SM Silvercorp Metals (SVM) — Stock Analysis 2026 [3.7] Silvercorp Metals is a silver producer whose cash flow comes from two underground districts in China — Ying in Henan and GC in Guangdong — and whose next mine, the El Domo copper-gold open pit in Ecuador, is in … Last Update Oct 30, 2026 · 47 min read · SilverPrecious MetalsCompany Analysis
BE Boss Energy (BOE) — Stock Analysis 2026 [2.7] Boss Energy produces uranium by in-situ recovery at Honeymoon in South Australia, which it owns outright, and holds 30% of the Alta Mesa operation in Texas. The thesis in one line: Honeymoon runs and the balance sheet … Last Update Oct 27, 2026 · 40 min read · UraniumEnergy MetalsCompany Analysis
IS IsoEnergy (ISO) — Stock Analysis 2026 [3.2] IsoEnergy owns Hurricane in Saskatchewan’s Athabasca Basin — 48.6 Mlb of Indicated uranium at 34.5% U₃O₈, the highest grade published for an Indicated resource — together with the Wiluna project in Western Australia, … Last Update Oct 27, 2026 · 42 min read · UraniumEnergy MetalsCompany Analysis
CE Centrus Energy (LEU) — Stock Analysis 2026 [3.3] Centrus Energy sells enriched uranium — separative work units (SWU) — and natural uranium to utilities from a US$3.7 bn backlog that runs to 2040, and operates the Department of Energy’s high-assay low-enriched uranium … Last Update Oct 27, 2026 · 41 min read · UraniumEnergy MetalsCompany Analysis
CN Canada Nickel (CNC) — Stock Analysis 2026 [3.3] This Canada Nickel (CNC) stock analysis covers a company with one project to build: Crawford, near Timmins in Ontario, with 3,789 kt of nickel in proven and probable reserves and a 41-year mine plan in its 2023 … Last Update Oct 23, 2026 · 42 min read · NickelBattery MetalsCompany Analysis
EF Energy Fuels (UUUU) — Stock Analysis 2026 [2.7] Energy Fuels mines uranium in Arizona and Utah, processes it at its White Mesa Mill, and is turning that mill into a rare-earth refinery fed by mineral-sands projects in Madagascar, Australia and Brazil. The thesis in … Last Update Oct 21, 2026 · 46 min read · UraniumEnergy MetalsCompany Analysis
AM Altius Minerals (ALS) — Stock Analysis 2026 [3.5] Altius Minerals owns royalties on Saskatchewan potash, a copper stream on Lundin Mining’s Chapada mine, half of the Great Bay Renewables royalty business, lithium royalties in Mali, Brazil and Argentina and a gold … Last Update Oct 18, 2026 · 42 min read · CopperBase MetalsCompany Analysis
BM Barrick Mining (ABX) — Stock Analysis 2026 [3.2] Barrick Mining mined 3,255 thousand ounces of attributable gold and 220 thousand tonnes of copper in 2025 and holds 85 Moz of gold reserves, anchored by its 61.5% of Nevada Gold Mines. The thesis in one line: a large, … Last Update Oct 18, 2026 · 43 min read · GoldPrecious MetalsCompany Analysis
NU Nutrien (NTR) — Stock Analysis 2026 [4.1] Nutrien mines potash at six Saskatchewan mines, makes nitrogen and phosphate fertilizer, and sells crop inputs to farmers through a Retail business that brought in US$17.6 billion of 2025 net sales. The thesis in one … Last Update Oct 16, 2026 · 41 min read · PotashAgricultureCompany Analysis
IP International Petroleum (IPCO) — Stock Analysis 2026 [3.0] International Petroleum is an E&P producer in the oil and gas sector: it produced 44.9 Mboe/d in 2025 from Canada, Malaysia and France, two-thirds of it crude oil and the rest Canadian gas. The thesis in one line: a … Last Update Oct 19, 2026 · 42 min read · Oil and GasNatural GasCompany Analysis
GL Glencore (GLEN) — Stock Analysis 2026 [3.3] Glencore is a diversified miner and a commodity trader in one company: copper in the DRC, Chile and Peru, zinc in Kazakhstan and Australia, steelmaking coal in Canada, thermal coal in Australia, South Africa and … Last Update Oct 16, 2026 · 59 min read · CopperBase MetalsCompany Analysis
RT Rio Tinto (RIO) — Stock Analysis 2026 [3.7] Rio Tinto runs the Pilbara iron ore system in Western Australia, three copper mines on three continents and an aluminium business in Canada and Australia, and is now ramping Simandou in Guinea. The thesis in one line: at … Last Update Oct 18, 2026 · 45 min read · IronBase MetalsCompany Analysis
MR Matador Resources (MTDR) — Stock Analysis 2026 [3.1] Matador Resources is an E&P producer in the oil and gas sector: a Dallas-based operator that produced 207,070 boe/d in 2025, 98% of it from the Delaware Basin, with 667.0 mmboe of SEC proved reserves and a 51% stake in … Last Update Oct 16, 2026 · 42 min read · Oil and GasNatural GasCompany Analysis
