Metals Monday: Profiting From Resource Pullbacks

Commodity Callout

Uranium is going to be one to watch as it appears to be in the middle of a tug-of-war. On one side, you have increasing demand from the electrification of everything along with power-hungry AI data centers fueled by nuclear power. On the other side, prices have been on the decline of late thanks to a variety of factors such as geopolitical tensions that have affected most markets and the emergence of cheaper, more efficient AI models outside of the US. Still, recent price action shows that the world is sobering up to the idea that uranium demand is only going to go up, making it a viable long-term investment option. You can learn more about one uranium investment set to make big returns for investors by clicking here.

Metal Price Update

Gold — Gold saw a bit of a decline last week on a strengthening dollar to trade in the $2,850 to $2,940 per ounce range. Even with that slight pullback, the yellow metal is up overall and appears to have all the momentum it needs to continue its bull run over the longer term. 

Silver — Silver saw a similar decline, trading between $30.96 and $32.50 per ounce over the last week. That pullback can be attributed to the same reasons for gold’s recent retreat. Yet, just like the yellow metal, there are tailwinds in play to push silver to new highs as investors seek safe havens during this period of heightened market uncertainty. 

Copper — Conversely, copper stood its ground last week, holding a range of around $4.50 per pound. Its resiliency will be a big benefit as it maintains its position as a key metal in the green energy future. 

Lithium Carbonate — A supply glut coupled with souring EV sentiment continues to weigh on lithium prices with the metal trading between $10,300 and $10,460 last week. Mining companies are postponing projects and halting operations because of it. Depending on your goals and timeline, this could be a buying opportunity or a sign to park money elsewhere. 

Uranium — Uranium prices saw a slight uptick over the past week, moving between $64.70 and $65.50 per pound. That move can be attributed to tariffs on energy imports from Canada as the utilities that need uranium to power nuclear plants will have to cough up more money to keep the lights on. 

Company Callout

Not many people think about Finland when it comes to gold exploration but it’s in those largely unexplored areas that a company called FinEx is set to make a name for itself. One of its projects is already turning up high-grade grab samples in an area that neighbors the largest gold mine in Europe. The company’s early success could be a sign of big things to come, and the fact that its land package hasn’t even been half explored means that this is only the beginning of the profit potential. 

Infrastructure is already in place and leadership is made up of industry veterans who have worked with other mining companies that have seen massive success in the past. 

The company is currently private but has plans to list on the TSX-V next quarter and is raising funds via private investment to do just that. 

The deal is featured in Private Placement Intel and is expected to close at the end of the month. Anyone interested in getting in on the deal needs to do so by this Friday, March 7th. You can join Private Placement Intel to learn how to invest privately, get all of the details on the deal, and contact the company to set up your investment by clicking here. 

Keep your eyes open,

Ryan Stancil

Ryan Stancil
Editor, Resource Stock Digest