Top Mining Stocks for Q4 2021

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GCM.TO, LUG.TO, and GSM are apical for value, growth, and momentum, respectively

Updated September 15, 2021

Many investors historically person turned to harmless haven assets specified arsenic precious metals successful times of economical and governmental turmoil. One mode to summation vulnerability is by owning companies successful the metals and mining industry, which are progressive successful the exploration, extraction, and merchantability of metals and different minerals. These materials are utilized successful a wide scope of applications successful jewelry making, industry, technology, aviation, aerospace, and more. Some of the industry's biggest companies globally see Franco Nevada Corp. (FNV) and Wheaton Precious Metals Corp. (WPM).

Mining companies person vastly outperformed the broader marketplace successful the past year. The benchmark SPDR S&P Metals & Mining ETF (XME) has provided 1-year trailing full returns of 83.8% compared with 35.8% for the Russell 1000 Index. All figures passim are arsenic of Sept. 9, 2021.

Here are the apical 3 mining stocks with the champion value, the fastest net growth, and the astir momentum.

Best Value Mining Stocks

These are the mining stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits tin beryllium returned to shareholders successful the signifier of dividends and buybacks, a debased P/E ratio shows you’re paying little for each dollar of nett generated.

Best Value Mining Stocks
  Price ($) Market Cap ($B) 12-Month Trailing P/E Ratio
Gran Colombia Gold Corp. (GCM.TO) CA$4.64 CA$0.5 3.3
Impala Platinum Holdings Ltd. (IMPUY) 13.15 10.7 3.4
Sibanye Stillwater Ltd. (SBSW) 14.29 10.4 3.4

Source: YCharts

  • Gran Colombia Gold Corp.: Gran Colombia Gold is simply a Canada-based golden shaper with mining operations successful Latin America. The institution explores for and develops golden and metallic successful Colombia, wherever it operates respective mines astatine its high-grade Segovia Operations. Gran Colombia Gold besides has shares that commercialized over-the-counter (OTC) successful the United States nether the ticker awesome TPRFF. For Q2 2021, the institution reported nett income of $29.8 cardinal versus nett nonaccomplishment successful the year-ago quarter, arsenic good arsenic a 24.9% year-over-year (YOY) summation successful gross driven by an summation successful its realized golden price.
  • Impala Platinum Holdings Ltd.: Impala Platinum Holdings mines, refines, and markets platinum, palladium, rhodium, nickel, and related metals. The company's superior mining operations instrumentality spot successful South Africa and Zimbabwe.
  • Sibanye Stillwater Ltd.: Sibanye-Stillwater is simply a South Africa-based shaper of precious metals. The institution develops and extracts mineral properties. It maintains operations successful North and South America arsenic good arsenic confederate Africa. Sibanye reported grounds profits for H1 2021. The company's full profits climbed by astir 160% YOY. Sibanye besides announced grounds adjusted escaped currency travel for the half, acknowledgment to improved operational show and commodity prices.

Fastest Growing Mining Stocks

These are the apical mining stocks arsenic ranked by a growth model that scores companies based connected a 50/50 weighting of their astir caller quarterly YOY percentage revenue growth and their astir caller quarterly YOY earnings-per-share (EPS) growth. Both income and net are captious factors successful the occurrence of a company. Therefore ranking companies by lone 1 maturation metric makes a ranking susceptible to the accounting anomalies of that 4th (such arsenic changes successful taxation instrumentality oregon restructuring costs) that whitethorn marque 1 oregon the different fig unrepresentative of the concern successful general. Companies with quarterly EPS oregon gross maturation of implicit 2,500% were excluded arsenic outliers.

Fastest Growing Mining Stocks
  Price ($) Market Cap ($B) EPS Growth (%) Revenue Growth (%)
Lundin Gold Inc. (LUG.TO) CA$11.03 CA$2.6 N/A (see institution description) 1,360
Largo Resources Ltd. (LGO.TO) CA$16.45 CA$1.1 N/A (see institution description) 476.0
First Majestic Silver Corp. (AG) 12.43 3.2 N/A (see institution description) 340.4

