The mining and exploration sectors have emerged as one of the more high-growth sectors in recent times and for good reason. Both the sectors are known for highly innovative companies, which work on innovative products and come up with solutions for real-life issues.
The number of stocks in the two sectors is huge and hence, it is necessary for investors to take a look at a handful of stocks so that they can actually make their minds up about some companies with some ease. Here is a quick look at four stocks from the medical and wellness space you could consider.
1. American Manganese (OTCMKTS:AMYZF) (TSX:AMY.V): American Manganese is currently known as one of the leading players in advanced lithium-ion battery cathode recycling and upcycling. On the other hand, the company’s stock also managed to emerge as one of the major gainers yesterday as it ended the day with gains of as much as 13%.
The company came into focus earlier this week on March 15 when American Manganese along with its contracted independent research and development collaborator Kemetco Research made a key announcement. It was announced that the American Manganese demonstration had now become ready for the purposes of commissioning. The announcement from the company was a significant one considering the potential far-reaching effect of such a development. It could be the right time to keep an eye on American Manganese and watch for the price action in the stock in the coming days.
2. Clifton Mining Company (OTCMKTS:CFTN): Another mining stock that ought to be added to the list at this point in time is that of Clifton Mining Company, which ended up clocking gains of as much as 31.50% on Wednesday. In light of such significant gains, it may be a good time for investors to consider taking a closer look at the stock.
However, there has been no news about the company for quite some time and the last time it was in the news was back on January 25, 2022. At the time, the company had reported that it had got the production report from the company Desert Hawk Gold Corp. The report noted that Desert Hawk had managed to sell as much as 456 ounces worth of silver and 423 ounces of gold that had been recovered from the company’s leach pad.
3. Renforth Resources Inc (OTCMKTS:RFHRF) (CSE:RFR): Another metals stock that could be tracked by investors at this point in time is that of RFHRF and the sole reason for that is the fact that the price of nickel has gone up by a significant degree.
The price of nickel has gone up by a staggering 40% so far this year and the price of the metal eventually hit a high of $29,000. It is the highest level that the metal hit in 11 years and hence, it may be a good time for investors to consider looking into stocks that may be involved in the sector in one way or another. The Russian invasion of Ukraine has also been a factor in pushing prices rapidly and it now seems that the RFHRF stock could be the one that may be followed by many investors.
4. Mineworx Technologies Ltd (OTCMKTS:MWXRF) (TSX:MWX.V): The company that is going to complete this list of stocks is Mineworx Technologies Ltd. There may not have been any news about the company in recent weeks but back on February 8 this year, it had made an announcement with regards to a favorable decision from the Supreme Court of British Columbia.
The legal battle had been going on between the company and EnviroMetal Technologies Inc. The resolution of the issue between the two sides had apparently come as a source of significant optimism for Mineworx and possibly for its investors as well. It could now be a good time for investors to consider adding the stock to their watch lists.
