Zinc prices were mostly rangebound in 2023 as the market shifted into oversupply. Although the sector is expected to cool further in 2024, ultimately experts agree that its long-term fundamentals remain healthy.
Many base metals have been hit with weakened demand in the past year due to sticky inflation and higher interest rates, and zinc is no exception. Zinc supply has also faced pressure from higher mining and refining costs, causing some major zinc operations and smelters to suspend operations, with more possible if the current economic situation continues. Once demand rebounds along with the economy, stunted supply may once again push zinc prices to the upside.
For investors interested in zinc, the Investing News Network has gathered the biggest TSX- and TSXV-listed zinc stocks by market cap. The list below includes zinc miners and explorers, as well as companies pursuing zinc as a secondary metal.
Data was gathered on January…
