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.
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    Author: Travis Esquivel

    Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.

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