NE Newmont (NEM) — Stock Analysis 2026 [3.9] Newmont is the world’s largest gold miner — scored and valued here as a mining producer in precious metals, with copper, silver, zinc and lead as by-products — and it produced 5.89 million attributable ounces in 2025 at … Last Update Oct 15, 2026 Free · full valuation · 61 min read · GoldPrecious MetalsCompany Analysis
FR Freehold Royalties (FRU) — Stock Analysis 2026 [3.4] Freehold Royalties drills no wells, yet it is paid a royalty on oil and gas from more than 21,000 producing wells run by over 380 operators in Canada and the United States, and in 2025 it kept C$43.94 of every C$51.07 it … Last Update Oct 15, 2026 · 39 min read · Oil and GasNatural GasCompany Analysis
EX ExxonMobil (XOM) — Stock Analysis 2026 [4.1] ExxonMobil is the largest Western investor-owned oil company: 4,736 thousand barrels of oil equivalent a day in 2025, plus refining, chemicals and lubricants run as three more segments. The thesis in one line: a strong, … Last Update Oct 15, 2026 Free · full valuation · 55 min read · Oil and GasNatural GasCompany Analysis
EG Equinox Gold (EQX) — Stock Analysis 2026 [3.2] Equinox Gold is a gold producer — scored and valued here as a mining producer in precious metals — that has remade itself in sixteen months: it bought Calibre Mining in June 2025, sold its Brazil mines for US$900 m in … Last Update Oct 14, 2026 · 42 min read · GoldPrecious MetalsCompany Analysis
AG Aya Gold & Silver (AYA) — Stock Analysis 2026 [3.7] Aya Gold & Silver is a silver producer with every asset in Morocco: the Zgounder mine, expanded to about 6 Moz a year, and Boumadine, a gold-silver-zinc-lead project whose September 2026 study puts its after-tax NPV5% at … Last Update Oct 11, 2026 · 40 min read · SilverPrecious MetalsCompany Analysis
UE Uranium Energy (UEC) — Stock Analysis 2026 [3.2] Uranium Energy owns the largest licensed in-situ recovery (ISR) uranium platform in the United States — 12.1 Mlb/yr of processing capacity across Wyoming and South Texas — plus the high-grade Roughrider deposit in … Last Update Oct 15, 2026 · 37 min read · UraniumEnergy MetalsCompany Analysis
BE Birchcliff Energy (BIR) — Stock Analysis 2026 [3.1] Birchcliff Energy is an E&P producer in the natural-gas sector: a 100%-operated Alberta Montney company producing about 80,000 boe/d, with 946.0 mmboe of proved plus probable reserves — 32.4 years at its 2025 rate. The … Last Update Oct 10, 2026 · 42 min read · Natural GasOil and GasCompany Analysis
NE NextDecade (NEXT) — Stock Analysis 2026 [3.5] NextDecade stock is a claim on Rio Grande LNG, a 30 MTPA export plant rising on the Brownsville Ship Channel — but a claim on slices of it, not on the plant. Construction keeps beating plan: Trains 1 and 2 were 74% … Last Update Oct 12, 2026 · 37 min read · Natural GasOil and GasCompany Analysis
FM First Majestic Silver (AG) — Stock Analysis 2026 [2.4] First Majestic Silver is the most silver-weighted of the large listed producers: four underground mines in Mexico that took 57% of their 2025 metal revenue from silver. The thesis in one line: a mid-sized, Mexico-only … Last Update Oct 18, 2026 · 59 min read · SilverPrecious MetalsCompany Analysis
AG Alamos Gold (AGI) — Stock Analysis 2026 [4.1] Alamos Gold is an intermediate gold producer with 15.9 million ounces of reserves booked at an $1,800 gold price, three growth projects with published economics and net cash. The thesis in one line: the best-documented … Last Update Sep 24, 2026 · 64 min read · GoldPrecious MetalsCompany Analysis
ER Ecora Royalties (ECOR) — Stock Analysis 2026 [3.2] Ecora Royalties is a London-listed royalty company that has spent five years swapping a wasting coal royalty for copper and cobalt streams and royalties — and the first half of 2026 is the first period in which the new … Last Update Oct 22, 2026 · 36 min read · CopperBase MetalsCompany Analysis
TO Tourmaline Oil (TOU) — Stock Analysis 2026 [3.6] Tourmaline Oil is Canada’s largest natural gas producer: 630,000 barrels of oil equivalent a day of guided 2026 output from two stacked-pay basins, and a marketing book that sells Alberta gas into Chicago, California, … Last Update Sep 15, 2026 · 42 min read · Natural GasOil and GasCompany Analysis
SR Strathcona Resources (SCR) — Stock Analysis 2026 [3.9] Strathcona Resources is a Calgary-based, Waterous Energy Fund-controlled heavy oil producer that spent 2025 turning itself into something rare in Canadian energy: a pure-play, long-life thermal and heavy oil company, … Last Update Sep 9, 2026 · 38 min read · Oil and GasNatural GasCompany Analysis
CE Cenovus Energy (CVE) — Stock Analysis 2026 [3.6] Cenovus Energy spent 2025 doing two things at once: buying scale and shedding complexity. The thesis in one line: a US$7.1-billion, mostly-share acquisition of MEG Energy added more than 36.5 million barrels a year of … Last Update Sep 9, 2026 · 36 min read · Oil and GasNatural GasCompany Analysis
