This article is a guide on the top 5 junior copper stocks on the TSXV in 2023.
Copper is a vital metal for the electrical and industrial sector, among numerous other sectors. It is an essential part of the global economy, and it is no wonder why copper stocks remain popular among investors.
The Toronto Stock Exchange (TSXV), an exchange for smaller and unlisted companies, is an attractive option for Canadian investors looking to benefit from the emergence of junior copper stocks. For the year 2023, some of the more promising copper stocks on the TSXV are as follows.
At the top of the list is Monarques Gold Corporation. Founded in 2006, Monarques Gold Corporation engages in exploring, developing, and operating gold deposits in Canada. The company holds a gold property portfolio in the Abitibi region of Quebec comprising the Palmer & Palmer East Projects, the Croinor Gold Project, and other minerals.
Second, Kinross Gold Corporation is a Canadian-based gold mining company that operates in the United States, Russia, Brazil, Chile, and other countries around the world. They are focused on the exploration and development of gold projects in the North and South American continents.
Third, Barrick Gold Corporation is a Toronto-based gold producer with projects in many countries around the world. With operations in the Americas, Africa, and Asia, Barrick Gold is the second largest gold miner in the world.
Fourth, Novagold Resources is a Canadian-based exploration and development company that focuses on gold and copper projects in Canada and the United States. They have gold and copper deposits in Alaska and a number of advanced projects in Ontario, Canada.
Lastly, Wallbridge Mining Company is a Canadian-based nickel, copper, and precious metal mining company that operates mines in Ontario and Quebec. With gold deposits in Sudbury and an iron ore project in Timmins, Ontario, Wallbridge Mining Company is a junior copper stock to look out for in 2023.
In conclusion, these five junior copper stocks on the TSXV are set to be some of the most rewarding investments for the year 2023. Monarques Gold, Kinross Gold, Barrick Gold, Novagold Resources, and Wallbridge Mining Company are all prime investments with big potential gains for investors. So investors seeking to get in on the ground floor of these stocks should certainly consider these companies in the current environment.