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4 Zinc Mining Stocks That Could Benefit Most as the Zinc Price Climbs

Published 2017-08-28, 10:27 a/m
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The Canadian zinc mining stocks on our list should get a boost based on how much zinc each company mines every year. We have identified four Canadian zinc mining stocks that should get a boost from a rising zinc price based on how much each company mines every year relative to total output. The market caps of the stocks on our list range from $582 million to nearly $18 billion.

1. Trevali Mining Corporation (TSX: TV)
Trevali is a zinc-focused, base metals mining company with two commercially producing operations. The company is actively producing zinc and lead-silver concentrates from its 2,000-tonne-per-day Santander (MC:SAN) mine in Peru and its 3,000-tonne-per-day Caribou mine in the Bathurst Mining Camp of northern New Brunswick.

  • Market Cap: $582 million
  • Year-to-date return: +26%

2. Hudbay Minerals Inc (TSX: HBM)
Hudbay Minerals Inc. operates as a mining company. The company mines and produces zinc, copper, gold, and silver. Hudbay Minerals offers its services across the Americas.

  • Market Cap: $2.64 billion
  • Year-to-date return: +42%

3. Lundin Mining Corporation (TSX: LUN)
Lundin Mining Corporation is a diversified base metals mining company with operations in Chile, Portugal, Sweden, Spain and the United States, producing copper, zinc, lead and nickel. The company holds interest in the Tenke Fungurume copper/cobalt mine in the Democratic Republic of Congo and a cobalt refinery in Kokkola, Finland.

  • Market Cap: $6.9 billion
  • Year-to-date return: +46%

4. Teck Resources Limited (TSX: TECK.B)
Teck Resources Ltd. is an integrated natural resource group with activities in mining, smelting and refining. The company mines zinc, copper, molybdenum, gold, and metallurgical coal in the United States, Canada, Peru and Chile. Teck also produces refined metals, specialized metal products, and other products.

  • Market Cap: $17.5 billion
  • Year-to-date return: +11%

Get more investing ideas for the Toronto Venture exchange here.
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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