DM Denison Mines (DML) — Stock Analysis 2026 [3.7] Denison Mines is building Phoenix, an in-situ recovery uranium mine in Saskatchewan’s Athabasca Basin, on a 56.7 mlb reserve grading 11.7% U₃O₈. The thesis in one line: a licensed and funded build with a study all-in … Last Update Oct 10, 2026 · 40 min read · UraniumEnergy MetalsCompany Analysis
UR Uranium Royalty Corp (UROY) — Stock Analysis 2026 [3.9] Six weeks ago, Uranium Royalty Corp was a small, mostly pre-cash-flow uranium royalty company that made almost all of its money trading its own physical uranium stockpile. Then it wasn’t: on 27 July 2026 it closed the … Last Update Sep 8, 2026 · 37 min read · UraniumEnergy MetalsCompany Analysis
PE Paladin Energy (PDN) — Stock Analysis 2026 [2.8] Paladin Energy runs the Langer Heinrich uranium mine in Namibia, restarted and now producing at its guided rate, and owns Patterson Lake South, a high-grade Athabasca Basin deposit in Saskatchewan that needs US$1,226 … Last Update Oct 10, 2026 · 36 min read · UraniumEnergy MetalsCompany Analysis
OV Ovintiv (OVV) — Stock Analysis 2026 [3.6] Ovintiv spent two years reshaping itself from a sprawling, four-basin generalist into a focused, two-play North American oil producer. It bought oil-rich Montney acreage in Alberta from Paramount Resources and NuVista … Last Update Sep 16, 2026 · 32 min read · Oil and GasNatural GasCompany Analysis
OP Occidental Petroleum (OXY) — Stock Analysis 2026 [3.7] Occidental is the oil-weighted US producer that spent eighteen months repairing its Anadarko-era balance sheet: the US$9.7 billion sale of OxyChem to Berkshire Hathaway, closed on 2 January 2026, and a strong first half … Last Update Oct 19, 2026 · 40 min read · Oil and GasNatural GasCompany Analysis
ER EOG Resources (EOG) — Stock Analysis 2026 [4.7] For a quarter of a century EOG Resources has been the company other US shale operators are measured against — the disciplined, low-cost, technically-driven independent that pioneered the “premium” drilling hurdle and … Last Update Sep 7, 2026 · 33 min read · Oil and GasNatural GasCompany Analysis
DE Diamondback Energy (FANG) — Stock Analysis 2026 [4.2] Diamondback spent two years turning itself into the Permian’s last great consolidator. With the ~US$26 billion Endeavor Energy Resources merger in September 2024 and the ~US$4 billion Double Eagle bolt-on in April 2025, … Last Update Sep 16, 2026 · 30 min read · Oil and GasNatural GasCompany Analysis
DE Devon Energy (DVN) — Stock Analysis 2026 [4.1] Devon Energy has become one of the largest independents in US shale. Its all-stock merger of equals with Coterra Energy — closed in May 2026 — pairs Devon’s oil-rich, four-basin base with Coterra’s premier Marcellus gas … Last Update Sep 16, 2026 · 32 min read · Oil and GasNatural GasCompany Analysis
CN Canadian Natural Resources (CNQ) — Stock Analysis 2026 [4.5] Canadian Natural Resources is the largest independent oil and gas producer in Canada and one of the few companies anywhere that mines bitumen, drills conventional oil and gas, runs thermal steam projects, and upgrades … Last Update Sep 7, 2026 · 43 min read · Oil and GasNatural GasCompany Analysis
AM Aris Mining (ARIS) — Stock Analysis 2026 [3.6] Aris Mining runs Segovia, one of the highest-grade underground gold mines in the Americas — reserves at 10.70 g/t — while building Marmato’s 5,000-tpd plant and holding two large undeveloped projects behind them. The … Last Update Oct 10, 2026 · 45 min read · GoldPrecious MetalsCompany Analysis
AR Antero Resources (AR) — Stock Analysis 2026 [3.7] Antero Resources sells the richest barrel-equivalent in Appalachia and pays the highest toll to get it to market. In FY2025 it realised US$3.99 per thousand cubic feet equivalent — 45% more than its nearest dry-gas … Last Update Sep 6, 2026 · 58 min read · Natural GasOil and GasCompany Analysis
CR CNX Resources (CNX) — Stock Analysis 2026 [3.7] CNX Resources is the quiet, unfashionable end of Appalachian gas: no dividend, 390 employees, almost no liquids, and a business built on owning four million acres of Pennsylvania, West Virginia, Ohio and Virginia … Last Update Sep 6, 2026 · 56 min read · Natural GasOil and GasCompany Analysis
RR Range Resources (RRC) — Stock Analysis 2026 [4.5] Range Resources owns twenty-two years of proved reserves and is in no hurry to produce them. That single fact explains almost everything: why its free-cash-flow yield screens as the thinnest in the basin, why management … Last Update Sep 9, 2026 · 52 min read · Natural GasOil and GasCompany Analysis
