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3 Infrastructure Stocks to Benefit From the New Law

The recent signing of the new infrastructure bill – called the Infrastructure Investment and Jobs Act – by President Joe Biden will very soon put into…



This article was originally published by Investor Place

The recent signing of the new infrastructure bill – called the Infrastructure Investment and Jobs Act – by President Joe Biden will very soon put into law what investors have been wondering about for some months since the president came into office. With the bill becoming a reality, we see the impact on infrastructure stocks as being sizable given the enormous amount of investment coming from the bill.

In this article, we’ll take a look at three stocks we think stand to benefit from the new infrastructure bill coming into law. They are:

Caterpillar (NYSE:CAT)

Nucor (NYSE:NUE)

Vulcan Materials (NYSE:VMC)

What’s in the Bill?

The bill includes a total investment of more than a trillion dollars, making it one of the largest pieces of legislation in U.S. history. It includes a variety of things, but it is certainly heavy with infrastructure spending. The biggest component of the bill is a $550 billion allotment for new funding in the areas of transportation, utilities and broadband access.

There’s a further $110 billion for roads and bridges, $66 billion for passenger and freight rail, and $39 billion for public transit improvements. There are $65 billion earmarked for expanding access to broadband internet, and $55 billion in water system improvements, including replacing aging lead pipes.

In short, there is a huge amount of money on the table in terms of investment from the U.S. government. And that means there are companies that will reap the benefits of this.

These benefits extend from those actually performing the work, to those that supply those workers with materials they need, those that make the equipment workers will use to make the improvements, and so forth.

The infrastructure bill is transformational in a lot of ways for several industries, and below, we take a look at three companies we think stand to benefit from the Infrastructure Investment Job Act.

Infrastructure Stocks: Caterpillar (CAT)

Source: astudio /

First on our list of infrastructure stocks is heavy machinery giant Caterpillar. This company is one of the larger that stands to benefit from the infrastructure bill, producing about $50 billion in annual revenue, and trading with a $113 billion market capitalization.

Caterpillar has some obvious links to the work given it makes heavy equipment for all sorts of things that are directly called out in the bill. This includes machinery for making roads and bridges, digging equipment which is critical for water system service and replacement, as well as broadband access expansion, and the list goes on.

Perhaps more so than most companies, Caterpillar has a very direct and deep link to the kinds of spending enumerated in the bill.

The company is impressive in its own right, even before considering the impact of the infrastructure bill. Caterpillar has a 28-year streak of raising its dividend, which is even more impressive considering the industries Caterpillar sells to are highly cyclical. We expect that to continue as we see 6% earnings-per-share growth annually in the coming years, with potential upside from the impact of the infrastructure bill.

Nucor (NUE)

Steel stocks: rods, bars and other forms of steelSource: Shutterstock

Next up is Nucor, a steel maker that was founded in 1958, and has paid rising dividends to shareholders for the past 48 years.

Nucor is set for record revenue this year of $36 billion, which is largely due to pent-up demand from the pandemic recession in 2020. The stock trades with a market capitalization of $32 billion today.

Nucor, like Caterpillar, has the ability to be engrained in many aspects of the infrastructure bill. It produces steel for all sorts of uses, including water systems, bridges, building construction, etc. Those and more factor heavily into the infrastructure bill, and we think Nucor is likely to receive a significant benefit from the enhanced level of spending given its size, scale, and reputation in the steel industry.

We see ~4% annual earnings-per-share growth from normalized levels in the coming years, which could see upside if Nucor can capture some of this additional spending, and we are confident it will. We regard it as the highest-quality steel stock in the market given its reputation and track record of success, and we believe that will continue with the implementation of this bill in the coming years.

Infrastructure Stocks: Vulcan Materials (VMC)

Image of wet concrete being poured onto a foundational structureSource: Shutterstock

Our third stock is Vulcan Materials, a company with a 100-year history in the aggregates industry. It generates $5.5 billion in annual revenue, and trades with a $27 billion market capitalization.

