Brent Cook: How to Profit From Mining Stocks With This Gold Price

Gold’s rally will revive the junior mining market, according to Brent Cook of Exploration Insights.

“We’ve seen some major moves and there are some fundamental reasons behind that move in the gold price that I think are set to continue,” he said.

Junior mining companies will be benefiting the most in the long term, he said, as mid-tier and major mining companies will look to juniors for more resources and “the potential for major discoveries.”

Cook said he prefers the mining space over the physical metal, particularly favoring mid-tier and junior exploration companies.

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MARKET SUMMARY

INDICES

Name Last Change
DOW 26858.20 0.62%
S&P 500 2989.46 0.28%
NASDAQ 8100.05 0.70%
TSX 16402.32 0.15%
TSX-V 542.73 0.00%

Resource Commodities

Name Last Change
Gold 1490.83 0.14%
Silver 17.56 0.17%
Copper 2.59 2.587
Platinum 901.00 0.67%
Oil 53.93 1.06%
Natural Gas 2.32 0.65%
Uranium 24.88 0.00%