EE Expand Energy (EXE) — Stock Analysis 2026 [4.0] Expand Energy is the largest gas producer in its US peer set, at 7.18 Bcfe a day in 2025 from three operated basins. The thesis in one line: a low-cost, low-leverage gas business whose 9.9-year proved book is worth far … Last Update Oct 18, 2026 · 36 min read · Natural GasOil and GasCompany Analysis
NS Northern Star (NST) — Stock Analysis 2026 [3.6] Northern Star is Australia’s largest gold miner, it owns the biggest gold mine in the country, and it has just spent three years and A$1.6 billion rebuilding that mine’s processing plant while missing its own guidance … Last Update Sep 2, 2026 · 62 min read · GoldPrecious MetalsCompany Analysis
WR Whitecap Resources (WCP) — Stock Analysis 2026 [3.9] Whitecap spent 2025 turning itself into one of Canada’s largest oil and gas producers in a single stroke, and Q2 2026 was the quarter that proved the deal out. The ~C$15 billion all-share combination with Veren (the … Last Update Sep 2, 2026 · 36 min read · Oil and GasNatural GasCompany Analysis
EC EQT Corporation (EQT) — Stock Analysis 2026 [4.3] EQT is the only large-scale natural gas producer in the United States that owns the pipes its own gas flows through, and in 2025 that stopped being a slogan and started showing up in the accounts: transportation and … Last Update Sep 4, 2026 · 54 min read · Natural GasOil and GasCompany Analysis
PM Pilbara Minerals (PLS) — Stock Analysis 2026 [3.8] Pilbara Minerals, now PLS Group, is a lithium producer on one mine: Pilgangoora in Western Australia, 100% owned, which made a record 879.5 kt of spodumene concentrate in FY2026. The thesis in one line: a long-life, … Last Update Aug 26, 2026 · 37 min read · LithiumBattery MetalsCompany Analysis
PE Peyto Exploration (PEY) — Stock Analysis 2026 [3.9] Peyto Exploration is an E&P producer in the natural-gas sector: an Alberta Deep Basin company that produced 134,055 boe/d in 2025, 88% of it natural gas, through gas plants it owns. The thesis in one line: the … Last Update Oct 18, 2026 · 38 min read · Natural GasOil and GasCompany Analysis
AL Albemarle (ALB) — Stock Analysis 2026 [3.7] Albemarle is a lithium producer — scored and valued here as a mining producer — with 223.6 kt LCE of attributable output in 2025 from a 49% share of Greenbushes, all of the Salar de Atacama, half of Wodgina and Silver … Last Update Aug 26, 2026 · 40 min read · LithiumBattery MetalsCompany Analysis
MO Mosaic (MOS) — Stock Analysis 2026 [3.0] Mosaic mines potash at three Saskatchewan mines and phosphate in Florida, Peru and Brazil, where it also runs a fertilizer distribution business that brought in US$4,847 m of 2025 net sales. The thesis in one line: a … Last Update Aug 25, 2026 · 43 min read · PotashAgricultureCompany Analysis
SG Seabridge Gold (SEA) — Stock Analysis 2026 [3.9] Seabridge Gold owns KSM in northwest British Columbia: 47.3 Moz of gold and 7,320 Mlb of copper in proven and probable reserves, permitted, and not yet financed. The thesis in one line: the shares price KSM as if its … Last Update Oct 14, 2026 · 41 min read · GoldPrecious MetalsCompany Analysis
LM Lundin Mining (LUN) — Stock Analysis 2026 [3.6] Lundin Mining has sold its European zinc and US nickel mines to become a South American copper producer with a net-cash balance sheet and half of Vicuña, a district holding 14,338 kt of measured and indicated copper. The … Last Update Oct 13, 2026 · 39 min read · CopperBase MetalsCompany Analysis
FQ First Quantum (FM) — Stock Analysis 2026 [3.0] First Quantum Minerals is a Zambia-anchored copper producer whose largest mine, Cobre Panamá, has sat in preservation and safe management since Panama’s Supreme Court struck down its contract in 2023. The thesis in one … Last Update Oct 11, 2026 · 38 min read · CopperBase MetalsCompany Analysis
FO Fortescue (FMG) — Stock Analysis 2026 [3.7] Fortescue shipped 201.3 Mt of Pilbara iron ore in FY2026 at a hematite C1 cost of US$18.74/wmt, through its own rail line and port, and ended the year with net debt of only US$857 m. The thesis in one line: a low-cost, … Last Update Oct 18, 2026 · 40 min read · IronBase MetalsCompany Analysis
SC Southern Copper (SCCO) — Stock Analysis 2026 [4.1] Southern Copper mines copper at almost no net cost: in the first half of 2026 its by-product credits more than covered the cash cost, leaving a net credit of US$0.03 a pound. The thesis in one line: a Solid, long-life … Last Update Oct 19, 2026 · 43 min read · CopperBase MetalsCompany Analysis
