This is our Top Ten Mining Stocks Dually Listed on both Canadian and US Exchanges for the second half of 2014. This list features those that are first Canadian listed, and then are listed on American smallcap exchanges with an “F” as the last letter in the symbol. These companies are not just your typical gold and silver deposits. You will note that some are considered “energy stocks” as those mine for lithium.
To qualify for this list there was a criteria they had to meet. Here is some of that:
- The company had to be fully compliant and in good standing on its primary exchange.
- The stock had to be liquid enough to be appropriate on BOTH the Canadian Exchange (Venture, Toronto, etc.) and AT THE SAME TIME liquid in the American markets. So many Canadians trade great in Canada and trade zero shares day after day in the US. That would be a pointless list. There are some real advantages to being able to buy shares off of a Canadian or US market depending on the current price. .
- We looked at current projects, past revenues, likelihood of future revenues, adjacent projects to active and potential claims, and investor sentiment.
- We created a score system that allowed us to include some and exclude others.
These are presented in alphabetical order as we consider this a group and not a ranking. The descriptions here are from the companies.
THE LIST STARTS AFTER THE BREAK
Balmoral Resources Ltd
Founded in 2010 Balmoral Resources is a gold exploration and development company focused on creating shareholder value through the acquisition, aggressive exploration and development of gold projects/resources in the major gold districts of North America. Balmoral’s portfolio of advanced and early stage gold exploration projects is located in the Abitibi greenstone belt. This belt of ancient rocks, which stretches through Quebec and eastern Ontario, is home to the Detour Lake, Casa Berardi, Timmins, Kirkland and Val-D’Or gold mining camps and has produced well over 130 million ounces of gold — the 2nd largest accumulation of gold on Earth. The Abitibi has also been home to some of the most exciting new gold discoveries in the last 5 years and continues to maintain Canada at the forefront of the gold mining business.
Endeavour Mining Corporation
Endeavour is a gold producer delivering growth. Endeavour owns four gold mines producing more than 400,000 ounces per year in Mali, Ghana, Burkina Faso, and Côte d’Ivoire. In addition, in November 2013 a Feasibility Study for the Houndé Project in Burkina Faso was completed showing potential for approximately 180,000 ounces per year over 8 years. The project is now in permitting. Endeavour Mining Corporation is listed on the TSX (symbol EDV) and ASX (symbol EVR), and also trades on the OTCQX (symbol EDVMF).