The Canadian copper mining stocks on our list have significant copper production
SmallCapPower | August 23, 2017: Global copper prices continue their uptrend and hit a three-year high of $3.0/lb on Monday, August 21, 2017, on optimism of further global economic growth. The copper futures on the Comex are up nearly 39% in the last year and have gained 15% over the past three months. Today we have identified four Canadian copper mining stocks with significant copper production that should continue to ride the upsurge in copper prices.
Related: Chilean Metals (TSXV: CMX) has a Tremendous Land Position in Chile and Nova Scotia
Hudbay Minerals Inc (TSX: HBM)
Hudbay Minerals Inc. is focused on the discovery, production and marketing of base and precious metals. The Company primarily produces copper concentrate, consisting of copper, gold and silver, and zinc metals.
- Last Price: $10.38
- Market cap: $2.46 billion
- 3 month price change: 41.2%
Copper Mountain Mining Corporation (TSX: CMMC)
Copper Mountain Mining Corporation explores for and develops mineral properties. The Company’s main interest is in Copper Mountain Mine, situated 20 kilometers south of Princeton, British Columbia.
- Last Price: $1.09
- Market cap: $144.3 million
- 3 month price change: 34.6%
Capstone Mining Corp (TSX: CS)
Capstone Mining Corp. is involved in the exploration, development, and production of various minerals, including gold, silver, copper, zinc, iron and lead. The Company operates projects in Canada, Mexico, and Chile.
- Last Price: $1.18
- Market cap: $461.7 million
- 3 month price change: 25.5%
Amerigo Resources Ltd (TSX: ARG)
Amerigo Resources Ltd. produces copper and molybdenum. The Company’s 100% owned MVC operation in Chile has been producing copper concentrates since 1992 by processing tailings from Codelco’s El Teniente mine, the world’s largest underground copper mine.
- Last Price: $0.74
- Market cap: $129.8 million
- 3 month price change: 25.4%
Disclosure: Neither the author nor any of the principals at Small Cap Power, or their family members, own shares in any of the companies mentioned above.
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