VA Vale (VALE) — Stock Analysis 2026 [3.2] Vale mines high-grade iron ore — reserves at 64.6–65.3% Fe — at Carajás in northern Brazil and runs a copper and nickel business, Vale Base Metals, beside it. The thesis in one line: at US$14.59 the shares already price … Last Update Aug 23, 2026 · 38 min read · IronBase MetalsCompany Analysis
CH Chevron (CVX) — Stock Analysis 2026 [3.4] Chevron is the second-largest producer among the Western oil majors, enlarged in July 2025 by the Hess acquisition, which added the Bakken and a share of Guyana’s Stabroek block. The thesis: a quality integrated business … Last Update Aug 23, 2026 · 37 min read · Oil and GasNatural GasCompany Analysis
FR Fresnillo (FRES) — Stock Analysis 2026 [3.6] Fresnillo mines more silver than any company in its peer set — 48.7 Moz attributable in 2025, more than twice Pan American’s 22.84 Moz — with 600.3 koz of gold beside it, from six producing mines in Mexico controlled … Last Update Oct 18, 2026 · 41 min read · SilverPrecious MetalsCompany Analysis
NE NexGen Energy (NXE) — Stock Analysis 2026 [4.0] This NexGen Energy (NXE) stock analysis covers a company building one mine: Rook I, home of the Arrow deposit in Saskatchewan’s Athabasca Basin, with 239.6 mlb of probable reserves at 2.37% U₃O₈ designed to produce 30 … Last Update Aug 20, 2026 · 39 min read · UraniumEnergy MetalsCompany Analysis
KA Kazatomprom (KAP) — Stock Analysis 2026 [4.2] Kazatomprom is the world’s largest uranium producer: 67.18 Mlb of U₃O₈ in 2025 on a 100% basis from fourteen in-situ recovery mines in southern Kazakhstan, at the lowest cash cost of any listed miner. The thesis in one … Last Update Oct 11, 2026 · 44 min read · UraniumEnergy MetalsCompany Analysis
FR Freeport-McMoRan (FCX) — Stock Analysis 2026 [3.5] Freeport-McMoRan owns three of the world’s great copper districts — Grasberg in Indonesia, Morenci in Arizona and Cerro Verde in Peru — with 112.3 billion pounds of copper reserves behind them. The thesis in one line: … Last Update Oct 18, 2026 · 41 min read · CopperBase MetalsCompany Analysis
PR Parex Resources (PXT) — Stock Analysis 2026 [3.2] Parex Resources is the cheapest name in this coverage and the one whose price is almost entirely a jurisdiction story. The thesis in one line: a ~16.4 mmboe/yr, Brent-linked Colombian oil producer with a deep 2P reserve … Last Update Aug 14, 2026 · 33 min read · Oil and GasCompany Analysis
HE Headwater Exploration (HWX) — Stock Analysis 2026 [3.7] Editor’s note, 20 October 2026: on 8 September 2026 Headwater and Tamarack Valley announced an all-stock strategic combination under a definitive arrangement agreement (Headwater news release). This analysis predates the … Last Update Oct 20, 2026 · 38 min read · OilOil and GasCompany Analysis
BE Baytex Energy (BTE) — Stock Analysis 2026 [3.4] Baytex Energy is a Calgary oil producer that sold its US Eagle Ford business in December 2025 for CA$3.0 bn of net proceeds and now runs only Canadian heavy and light oil, with CA$566.3 m of net cash. The thesis in one … Last Update Oct 20, 2026 · 40 min read · OilOil and GasCompany Analysis
TV Tamarack Valley (TVE) — Stock Analysis 2026 [3.7] Editor’s note, 21 October 2026: on 8 September 2026 Tamarack Valley and Headwater Exploration announced an all-stock strategic combination under a definitive arrangement agreement (Headwater news release). This analysis … Last Update Oct 21, 2026 · 43 min read · OilOil and GasCompany Analysis
LR LunR Royalties (LUNR) — Stock Analysis 2026 [2.9] This LunR Royalties (LUNR) stock analysis covers LunR Royalties, the Lundin Group company that owns a stream on all the payable silver from Lundin Gold’s Fruta del Norte mine in Ecuador until 12.2 Moz are delivered, plus … Last Update Oct 19, 2026 · 37 min read · SilverPrecious MetalsCompany Analysis
VR Vox Royalty (VOXR) — Stock Analysis 2026 [2.9] Vox Royalty spent a decade collecting small Australian royalties, then in September 2025 paid US$56.1 m for three gold purchase agreements over Bonikro and Greenstone — and its 2026 receipts guidance is now US$32–37 m … Last Update Oct 19, 2026 · 40 min read · GoldPrecious MetalsCompany Analysis
ER Elemental Royalty (ELE) — Stock Analysis 2026 [3.2] This Elemental Royalty (ELE) stock analysis covers Elemental Royalty, the gold-and-copper royalty company formed when Elemental Altus combined with EMX Royalty in November 2025, now holding 18 producing royalties led by … Last Update Oct 19, 2026 · 40 min read · GoldPrecious MetalsCompany Analysis
DR Deterra Royalties (DRR) — Stock Analysis 2026 [3.6] Deterra Royalties collects 1.232% of the Australian-dollar FOB revenue from BHP’s Mining Area C, the Pilbara iron-ore hub that produced a record 151.8 million wet tonnes in FY26. The thesis in one line: a tier-1 royalty … Last Update Oct 18, 2026 · 38 min read · IronBase MetalsCompany Analysis
