© 2020 www.B-TV.com. All Rights Reserved.
Stefan Ioannou, Mining Analyst at Cormark Securities shares three points to consider when investing in mining
With the mining sector on the upswing, it's important to know what to consider when you're investing in the sector. According to analyst, Stefan Ioannou, there are three things that are key to investing in the mining sector. First, it's a very high-risk sector in general so you have to be risk-tolerant. Secondly, it's a very cyclical business. Therefore, timing in terms of entry and exit points for investments is very important. Finally, a key thing to realize is that overlying macro sentiment can really outplay companies' specific news so a company can have great results.
Mining investing activities
This statistic shows the aggregate investing activities of the global mining industry, represented by the top forty mining companies worldwide, from 2004 to 2018. In 2018, the mining industry's leading companies invested approximately 63 billion U.S. dollars.