Vulcan manufactures and supplies construction aggregate in the U.S. that is used in things like asphalt and concrete, as well as sand and stone, and related products. Vulcan’s tie to the infrastructure bill is also deep given things like asphalt and concrete are used to make roads and bridges, as well as general construction projects.

With so much of the bill being allocated to roads and bridges, we see Vulcan as a primary beneficiary of the bill.

Vulcan is unaspiringly cyclical but we forecast a 5% annual earnings-per-share growth rate for the foreseeable future. Vulcan is another we see potentially significant upside for with the implementation of the infrastructure bill, but is a strong growth choice in its own right as well.

Final Thoughts

When investing based upon a catalyst, it is important to understand how a particular company fits into the narrative of the catalyst. With the infrastructure bill, we have fairly defined parameters for how much money is being spent, and in what sectors.

In our view, the best way to take advantage of this long-term boost to spending is to find the highest quality stocks in the impacted industries, and that’s what we’ve done here.

We see Caterpillar, Nucor, and Vulcan as strong picks in their own right, but with the added catalyst of hundreds of billions of dollars of additional spending, we see their futures as even brighter than they were before.

On the date of publication, Bob Ciura did not have (either directly or indirectly) positions in any of the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines.

Bob Ciura has worked at Sure Dividend since 2016. He oversees all content for Sure Dividend and its partner sites. Prior to joining Sure Dividend, Bob was an independent equity analyst. His articles have been published on major financial websites such as The Motley Fool, Seeking Alpha, Business Insider and more. Bob received a bachelor’s degree in Finance from DePaul University and an MBA with a concentration in investments from the University of Notre Dame.

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Author: Bob Ciura


Best Mining Penny Stocks to Buy Right Now? 3 To Look at This Month

Will these mining stocks make your watchlist? When discussing mining penny stocks,…
The post Best Mining Penny Stocks to Buy Right Now? 3 To Look at…

Will these mining stocks make your watchlist?

When discussing mining penny stocks, it is difficult not to highlight how well they have performed over the last year and a half. It all started with the pandemic, which pushed precious commodities like gold and silver to new highs. As a result, more types of mining equities began to perform better. There are far more of these assets than many investors think.

Many people think of gold and silver stocks when they think about mining assets. In reality, there are numerous different types of mining stocks. Companies in this category include those that look for copper, steel, uranium, lithium, lead, and other minerals. Bitcoin mining stocks, for example, can be considered for this type of asset.

What should you look for when investing in mining penny stocks, you may be wondering? There are a few critical actions that may be taken to ensure that the moment is perfect to invest in a company. The first and most obvious step is to read the news from across the world. Consider how the pandemic affected and continues to affect the mining industry. Sector news is also critical; for example, shortages and growing demand are useful pieces of information to have. Let’s look at three mining stocks performing well in December 2021.

Top Mining Stocks To Watch

Denison Mines Corp. (NYSE: DNN)

Denison Mines Corp. is a mining penny stock that just gained 2% on December 2nd. This is a mining business that is engaged in uranium development. The development business owns a 95 percent share in the Wheeler uranium project, which is located in the Athabasca Basin of northern Saskatchewan. This is a mining stock that has previously gotten a lot of attention on this site due to its consistent upward market momentum.

The corporation announced the adoption of an Indigenous Peoples Policy, or IPP, on December 2nd. The Board of Directors endorsed this, which indicates the company’s acknowledgment of the critical role of Canadian business in reconciling with Indigenous peoples in the country. This is consistent with Denison’s pledge to take action to advance reconciliation. This was critical for the corporation because it operates in several areas across Canada that are on Indigenous peoples’ traditional territory.

President and CEO of Denison, David Cates said, “I believe Industry has an important role to play in acknowledging, and building awareness of, the history of Indigenous people in Canada and the critical importance of pursuing the objectives of reconciliation. As such, the adoption of an Indigenous Peoples Policy is a notable step in our Company’s journey to bring reconciliation to the forefront of what we do and how we do it.” DNN stock has increased in value during the last six months. Will DNN stock be added to your watchlist as a result of its recent advancements?