Source: YCharts

  • Lundin Gold Inc.: Lundin Gold is simply a Canada-based mining company. Lundin owns and operates a acceptable of golden projects chiefly successful southeast Ecuador. The institution besides has shares that commercialized OTC successful the U.S. nether the ticker FTMNF. Lundin generated $50.0 cardinal of nett income for Q2 2021 versus a nett nonaccomplishment the prior-year quarter. Its EPS besides went from antagonistic to positive, truthful it's not imaginable to cipher an EPS maturation fig for the array above. The institution said it achieved grounds operating currency travel during the quarter.
  • Largo Resources Ltd.: Largo Resources is simply a Canada-based mining institution specializing successful vanadium, a malleable, metallic constituent utilized chiefly to signifier alloys and successful catalysts. The institution produces vanadium flake and pulverization astatine mines located successful Brazil. The institution besides trades connected the Nasdaq nether the ticker LGO. Largo Resources' EPS went from antagonistic to affirmative for the astir caller quarter, making a YOY EPS maturation calculation intolerable successful the array above.
  • First Majestic Silver Corp.: First Majestic Silver is simply a Canada-based mining institution engaged successful the exploration, development, and accumulation of mineral properties. The institution is focused connected mining golden and metallic passim Mexico. First Majestic reported nett net maturation of much than 700% and grounds quarterly gross of $154.1 cardinal for Q2 2021.

Mining Stocks With the Most Momentum

These are the mining stocks that had the highest full instrumentality implicit the past 12 months.

Mining Stocks With the Most Momentum
  Price ($) Market Cap ($B) 12-Month Trailing Total Return (%)
Ferroglobe PLC (GSM) 8.86 1.6 1,940
American Battery Metals Corp. (ABML) 1.40 0.8 1,400
Alpha Metallurgical Resources Inc. (AMR) 51.18 0.9 1,180
Russell 1000 Index N/A N/A 35.8
SPDR S&P Metals & Mining ETF (XME) N/A N/A 83.8

Source: YCharts

  • Ferroglobe PLC: Ferroglobe is simply a U.K.-based silicon and specialty metals mining company. The institution produces aluminum, silicone compounds utilized successful the chemic industry, ductile iron, automotive parts, and photovoltaic cells, and related products. The institution moved to a nett net successful Q2 2021 from a nett nonaccomplishment successful Q2 2020 connected a 67.4% YOY summation successful sales.
  • American Battery Metals Corp.: American Battery Metals Corp. recycles lithium-ion batteries. The institution besides engages successful exploration of artillery metals mining properties and extraction of artillery metals. The institution is successful the process of changing its sanction to American Battery Technology Company. On Aug. 30, the institution announced that existent institution main exertion serviceman Ryan Melsert had been appointed CEO, replacing outgoing CEO Doug Cole.
  • Alpha Metallurgical Resources Inc.: Alpha Metallurgical Resources is simply a mining institution that supplies metallurgical products to the alloy industry. The company's operations are chiefly located successful Virginia and West Virginia.

The comments, opinions and analyses expressed herein are for informational purposes lone and should not beryllium considered idiosyncratic concern proposal oregon recommendations to put successful immoderate information oregon to follow immoderate concern strategy. While we judge the accusation provided herein is reliable, we bash not warrant its accuracy oregon completeness. The views and strategies described connected our contented whitethorn not beryllium suitable for each investors. Because marketplace and economical conditions are taxable to accelerated change, each comments, opinions, and analyses contained wrong our contented are rendered arsenic of the day of the posting and whitethorn alteration without notice. The worldly is not intended arsenic a implicit investigation of each worldly information regarding immoderate country, region, market, industry, investment, oregon strategy.

Article Sources

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  1. YCharts. "YCharts." Accessed Sept. 12, 2021.

  2. Gran Colombia Gold. “Gran Colombia Announces Second Quarter and First Half 2021 Results.” Accessed Sept. 12, 2021.

  3. Sibanye Stillwater Ltd. "Sibanye-Stillwater delivers grounds fiscal show for the six months ended 30 Jun 2021," Page 1. Accessed Sept. 12, 2021.

  4. Lundin Gold Inc. "Lundin Gold Reports Second Quarter of 2021 Results." Accessed Sept. 12, 2021.

  5. Largo Resources. "Unaudited Condensed Interim Consolidated Financial StatementsFor the Three and Six Months Ended June 30, 2021 and 2020." Accessed Sept. 13, 2021.

  6. First Majestic Silver Corp. "First Majestic Reports Second Quarter Financial Results and Quarterly Dividend Payment." Accessed Sept. 12, 2021.

  7. Ferroglobe PLC. "Ferroglobe Reports Results for the Second Quarter 2021." Accessed Sept. 12, 2021.

  8. American Battery Metals Corp. "American Battery Metals Corporation Announces the Appointment of Ryan Melsert arsenic CEO." Accessed Sept. 12, 2021.

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