Mining & Exploration Stocks To Watch: VKIN, HNRC, CGLD, AMYZF, MWXRF, RFHRF
Since time immemorial the mining sector has made fortunes for people and nowadays, people can own shares in mining and exploration companies that operate all over the world.
An investor now has hundreds upon hundreds of mining and exploration stocks to choose from. In other words, there are plenty of stocks to choose from. Hence, it may be a good idea to shorten the list to a few stocks. Here is a look at six mining and exploration stocks that you could consider tracking at this point in time.
1 Viking Energy Group (OTCMKTS:VKIN)
Growth focussed but diversified energy firm Viking Energy Group is one of the stocks that could be watched closely by investors at this point in time. The company holds majority stakes in a number of subsidiary companies and those companies are responsible for providing tailor-made power and energy solutions to its clients.
The industrial, as well as commercial clients of Viking Energy, are mainly spread across the North American region. In addition to that, the company also has considerable interests in the natural gas and oil sectors in the United States. Earlier on in the year on January 18, the company had announced that it had managed to pick up a 51% stake in a joint venture in a concern that holds the intellectual property related to Bio-Hazard waste and medical waste treatment technology.
2. Houston Natural Resources (OTCMKTS:HNRC)
Another company that could be on the radars of many investors who are hunting for mining and exploration stocks is Houston Natural Resources. The company is innovative in its operations and seeks to unlock value for its shareholders by developing natural resources through the use of advanced technology. On top of that, it is perhaps also necessary to mention that Houston Natural Resources also offers toxic oil field waste disposal services and that brings an environmental angle to the stock as well.
Back on January 27, the stock had come into focus as well when the company announced that its balance sheet remained strong and it was in a position to continue on a path of aggressive growth in 2022. In addition to that Houston Natural Resources also stated that it intends to become free of debt this year as well.
3. Buscar Company (OTCMKTS:CGLD)
This is possibly a company with some difference considering the fact that it is involved in the selling, buying, breeding and eventually racing of thoroughbreds. The company is heavily involved with the world related to the acquisition of racehorses. In this regard, it is also perhaps necessary to point out that in the past the company was known as Buscar Oil but it was in 2015 that it had decided to change its name to the present one.
The company had been established back in 2010 and is based out of Marina Del Rey in California. Back on January 24, the company also announced that it was going to have a forward split in which three and a half units of its shares are going to be awarded for a solitary unit of the old shares held in Buscar Company.
4. American Manganese (OTCMKTS:AMYZF)
If you are on the lookout for companies involved in the critical metals space then it might be time to start focussing on the American Manganese Inc stock. The company is involved in a very niche space. It is engaged in upcycling and recycling lithium-ion battery waste into battery cathode materials that are usually of a higher value. The company is well known for using its RecycLiCo procedure for the same.
Earlier in the month the company actually received a massive boost after it announced that it was going to get a monetary grant and advisory services from the National Research Council of Canada Industrial Research Assistance Program. The grant is meant for the programme titled ‘Demonstration of Continuous Recycling of Cathode Material from Lithium-ion Battery Production Scrap’.
5. Mineworx Technologies (OTCMKTS:MWXRF)
The cleantech sector is expected to be a massive industry in the future and if you are looking for stocks in that space then it might be a good time to start tracking the Mineworx Technologies stock. The company is involved in developing and then commercializing processing technologies for precious metals recovery which are environmentally friendly.
At this point in time, the company is involved in the extraction of palladium and platinum. Earlier this month the company announced that it had sold its Cehegin Iron Ore Asset located in Spain for C$20,000,000.
6. Renforth Resources Inc (OTCMKTS:RFHRF)
Last but certainly not least, it is the mineral exploration company Renforth Resources that could be looked into at this point. The company operates in Canada and is best known at this point for the exploration of batter metals, nickel, and copper. Last week it had emerged that the company was involved with regards to advancing the work related to two projects, the Surimeau District Property, and the Parbec Gold Project.