Tuesday, November 24, 2020

Battle for rare earth metals will intensify

 https://www.wealthdaily.com/articles/investing-in-rare-earth-stocks-our-top-3-picks-for-2020/93781

 

Western Australia’s Lynas Corp. (ASX: LYC), the only other major rare earth producer outside China, was up 16% in a matter of days.

Toronto-based Avalon Advanced Materials Inc. (TSX: AVL), which was exploring a feasibility-stage rare earth project, surged by 33%. 

And Canadian-based junior miners including Geomega Resources Inc. (TSX-V: GMA), Ucore Rare Metals Inc. (TSX-V: UCU), and Commerce Resources Corp. (TSX-V: CCE) climbed 13%, 48%, and 21%, respectively.

Time to take a position in BAC

 40% upside

Intrinsic value of Bank of America Corporation (BAC)

Previos Close

$26.81

Intrinsic Value