Shines on Operational Results

Richmont Mines Inc. (TSX: RIC) – $3.38

Non-Gold Precious Metals & Minerals

Richmont Mines Inc. (Richmont) is principally engaged in activities related to the acquisition, exploration, development and operation of mineral properties. The Company operates around three gold mines (the Beaufor and Monique mines in Quebec and the Island Gold Mine in Ontario) and is also engaged in the development of the extension of its Island Gold Mine operations.

  • Market Cap: $194,749,385
  • Revenues (LTM): $141,539,000
  • Debt/EBITDA: 0.25
  • Cash and Short Term Inv. (LFQ): $77,930,000

Semafo Inc. (TSX: SMF) – $2.97

Gold

SEMAFO Inc. is a Canada-based mining company with gold production and exploration activities in West Africa. The Company operates the Mana Mine in Burkina Faso, which includes the high-grade satellite Siou and Fofina deposits. The Mana property is located approximately 200 kilometers west of Ouagadougou, the capital city of Burkina Faso. Permitted property at Mana covers around 2,327 square kilometers of land over the prospective Hounde belt. Mana Mine produced approximately 234,000 ounces of gold in 2014.

  • Market Cap: $929,592,246
  • Revenues (LTM): $381,157,538
  • Debt/EBITDA: 0.57
  • Cash and Short Term Inv. (LFQ): $163,470,966

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