MR Metalla Royalty (MTA) — Stock Analysis 2026 [2.7] Metalla holds 98 royalties and streams — paid today by mines run by Coeur, Polymetals, G Mining and Aura, the largest unpaid ones on IAMGOLD’s and First Quantum’s ground — and in 2026 it began to earn like a royalty … Last Update Oct 19, 2026 · 39 min read · GoldPrecious MetalsCompany Analysis
GR Gold Royalty (GROY) — Stock Analysis 2026 [3.1] Gold Royalty holds royalties and one copper stream on mines run by Agnico Eagle, IAMGOLD, BHP, DPM Metals and Aura Minerals, and in 2026 it began to earn like a royalty company: US$13.9 m of first-half revenue and US$3.6 … Last Update Oct 19, 2026 · 39 min read · GoldPrecious MetalsCompany Analysis
CA Cameco (CCJ) — Stock Analysis 2026 [4.1] Cameco mines the two highest-grade uranium orebodies in the world — Cigar Lake at 16.33% U₃O₈ and McArthur River at 6.48% — holds 433.0 Mlb of attributable reserves, carries net cash and owns 49% of Westinghouse. The … Last Update Oct 10, 2026 Free · full valuation · 60 min read · UraniumEnergy MetalsCompany Analysis
OR OR Royalties (OR) — Stock Analysis 2026 [4.0] OR Royalties spent 2025 quietly compounding: a “triple crown” of record revenue, cash flow and earnings, a fully repaid credit facility that left it debt-free for the first time in a decade, and a steady stream of … Last Update Aug 12, 2026 · 51 min read · GoldPrecious MetalsCompany Analysis
TF Triple Flag (TFPM) — Stock Analysis 2026 [4.4] Triple Flag Precious Metals is a Toronto-based, asset-light royalty and streaming company that owns 242 gold- and silver-linked interests across nine countries and takes none of the operating or capital-cost risk of … Last Update Aug 12, 2026 · 49 min read · GoldPrecious MetalsCompany Analysis
WP Wheaton Precious Metals (WPM) — Stock Analysis 2026 [4.5] Wheaton Precious Metals is the largest listed precious-metals streaming company by portfolio breadth — 42 long-term agreements across 48 mining assets in 18 countries, anchored by a 75% gold stream on Vale’s giant Salobo … Last Update Sep 9, 2026 Free · full valuation · 76 min read · GoldPrecious MetalsCompany Analysis
RG Royal Gold (RGLD) — Stock Analysis 2026 [4.2] Royal Gold spent 2025 becoming a different company. With the ~US$4.1 billion all-stock acquisition of Sandstorm Gold and Horizon Copper and a US$1.0 billion gold stream on First Quantum’s Kansanshi mine, it vaulted from … Last Update Aug 12, 2026 · 45 min read · GoldPrecious MetalsCompany Analysis
FR Franco-Nevada (FNV) — Stock Analysis 2026 [4.6] Franco-Nevada is the royalty and streaming sector’s longest-tenured franchise — founded in 1986, IPO’d in 2007, and now holding 430 royalty, stream and other interests (119 producing) spread across precious metals, other … Last Update Aug 12, 2026 · 47 min read · GoldPrecious MetalsCompany Analysis
CM Coeur Mining (CDE) — Stock Analysis 2026 [3.6] Coeur Mining is a gold-silver-copper producer — archetype producer (mining), sector precious metals — that two all-stock deals turned into a seven-mine company across the United States, Mexico and Canada. The thesis in … Last Update Oct 10, 2026 · 48 min read · GoldPrecious MetalsCompany Analysis
IO Imperial Oil (IMO) — Stock Analysis 2026 [3.8] Imperial Oil is ExxonMobil’s 69.6%-owned Canadian affiliate: three oil-sands assets — Kearl, Cold Lake and a 25% share of Syncrude — that produced 438 kboe/d before royalties in 2025, feeding three refineries with 434 … Last Update Oct 19, 2026 · 39 min read · Oil and GasNatural GasCompany Analysis
SE Suncor Energy (SU) — Stock Analysis 2026 [3.9] Suncor Energy is Canada’s original oil-sands company and its most integrated one: it mines and upgrades bitumen, pumps offshore crude off Newfoundland, runs five refineries and sells the fuel through 1,732 Petro-Canada … Last Update Oct 18, 2026 · 46 min read · Oil and GasCompany Analysis
BG BHP Group (BHP) — Stock Analysis 2026 [3.9] BHP Group is the largest diversified miner listed anywhere, and almost all of its earnings come from Western Australian iron ore and from copper in Chile, South Australia and Peru. The thesis in one line: the lowest-cost … Last Update Oct 13, 2026 Free · full valuation · 56 min read · CopperBase MetalsCompany Analysis
EM Endeavour Mining (EDV) — Stock Analysis 2026 [3.2] Endeavour Mining is a senior gold miner — scored and valued here as a mining producer in precious metals — that produced 1.21 million ounces in 2025 from five mines in Côte d’Ivoire, Senegal and Burkina Faso. The thesis … Last Update Aug 8, 2026 · 41 min read · GoldPrecious MetalsCompany Analysis
