Many of the top Canadian mining stocks look to be on sale right now, as Trump tariff threats and fears of a looming recession weigh heavily. Indeed, the commodity plays may be rich with deep value, but Canadian investors are going to need to be patient, as the commodity scene often takes a very long time to turn a corner. Indeed, I’m usually a bigger fan of buying the commodity miners on the way up rather than the way down. That said, with various names flirting with multi-year depths, I’m inclined to believe that the severely oversold conditions put the odds in favour of investors willing to brave the dip.
Unless you’ve got a time horizon exceeding six years, though, the commodity plays could introduce more risk to a Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio rather than taking away risk. Either way, if you like dividends and are willing to embrace further volatility, the following…
