2019 has been a very good year for Canadian investors. The S&P TSX Composite index has returned 20.63 percent from a year ago, as of December 16th,2019 , and the S&P 500 has returned 20.7 percent in Canadian dollar terms, for the same period.
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As a result, most stocks have performed beyond expectation. The top-performing stock in the S&P/TSX Composite index is up a whopping 216.74 percent. Here’s a list of the *top five performing Canadian metals and mining companies over the past three (3) years:
Of the five, three are primarily in precious metals. This makes a lot of sense. Gold has had a very strong run in 2019, as factors including a weaker dollar, US-Iran sabre rattling, the US-China trade war, and a pivot from the world’s central banks have all worked to benefit the precious metal’s price increase.
*Information provided by
The Financial Post.
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