EM Evolution Mining (EVN) — Stock Analysis 2026 [4.2] Evolution Mining is a gold producer with a copper business inside it — scored and valued here as a mining producer in precious metals, with copper as a co-product — and its five mines in New South Wales, Queensland, … Last Update Aug 8, 2026 · 42 min read · GoldPrecious MetalsCompany Analysis
PA Pan American Silver (PAAS) — Stock Analysis 2026 [3.2] Pan American Silver holds the largest silver reserve in its peer group yet earned about 72% of its 2025 revenue from gold, across eleven mines in seven countries. The thesis in one line: a well-financed, widely spread … Last Update Oct 18, 2026 · 63 min read · SilverPrecious MetalsCompany Analysis
KG Kinross Gold (KGC) — Stock Analysis 2026 [2.9] Kinross Gold is a senior gold miner — scored and valued here as a mining producer in precious metals — that produced 2.07 million gold-equivalent ounces in 2025 from six mines in the United States, Brazil, Mauritania and … Last Update Aug 8, 2026 · 44 min read · GoldPrecious MetalsCompany Analysis
GF Gold Fields (GFI) — Stock Analysis 2026 [3.0] Gold Fields is a South African senior gold miner — scored and valued here as a mining producer in precious metals, with copper and silver as by-products — that produced 2.44 million attributable gold-equivalent ounces … Last Update Aug 8, 2026 · 43 min read · GoldPrecious MetalsCompany Analysis
AC APA Corporation (APA) — Stock Analysis 2026 [3.0] APA Corporation is the international value name of the US large-cap E&P group — the former Apache, remade as a leaner, cash-focused producer spanning the Permian Basin, Egypt’s Western Desert and a North Sea it is … Last Update Aug 7, 2026 · 27 min read · Oil and GasNatural GasCompany Analysis
AE Agnico Eagle (AEM) — Stock Analysis 2026 [4.6] Agnico Eagle is the world’s second-largest gold producer: 3.45 million ounces in 2025, 87% of it from seven Canadian mines, with 55.4 million ounces of reserves and more than $3 billion of net cash. The thesis in one … Last Update Oct 22, 2026 · 56 min read · GoldPrecious MetalsCompany Analysis
PR Permian Resources (PR) — Stock Analysis 2026 [3.5] Permian Resources is an E&P producer in the oil and gas sector: an operator that produced 392,633 boe/d in 2025, all of it from the Delaware Basin of West Texas and Southeast New Mexico, on 1,116.3 mmboe of SEC proved … Last Update Oct 21, 2026 · 40 min read · Oil and GasNatural GasCompany Analysis
HM Hecla Mining (HL) — Stock Analysis 2026 [3.5] Hecla Mining is the largest silver producer in the United States and Canada, built around Greens Creek, an Alaskan mine whose by-products pay for its silver several times over. The thesis in one line: a debt-free, North … Last Update Oct 18, 2026 · 58 min read · SilverPrecious MetalsCompany Analysis
GO GoldMining (GLDG) — Stock Analysis 2026 [3.0] GoldMining is a resource-stage gold company with 10.02 Moz of measured and indicated gold across seven projects in Brazil, Colombia, Peru and Canada — two of them studied in 2026 — plus 74.1% of U.S. GoldMining and … Last Update Oct 19, 2026 · 36 min read · GoldPrecious MetalsCompany Analysis
NM NexGold Mining (NEXG) — Stock Analysis 2026 [3.0] NexGold Mining is a two-project Canadian gold developer: Goldboro in Nova Scotia holds a feasibility study and every key permit, and the Goliath Gold Complex in Ontario holds a prefeasibility study behind it. The thesis … Last Update Oct 11, 2026 · 37 min read · GoldPrecious MetalsCompany Analysis
OC OceanaGold (OGC) — Stock Analysis 2026 [3.6] OceanaGold is a mid-tier gold miner — scored and valued here as a mining producer in precious metals — whose four mines in the United States, New Zealand and the Philippines produced 497.6 koz of gold and 13.3 kt of … Last Update Aug 4, 2026 · 38 min read · GoldPrecious MetalsCompany Analysis
TE Topaz Energy (TPZ) — Stock Analysis 2026 [3.7] Topaz Energy drills no wells and runs no plants, yet it takes 3% of the natural gas and 2.5% of the oil from the core lands of Tourmaline Oil, the producer that created it, collects fees on about 268 mmcf/d of net … Last Update Oct 15, 2026 · 57 min read · Oil and GasNatural GasCompany Analysis
SM Silvercorp Metals (SVM) — Stock Analysis 2026 [3.7] Silvercorp Metals is a silver producer whose cash flow comes from two underground districts in China — Ying in Henan and GC in Guangdong — and whose next mine, the El Domo copper-gold open pit in Ecuador, is in … Last Update Oct 30, 2026 · 47 min read · SilverPrecious MetalsCompany Analysis
BE Boss Energy (BOE) — Stock Analysis 2026 [2.7] Boss Energy produces uranium by in-situ recovery at Honeymoon in South Australia, which it owns outright, and holds 30% of the Alta Mesa operation in Texas. The thesis in one line: Honeymoon runs and the balance sheet … Last Update Oct 27, 2026 · 40 min read · UraniumEnergy MetalsCompany Analysis
