These 4 Mines & Metals Stocks Well Positioned To Take Advantage Of Trump's Infrastructure Spending Plans & Pay +5% In Dividends

TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

Trump's plan to spend $1 trillion over the next 10 years to build new, and repair old, infrastructure suggests a bright for iron, steel, copper and other metal producers in the years ahead. The 4 metals & mining companies on our list today could well benefit and to make the wait tolerable they each pay out dividends of more than +5%.

Written by SmallCapPower.com

1. Russel Metals Inc. (TSX: RUS)(RUSMF) – $26.81 Canadian
Iron & Steel

Russel Metals Inc. is a metals distribution company.

Its segments include:

  • metals service centers which provide processing and distribution services to a base of end users and provides a line of products in various sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel and aluminum., energy products and steel distributors.
  • an energy products segment which distributes oil country tubular goods (OCTG), line pipe, valves and fittings to the energy industry and
  • a steel distributors segment which distributes/sells steel to other steel service centers and equipment manufacturers.

Market Cap: $1,655 million CAD

Total Revenue (LTM): $2,598 million CAD

Dividend yield: 5.7%

52-week Price PCT Change: +66.7%

2. Mandalay Resources Corp. (TSX: MND)(MNDJF) – $0.88 Canadian
Diversified Mining

Mandalay Resources Corporation is a Canada-based mining company that is engaged in the business of exploration, development and mining of natural resource properties.

It holds interest in properties, such as:

  • Costerfield, Australia (a gold-antimony mine, located approximately 100 kilometers northwest of Melbourne, Victoria);
  • Cerro Bayo, Chile (a producer of silver (Ag) and gold (Au);
  • Bjorkdal, Sweden (a gold mine) and 
  • Challacollo, which is a silver-gold project located in Region I (Tarapaca) of Chile, approximately 130 kilometers southeast of the port city of Iquique.

Market Cap: $397 million CAD

Total Revenue (LTM): $260 million CAD

Dividend yield: 5.5%

52-week Price PCT Change: +23.9%

3. Labrador Iron Ore Royalty Corp. (TSX: LIF)(LIFZF) – $18.76 Canadian
Iron & Steel

Labrador Iron Ore Royalty Corporation (LIORC) is a Canada-based company, which owns interests in Iron Ore Company of Canada (IOC) that operates an iron mine near Labrador City, Newfoundland and Labrador on lands leased from LIORC. The Company, through its subsidiary, Hollinger-Hanna Limited (Hollinger-Hanna), holds approximately 15.10% equity interest in IOC.

The Company operates through the segment of its investment in IOC and its IOC royalty and commission interests. IOC is an iron ore producer, operating a mine, concentrator and pellet plant, and is a producer of iron ore pellets across the world. IOC has the capacity to extract approximately 50 million tons of crude ore annually.

LIORC holds certain mining leases and mining licenses covering approximately 18,200 hectares of land near Labrador City.

  • Market Cap: $1,201 million CAD
  • Total Revenue (LTM): $98 million CAD
  • Dividend yield: 5.3%
  • 52-week Price PCT Change: +122.0%

4. Nevsun Resources Ltd. (TSX: NSU)(NSU ) – $4.19 Canadian
Specialty Mining & Metals

Nevsun Resources Ltd is a Canada-based base metals mining company engaged in the acquisition, exploration, development and operation of mineral property interests.

  • Its principal property is the Bisha Property, which hosts a gold, copper and zinc deposit, and includes satellite volcanogenic massive sulfides (VMS) deposits at Harena, Northwest, Hambok, Aderat and Asheli.
  • The Company’s principal mining operation is the Bisha Mine, an open pit copper-zinc mine.
  • The Company also develops the Timok copper and gold project, which is located in Serbia.

Market Cap: $1,261 million CAD

Total Revenue (LTM): $343 million CAD

Dividend yield: 5.2%

52-week Price PCT Change: +16.4%

 

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