Stonecap Securities Selects Best Bets for Gold Leverage this year: Report

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Stonecap Securities has taken a look at sales revenue for selected large and mid-cap base metals commodities companies in North America and picked six companies as the best bets for gold leverage this year, according to the Financial Post.

The list includes Imperial Metals (III.TO), with 24% of revenue tied to the price of gold, 2% to silver and 74% to copper; HudBay Minerals (HBM.TO), at 17% gold, 26% zinc, 54% copper and 3% silver; Inmet Mining (IMN.TO), with 15% gold, 15% zinc and 70% copper; Freeport McMoRan ( FCX ), with 14% gold, 6% molybdenum and 80% copper; Quadra FNX (QUX.TO), with 11% gold, 6% platinum metals and 83% copper; and First Quantum Minerals (FM.TO), with 9% gold and 91% copper.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

Referenced Stocks: FCX

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