CE Centrus Energy (LEU) — Stock Analysis 2026 [3.3] Centrus Energy sells enriched uranium — separative work units (SWU) — and natural uranium to utilities from a US$3.7 bn backlog that runs to 2040, and operates the Department of Energy’s high-assay low-enriched uranium … Last Update Oct 27, 2026 · 41 min read · UraniumEnergy MetalsCompany Analysis
IS IsoEnergy (ISO) — Stock Analysis 2026 [3.2] IsoEnergy owns Hurricane in Saskatchewan’s Athabasca Basin — 48.6 Mlb of Indicated uranium at 34.5% U₃O₈, the highest grade published for an Indicated resource — together with the Wiluna project in Western Australia, … Last Update Oct 27, 2026 · 42 min read · UraniumEnergy MetalsCompany Analysis
CN Canada Nickel (CNC) — Stock Analysis 2026 [3.3] This Canada Nickel (CNC) stock analysis covers a company with one project to build: Crawford, near Timmins in Ontario, with 3,789 kt of nickel in proven and probable reserves and a 41-year mine plan in its 2023 … Last Update Oct 23, 2026 · 42 min read · NickelBattery MetalsCompany Analysis
EF Energy Fuels (UUUU) — Stock Analysis 2026 [2.7] Energy Fuels mines uranium in Arizona and Utah, processes it at its White Mesa Mill, and is turning that mill into a rare-earth refinery fed by mineral-sands projects in Madagascar, Australia and Brazil. The thesis in … Last Update Oct 21, 2026 · 46 min read · UraniumEnergy MetalsCompany Analysis
AM Altius Minerals (ALS) — Stock Analysis 2026 [3.5] Altius Minerals owns royalties on Saskatchewan potash, a copper stream on Lundin Mining’s Chapada mine, half of the Great Bay Renewables royalty business, lithium royalties in Mali, Brazil and Argentina and a gold … Last Update Oct 18, 2026 · 42 min read · CopperBase MetalsCompany Analysis
BM Barrick Mining (ABX) — Stock Analysis 2026 [3.2] Barrick Mining mined 3,255 thousand ounces of attributable gold and 220 thousand tonnes of copper in 2025 and holds 85 Moz of gold reserves, anchored by its 61.5% of Nevada Gold Mines. The thesis in one line: a large, … Last Update Oct 18, 2026 · 43 min read · GoldPrecious MetalsCompany Analysis
IP International Petroleum (IPCO) — Stock Analysis 2026 [3.0] International Petroleum is an E&P producer in the oil and gas sector: it produced 44.9 Mboe/d in 2025 from Canada, Malaysia and France, two-thirds of it crude oil and the rest Canadian gas. The thesis in one line: a … Last Update Oct 19, 2026 · 42 min read · Oil and GasNatural GasCompany Analysis
NU Nutrien (NTR) — Stock Analysis 2026 [4.1] Nutrien mines potash at six Saskatchewan mines, makes nitrogen and phosphate fertilizer, and sells crop inputs to farmers through a Retail business that brought in US$17.6 billion of 2025 net sales. The thesis in one … Last Update Oct 16, 2026 · 41 min read · PotashAgricultureCompany Analysis
GL Glencore (GLEN) — Stock Analysis 2026 [3.3] Glencore is a diversified miner and a commodity trader in one company: copper in the DRC, Chile and Peru, zinc in Kazakhstan and Australia, steelmaking coal in Canada, thermal coal in Australia, South Africa and … Last Update Oct 16, 2026 · 59 min read · CopperBase MetalsCompany Analysis
MR Matador Resources (MTDR) — Stock Analysis 2026 [3.1] Matador Resources is an E&P producer in the oil and gas sector: a Dallas-based operator that produced 207,070 boe/d in 2025, 98% of it from the Delaware Basin, with 667.0 mmboe of SEC proved reserves and a 51% stake in … Last Update Oct 16, 2026 · 42 min read · Oil and GasNatural GasCompany Analysis
RT Rio Tinto (RIO) — Stock Analysis 2026 [3.7] Rio Tinto runs the Pilbara iron ore system in Western Australia, three copper mines on three continents and an aluminium business in Canada and Australia, and is now ramping Simandou in Guinea. The thesis in one line: at … Last Update Oct 18, 2026 · 45 min read · IronBase MetalsCompany Analysis
NE Newmont (NEM) — Stock Analysis 2026 [3.9] Newmont is the world’s largest gold miner — scored and valued here as a mining producer in precious metals, with copper, silver, zinc and lead as by-products — and it produced 5.89 million attributable ounces in 2025 at … Last Update Oct 15, 2026 Free · full valuation · 61 min read · GoldPrecious MetalsCompany Analysis
EX ExxonMobil (XOM) — Stock Analysis 2026 [4.1] ExxonMobil is the largest Western investor-owned oil company: 4,736 thousand barrels of oil equivalent a day in 2025, plus refining, chemicals and lubricants run as three more segments. The thesis in one line: a strong, … Last Update Oct 15, 2026 Free · full valuation · 55 min read · Oil and GasNatural GasCompany Analysis
