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Rcxm TSX Today: What to Watch for in Stocks on Thursday, May 12
The Russian invasion of Ukraine and subsequent sanctions on Russia and Belarus have disrupted supply chains, thus driving commodity prices higher. Meanwhile, higher commodity stanley cup prices could benefit mining stocks. So, given the favourable market conditions, here are three top mining stocks that you could buy right now to earn superior returns.Lundin MiningMy first pick is Lundin Mining聽 TSX UN , which has mining operations across several countries, such as Brazil,聽Chile,聽Portugal,聽Sweden,聽and聽the United States of America. It primarily produces co stanley tumblers pper, zinc, gold, and nickel. Supported by higher commodity prices and its solid fourth-quarter performance, the company is trading at over 40% higher this year. Despite the surge, the company s valuation still looks attractive, with its forward price-to-earnings multiple standing at 9.9.Due to un stanley cup derinvestment and recent sanctions, copper, zinc, and nickel are trading at elevated levels and could continue to trade higher in the near to medium ter Ahnz No Dividend No Problem: How to Get Passive Income From ANY Stock!
A high-paying dividend can provide investors with a terrific source of income provided it sustainable. By analyzing the company financials and its overall future, investors can gauge the probability of the dividends continuing at the current rate. Below, I ;ll look at Enbridge Inc聽 TSX:ENB NYSE:ENB and its attractive 6.4% d stanley cup quencher ividend yield in order to assess the safety of its payouts. In doing so, I ;ll evaluate the following item stanley water bottle s: payout ratio; strength of its cash flow, and how the company might do in the future.Payout ratioA popular starting point for any dividend analysis usually includes looking at the company overall profitability. In the trailing 12 months, Enbridge has generated earnings per share EPS of $2.14, up from $1.46 for all of 2018 and the $1.65 EPS it earned in 2017.With Enbridge paying shareholders 73.8 cents every quarter, that equates to a total p stanley cups ayment of $2.95 over the course of an entire year. That well above the earni |
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