Written by Aditya Raghunath at The Motley Fool Canada
Quality, lower-priced stocks can help you gain access to the equity market with just a small amount of capital. While a cheap stock may be attractive, you still need to analyze its fundamentals and growth potential before making an investment.
Here, I have shortlisted three top TSX stocks you can buy for less than $20.
Kinross Gold stock
Priced at $6.84 per share, Kinross Gold (TSX:K) is valued at a market cap of $8.4 billion. It is involved in the production, acquisition, exploration, and development of gold properties in the U.S., Russia, Chile, Brazil, Ghana, and Mauritania.
Mining companies such as Kinross Gold can be a proxy for investing in gold, which further diversifies your portfolio. Generally, the share prices of gold miners are tied to gold prices. Moreover, as gold prices and interest rates have an inverse relationship, Kinross Gold stock trades…
