To The Moon

Among mining stocks, $Constellium NV(CSTM)$ , $Copper Mountain Mining Corp.(CPPMF)$ . and $BHP Billiton(BHP)$ $BHP GROUP LTD(BHP.AU)$ lead peers in terms of revenue growth as of April 2023, as a weaker $USD Index(USDindex.FOREX)$ and increased uncertainty about the economic outlook push up the price of gold and other precious metals .

The $SPDR S&P Metals & Mining ETF(XME)$ , which represents mining stocks, fell 20% in the 12 months ended April 14. In comparison, the $iShares Russell 2000 ETF(IWM)$ has lost 7% over the same period.

Below are the best value mining stocks with the fastest revenue growth and momentum over the past year that investors can still focus on in the Q2 2023.

1. Best Value Mining Stocks

Here are the mining stocks with the lowest 12-month trailing price-to-earnings (P/E) ratios. Because profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio indicates that you are paying less for each dollar of profit.

By NAI500

• $Ferroglobe PLC(GSM)$ : Ferroglobe is a UK-based supplier of silicon and manganese-based alloys used in everything from personal care products to electronics and construction materials. Falling commodity prices cut into the company's earnings in the final quarter of 2022, with revenue down 21% year-over-year, leading to a 45% drop in quarterly net income. Shares of Ferroglobe have fallen more than 50% over the past year.

• $Arch Resources Inc.(ARCH)$ : Arch Resources sells metallurgical products and has four metallurgical mines in West Virginia and two low-cost thermal coal mines in Wyoming and Colorado. On Feb. 16, the company released its fourth-quarter earnings, and on top of a slight year-over-year increase in revenue, net income more than doubled thanks to a $253.3 million income tax benefit.

• $Alpha Metallurgical Resources Inc(AMR)$ : Alpha Metallurgical Resources is a mining company that provides metallurgical products to the steel industry. The company extracts, processes and markets coal for sale to steel and coke producers, electric utilities and industrial customers, with operations in Virginia and West Virginia. The company's net income fell 14% in the fourth quarter of 2022, and revenue was flat compared to the previous year. The board authorized a $1.2 billion share repurchase program in 2022. As of Jan. 31, the company had repurchased 3.8 million shares worth about $600 million.

2. Fastest-growing Mining Stocks

Below are the top mining stocks selected based on a growth model that scores companies with a 50/50 weighting based on their most recent quarterly percentage YoY revenue growth and their most recent quarterly YoY earnings per share (EPS) growth.

Both sales and profitability are critical to a company's success. Therefore, ranking companies on only one growth metric makes the ranking vulnerable to accounting anomalies in the quarter (such as changes in the tax code or restructuring costs), potentially making one or the other number less representative of the business as a whole. Companies with quarterly EPS or rev

• $Constellium NV(CSTM)$ : Constellium is a French-based producer of aluminum alloy products for the aerospace, automotive and packaging industries.

• $Copper Mountain Mining Corp.(CPPMF)$ Copper Mountain Mining explores and develops mineral properties in British Columbia, such as the Cooper Mountain mine, in which the company holds 75% ownership. The company named Patrick Merrin as president and CEO in March, effective in late April. The company also sold its wholly-owned Eva copper project and 16 exploration properties in Queensland, Australia, to Harmony Gold Mining Co. for $230 million. The company's stock also trades on the over-the-counter market in the United States under the ticker symbol CPPMF.

• $BHP Billiton(BHP)$ $BHP GROUP LTD(BHP.AU)$: BHP Billiton is an Australian multinational resources company that owns and operates copper, gold, nickel and metallurgical coal mines in North America, Australia and South America.

3. Mining Stocks With The Most Up Momentum

Here are the mining stocks with the highest total returns over the past 12 months.

• $PATRIOT BATTERY METALS INC(PMETF)$ .: Patriot Battery Metals, formerly Gaia Metals Corp., is a Canadian-based precious metals mining company focused on acquiring and developing projects involving precious metals, battery metals and similar resources. The company's shares are also traded over-the-counter in the United States under the symbol PMETF.

• $SNOWLINE GOLD CORP(SNWGF)$ : Snowline Gold is a gold exploration company with multiple project areas located in the Yukon Territory in northwestern Canada. On March 28, Snowline announced that it had completed an agreement with B2Gold. B2Gold invested 19.2 million Canadian dollars to purchase approximately 4 million common shares of Snowline Gold, making B2Gold a shareholder holding 5% of Snowline's stock.

• $Sigma Lithium Corporation(SGML)$ : Sigma Lithium is a Canadian mineral development company focused on hard-rock lithium mines that produce low-carbon, high-purity lithium concentrates for the electric vehicle industry.

If you are interested in investing in mining stocks, please pay attention to NAI500's weekly selection of metal investment opportunities:

$Emergent Metals Corp.(EGMCD)$ $Emergent Metals Corp.(EGMCF)$

Emergent Metals Corp. is a company focused on exploration for gold, silver and base metals in Nevada and Quebec. The company's strategy is to seek asset acquisition targets in a buyer's market environment, increase the value of acquisition targets through the computerization and remodeling of historical exploration data, new exploration, and the application of modern geophysical surveys, and through sales, joint ventures, Options, royalties and other commercial transactions seek divestitures to advance their projects and create value for shareholders.

Disclaimer: NAI is paid to publish this content. The material contained in this content is for informational purposes only and is not intended to constitute an offering of securities in any jurisdiction. This content should not be construed as an offer, solicitation or recommendation to buy or sell products or securities.