Copper Penny Stocks to Buy with High Profit Margins

0

Copper penny stocks could be a very smart buy right now. The new bill on infrastructure is voted and signed. Soon, large sums of money will be pumped into many industries in the years to come.

And if you profit from pumping those dollars, you could get some good returns on your investment.

Below I have described some of the best copper penny stocks. Specifically, these all have gross profit margins above 10%.

Best copper penny stocks

  1. Sandfire Resources Ltd. (OTC: SFRRF)
  2. Capstone Mining Corp. (OTC: CSFFF)
  3. Copper Mountain Mining Corporation (OTC: CPPMF)
  4. Metals X Ltd. (OTC: MLXEF)
  5. Amerigo Resources Ltd. (OTC: ARREF)
  6. Hot Chili Ltd. (OTC: HHLKF)
  7. Aranjin Resources Ltd. (OTC: FVVSF)

Copper Penny Stocks to Buy

Sandfire Resources Ltd.

An Australian copper and gold miner, Sandfire strives to focus on the environment. In addition, the company helps local communities and ensures the safety of its workers. Sandfire even emphasizes the importance of employee mental health.

This copper penny stock also provides a dividend. So if you’re interested in dividend-paying stocks, it might be worth taking a deeper look at Sandfire.

In September 2021, he announced that he would acquire the MATSA mining complex. This project is a very big asset in Spain. It already produces copper. The mine is underground and is expected to complete its transfer by the end of the March 2022 quarter.

Capstone Mining Corp.

Capstone has a market capitalization of US $ 1.9 billion. It is therefore not a small operation. It is a Canadian company with two active copper mines in the United States and Mexico. In addition, the company has many other assets under exploration. In addition, another copper, iron and gold project in Chile.

A member of the board of directors recently retired. So this copper stock company may be looking for someone to fill its niche. Additionally, in October 2021, he announced that his cash flow stood at $ 208 million.

Copper Mountain Mining Company

Copper Mountain is a copper penny stock that hasn’t quite hit the billion dollar mark. It therefore still has growth potential. It is a Canadian company that produces 100 million pounds of copper per year.

In addition, the company recently acquired another mine called New Ingerbelle. And with this new mine, Copper Mountain’s production is expected to reach 139 million pounds of copper. It is for each year.

Copper Mountain is very transparent with its expected income and current income. He expects to get $ 1.19 a pound for the first ten years of the new mine. In addition, the mine is expected to last 21 years.

Métaux X Ltée.

Metals X is another Australian company. It has a nice market capitalization. But not so low that it is difficult to buy stocks. It is around 252 million US dollars.

Most of what Metals X provides is cobalt, nickel, and tin. But the company has an underground copper and cobalt project.

Nifty Copper mining dates back to 1981, when oxide copper was first discovered at this location. Which, by the way, is in Western Australia.

Over the years, there have been drilling. There was also a sulfide resource that was discovered. And the asset passed through several different hands.

Metals X is a great copper penny stock if you’re looking for something with a little more diversification.

Amerigo Resources Ltd.

The history of this copper penny stock dates back to 1984. A Canadian company, it produces copper in Chile. Specifically, the company produces copper from the world’s largest underground mine. It also has a great advantage in that the mine does not present a great safety risk.

Amerigo aims to ensure the safety of workers. Also, support local communities and be respectful of the environment. Amerigo gives shareholders a dividend. So it is clear that they also take care of their shareholders.

In August, the Minera Valle Central mine received the San Lorenzo 2021 award. This award was presented by the National Mining Company of Chile.

Hot Chili Ltd.

Besides the big name, Hot Chili is a big player in the copper mining industry. This copper penny stock is one of the biggest producers. And that’s not good enough for them. Hot Chili Ltd. strives to be the largest in Chile.

The company owns three major projects. And each project is located in Chile. The projects are also very close to each other. Best of all, they are in a world renowned location for copper production.

Penny Copper Stocks: Aranjin Resources Ltd.

Aranjin is a copper penny stock with great leadership. It has directors from many parts of the world. In addition, the experience of these people is also very diverse. There are people who have backgrounds as varied as energy, technology, gold and art.

With its head office in Canada, it has three projects in Mongolia.

“The Last Word” and Other Opportunities from Copper Penny Stocks

Copper penny stocks may not be the sexiest industries. But, the point is, there will be a lot of money going into infrastructure in the years to come. With the passage and signing of the new infrastructure bill, it will affect a variety of different industries.

All of these industries will experience growth. And stocks will rise with this growth.

For more information on the best investment opportunities on the market, subscribe to Profit trends e-letter below. This e-letter is packed with tips and tricks from the best experts in market trends.


About Vanessa Adelman

Vanessa Adelman graduated with an interdisciplinary degree. She specialized in entrepreneurship, painting, music and cinema. Shortly thereafter, she received a writing mentorship with Mark Morgan Ford. Then she got her AWAI verification. Now Vanessa is freelance in the direct financial response industry. She has been investing since 2016. In her spare time, she enjoys books on money and wealth. She enjoys being with her boyfriend, hunting, fishing and having outdoor adventures.

Share.

Comments are closed.