IAMGOLD Corporation (NYSE: IAG)

IAMGOLD Corporation is a gold mining company that has seen its stock price rise in the previous 30 days. This firm looks for, develops, and manages land for the sale of gold in a variety of countries. IAMGOLD is a global company with operations in North America, South America, and West Africa. These territories are home to the Westwood mine, the Boto gold project, and a slew of other ventures.

IAMGOLD released their third-quarter results for 2021 on November 3rd. The firm released its third-quarter results for 2021 on November 3rd. IAMGOLD generated $121.6 million in mine-site free cash flow, while adjusted EBTIDA was $265.7 million. During the same time period, IAMGOLD reported a total net loss of $20.1 million, or $0.04 per share. Despite certain flaws in its financial results, IAMGOLD has had several moments of strong performance this year.

CEO and President of IAMGOLD, Gordon Stothart said, “The third quarter of 2021 saw improvement in our operating performance supported by the continued strong results at Essakane. Rosebel performed in line with the revised plan. Construction activities at Côté continue to proceed well, reaching 36% project completion at quarter-end.” Is IAG on your list of mining penny stocks to watch right now?

New Gold Inc. (NYSE: NGD)

We’ve previously identified New Gold Inc. as a mining penny stock with a lot of momentum on multiple occasions. This firm develops and manages a number of mineral properties throughout North America. The Rainy River gold-silver mine, which it controls 100 percent of, is one of its most important assets. The Rainy River mine is located in the Canadian province of Ontario. In addition, the corporation owns a 100% stake in the New Afton gold-copper mine. This mine is in the Canadian province of British Columbia.

On October 13th, the company revealed its third-quarter operational results. New Gold produced a total of 105,628 gold equivalent ounces throughout this time. Rainy River and New Afton mines yielded 60,785 and 44,843 gold equivalent ounces, respectively. Due to fewer tons milled, its gold equivalent production dropped in the third quarter.

President and CEO of New Gold, Renaud Adams said, “We remain on track to deliver on our updated guidance, and we continue to make progress towards securing the Company’s future growth at both assets. Our liquidity position improved for a third consecutive quarter, and I continue to expect meaningful free cash flow generation from our operations in the near-term” Amid these new developments, will NGD be on your mining penny stock watchlist?

Top Mining Penny Stocks To Buy?

Penny stocks are infamous for being extremely volatile and unpredictable. As a result, it is suggested that you concentrate on studying and investing carefully. No one knows what will happen to mining stocks in the market as long as inflation fears persist. As we approach 2022, only time will tell what happens to mining penny stocks. For the time being, which companies will you add to your watchlist?

The post Best Mining Penny Stocks to Buy Right Now? 3 To Look at This Month appeared first on Gold Stocks to Buy, Picks, News and Information |

iamgold corporation

Author: Jon Phillip

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The Buckingham Graphite Project – Noble Mineral Exploration (TSX.V: NOB)

CEO, Vance White and Exploration Manager, Wayne Holmstead had us out to the Buckingham Graphite property to highlight the opportunity it presents the company….

CEO, Vance White and Exploration Manager, Wayne Holmstead had us out to the Buckingham Graphite property to highlight the opportunity it presents the company. Graphite of this quality will be in high demand as several auto manufacturers have publicly stated they will shift to EV’s by 2030. Furthermore, the Quebec government is already taking steps to ensure that Quebec is a leader in Battery metals, manufacturing and clean energy.

About The Buckingham Graphite Project

The Buckingham graphite property is located in the Outaouais area of the Grenville Subprovince of Quebec. It consists of 30 claims (1803 hectares) and contains 3 separate graphite occurrences. The main occurrence (McGuire) was worked by Stratmin Inc. in 1985-86 when a ground electromagnetic survey was done following a regional airborne survey. Three diamond drill holes were completed to intersect the electromagnetic anomalies, 2 of which intersected graphite mineralization which was found to be hosted by marble and gneissic rocks.

