In an inflationary environment, commodities tend to outperform.
However, many investors are uncomfortable purchasing futures contracts such as copper futures or commodities in general. So instead, if they are looking to buy Canadian stocks to gain exposure to a specific precious metal, they often go to publicly traded producers.
In this article, I will speak on 3 top Canadian copper stocks on the Toronto Stock Exchange that you can look at today to gain exposure to rising copper prices.
Remember, although these are Canadian companies, most of them mine in foreign jurisdictions such as Australia, Peru, Mexico, the United States, Argentina, Ecuador, Mongolia, and many other countries in South America. Understanding where a company’s production is coming from is always important.
Remember, there are plenty of small/nano-cap copper producers here in Canada, like Kodiak Copper (TSXV:KDK). However, just to reduce overall volatility, I’m…
