Dominion Provident Ventures Inc. Updates its Best Mining Stock Picks
Miners have been put under the microscope by Dominion Provident Ventures, Inc. and other investment analysis groups with positive verdicts on BHP Billiton, and Rio Tinto. In a review of mid-cap miners DPVI. observes that the share price performance of Chilean copper miner Antofagasta has lagged a bit over the last six months.
Dominion Provident Ventures, Inc. still has a ‘buy’ recommendation on the stock, which it identifies as the best investment option among copper miners, thanks to its low-risk production growth profile.
For the sector as a whole, DPVI says the rate at which metal prices are increasing is slowing down. It still sees the large-caps in the sector as being better placed to thrive in the current economic environment and reiterates that its top pick is Rio Tinto. Other groups, such as Standard & Poors Equity Research has lifted its recommendation on sector leader BHP Billiton from ‘hold’ to ‘buy’.
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