Although the nature of the graphite on the Buckingham Property has not been determined, graphite concurrences in this area are normally coarse grained, flake graphite. This type of graphite is the most desirable of the naturally occurring types that is used to produce lithium-based batteries. Lithium-based batteries are required for a variety of ‘green’ technologies, including electric vehicles. The global demand for these types of products is expected to rise as world governments lean towards environmentally friendly products rather than petroleum-based ones.

The second graphite occurrence (Cummings) is described as a “deposit in the form of narrow bands of graphite occurring in gneiss and marble over a length of 300 m and a width of 30 m. The graphite occurs in several irregular bands within the 30 m zone.” The Cummings Occurrence is located about 1.5 km southeast of the McGuire Occurrence.

The third graphite showing on the property is called the Robidoux Occurrence and is located about 4 km east of the McGuire Occurrence. It was described by the Quebec Superintendent of Mines in a 1910 report as a “partially uncovered graphitic bed over a length of about forty feet. Some shallow pits have also exposed graphitic outcrops, presumably of the same bed, for an additional distance of 75 to 100 feet. The bed where exposed by the main stripping is about four feet thick and dips into the side of a low hill at an angle of 40 to 50 degrees.” It was also noted that “the graphite ore contains over 30% carbon.”

About Noble Mineral Exploration

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition to its shareholdings in Canada Nickel Company Inc., Spruce Ridge Resources Ltd. and MacDonald Mines Exploration Ltd., and its interest in the Holdsworth gold exploration property in the Wawa, Ontario area, holds approximately 72,000 hectares of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration/VMS targets at various stages of exploration. More detailed information is available on the website at

For additional information please visit and be sure to follow Insidexploration through our various social media platforms.

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The content of this video contain forward looking statements and are subject to change. We caution the viewer that this video is for informational purposes and should not be considered investing advice. Prior to making investment decisions, we encourage you consult a financial advisor and always do your own due diligence.

Author: MikeyMike426

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Energy & Critical Metals

EV Nickel starts trading on TSX Venture Exchange

  TORONTO – EV Nickel Inc.’s [EVNI-TSXV] initial public offering (IPO) prospectus dated November 19, 2021, has been filed with and accepted by the…


TORONTO – EV Nickel Inc.’s [EVNI-TSXV] initial public offering (IPO) prospectus dated November 19, 2021, has been filed with and accepted by the TSX Venture Exchange and has begun trading on the Exchange.

The closing of the IPO, scheduled for December 2, 2021, was expected to have gross proceeds of $5,440,292 for a total of 1,442,200 flow-through (FT) common shares at 86 cents per FT common share and of 5.6 million units at 75 cents per unit. The company has 30,355,667 common shares issued and outstanding

EV Nickel, classified as a Tier 2 issuer, is a Canadian nickel exploration company, focused on the Shaw Dome area, south of Timmins, Ontario. The Shaw Dome area is home to its Langmuir project, which includes W4, the basis of a 2010 historical estimate of 677,000 tonnes at 1% nickel for approximately 15 million pounds of Class 1 nickel.

EV Nickel’s objective is to grow and advance a nickel business, targeting the growing demand for Class 1 nickel from the electric vehicle battery sector. EV Nickel has almost 9,100 hectares to explore across the Shaw Dome area and has identified 30 km of additional strike length.

“We are excited to get out into the public markets and begin telling the world about our wonderful assets, on the Shaw Dome, just south of Timmins,” said Sean Samson, president and CEO. “The world needs more nickel and especially the type of high-grade, clean nickel that we plan to build our business around. Decarbonization is the challenge of a lifetime and we plan to source the material that will help the EV [electric vehicle] companies grow and help address that challenge.”

Author: Editor

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