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  4 Rare Earth Stocks Poised to Power Higher on U.S. China Tariff Dispute Uncertainty  
  Lorimer Wilson on 2019-05-30 14:05:57.0
 
 

Today we have identified four Canada-listed rare earth stocks poised to power higher on U.S. China tariff dispute uncertainty.

Rare earth metals are a category of 17 chemical elements in the periodic table that include scandium, yttrium and 15 lanthanides. These metals and alloys are used in the production of rechargeable batteries, magnets, cell phones, computer hard drives, guided missiles, flat screen monitors and, radiology equipment.

Since the late 1990s, China has provided 80% of the rare earth metals imported by the United States (Bloomberg, 2019).

Recently, companies that offer rare earth metals in China have soared after Chinese President Xi Jinping visited one of the country's rare earth companies. This has led to speculation that the government plans to use this sector in the Sino-U.S. trade war to retaliate against President Trump's threat to stop supplying chips and processors to Huawei Technologies Co.

1.

Neo Performance Materials Inc (TSX:NEO)
Specialty Chemicals

Neo Performance Materials is a Canada-based company that…manufactures and distributes a broad range of light and heavy rare earth engineered products…

  • Market Cap: $459.0 Million
  • YTD Return: -24.0%
  • 30 Day Average Trading Volume: 55,000
  • 90 Day Average Trading Volume: 102,000

2.

Commerce Resources Corp. (TSXV:CCE)
Diversified Metals and Mining

Commerce Resources is a Canada-based mining company that…mines carbonatite-hosted deposits of rare-earth elements, tantalum and niobium deposits…

  • Market Cap: $21.7 Million
  • YTD Return: +27.3%
  • 30 Day Average Trading Volume: 128,000
  • 90 Day Average Trading Volume: 87,000

3.

Ucore Rare Metals Inc. (TSXV:UCU)
Diversified Metals and Mining

Ucore Rare Metals is headquartered in Halifax, Canada and explores for rare earth elements in Canada and the U.S…

  • Market Cap: $45.3 Million
  • YTD Return: +39.1%
  • 30 Day Average Trading Volume: 166,000
  • 90 Day Average Trading Volume: 133,000

4.

Canada Rare Earth Corporation (TSXV:LL)
Diversified Metals and Mining

Canada Rare Earth is engaged in developing rare earth properties in Canada…[Its] mined products include High-Purity Rare Earth Oxides, Rare Earth Fluorides and Larger Particle/Nano RE Oxides.

  • Market Cap: $16.0 Million
  • YTD Return: 125%
  • 30 Day Average Trading Volume: 144,000
  • 90 Day Average Trading Volume: 85,000

Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

Editor's Note: The above excerpts* from the original article have been edited ([ ]) and abridged (?) for the sake of clarity and brevity. Also note that this complete paragraph must be included in any re-posting to avoid copyright infringement.

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(*The author's views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.)

The post 4 Rare Earth Stocks Poised to Power Higher on U.S. China Tariff Dispute Uncertainty appeared first on munKNEE.com.

 
 
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