Nickel is one of the top 10 most-traded commodities in the world. As an important industrial commodity, it is used to manufacture stainless steel, batteries, and electronics. In this video, our Head of Research discusses two companies with attractive valuations in the nickel market. Watch the video and learn about the most significant risk and opportunities in the space.
As of September 10, 2021, mining/resource companies in our list of top picks were up 77.8% on average since we initiated coverage vs 2% for the benchmark (TSXV).
Corvus Gold’s $4 bid from AngloGold (in July 2021) was 7% higher than our fair value. We had initiated coverage on Corvus in 2017 when its shares were trading at $0.84.
*FRC provides issuer paid coverage.
*Past performance is not indicative of future results.