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:
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: