Spotlight Growth
No Result
View All Result
Monday, March 27, 2023
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
No Result
View All Result
No Result
View All Result
Home Commodities

ZincX Resources (TSXV: ZNX) (OTCQB: ZNCXF): Keep an Eye on this Micro-Cap, Pure-Play Company Amid Growing Demand for Zinc

by admin
July 12, 2022
in Commodities
0
ZincX Resources TSXV ZNX OTCQB ZNCXF Pure Play Zinc Stock Spotlight Growth

ZincX Resources TSXV ZNX OTCQB ZNCXF Pure Play Zinc Stock Spotlight Growth

Metals and mining have always been an important segment of the global economy, however, when most investors think of them, they typically think of precious metals such as gold and silver, or industrial metals such as copper.  In recent years mining of rare earth minerals such as lithium has ramped up as the electric vehicle market has grown rapidly.  Another metal that is critical to the construction of buildings and railways, and the manufacturing of automobiles that is often overlooked is zinc.

Zinc is the third most commonly used non-ferrous (not containing iron) metal in the world, after aluminum and copper.  Its primary use is to coat iron and steel which prevents corrosion, so zinc is vital to the construction of commercial, industrial, and residential buildings as well as to global infrastructure such as bridges, tunnels, and railroads.  Zinc is also used in batteries and energy storage solutions, providing an additional and growing use case for the metal.

A pure-play mining and production company for zinc is the Canadian company ZincX Resources (TSXV: ZNX) (OTCQB: ZNCXF).  The company has two main projects, the Akie Cardiac Creek and Kechika sites consisting of over 116 square kilometers and 46 mining claims in British Columbia, Canada.  A Preliminary Environmental Assessment (PEA) has valued the Akie project at a Net Present Value of $649 million with a base case of $1.21 per pound for zinc.  Zinc has been trading in a range of $1.40 and $2.00 per pound in recent months, and the upper end of that range translates into an estimated project value of $2 billion.  The project is located in a stable jurisdiction and has ready access to power sources, roads, and an airport.

Source: ZincX Resources
Source: ZincX Resources

Pure play zinc producers are rare in the publicly traded markets, and ZincX is a very small company with a market cap of only $16.9 million.  This small size makes the company an attractive takeover target for major miners who need to increase their zinc production capacities such as Tongling, Korean Zinc, and Teka.  The world is facing a chronic shortage of zinc, which has been exacerbated by the recent closure of several zinc mines called Skorpion, Perseverance, Brunswick, Century, and Lisheen.  Few new mines are coming on line, which should continue to put upward pressure on zinc prices.  Another catalyst for growth is the push by national and local governments into green energy so greater amounts of zinc will be needed for the energy storage solutions that facilitate these initiatives.  Zincx is also considering a spinoff of regional projects into another publicly-traded company for the benefit of existing shareholders, which could unlock value.

The world’s appetite for zinc is growing, and pure-play zinc miners are few.  With price appreciation likely for the metal, and big miners on the hunt for acquisitions, ZincX has two major avenues for upside in the coming months and years.  This Canadian microcap producer is worth putting on investors’ watchlists as a way to gain exposure to the future production of infrastructure projects and green energy storage.

Disclaimer:

Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement.

All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated one thousand dollars cash for the creation and dissemination of this content by a third party Guerrilla Capital and Ryan Yanch.

This material does not represent a solicitation to buy or sell any securities. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management.

The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions.

Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/

Tags: CanadaCanadian stockscommoditiescommon stockday tradingemerging growthinvestinginvesting newsinvestmentmicrocap stocksnatural resourcesnewsotc marketsotc stocksOTCQBpenny stockspublic companyservicessmall cap companiessmall cap stockssmall capsSpotlight GrowthSpotlight Growth Stocksstock marketstocksstocks to watchtradingTSXVzincZinc stocksZincXZNXZNXCF
  • Trending
  • Comments
  • Latest
Asure Software NASDAQ ASUR Human Capital Management HCM Industry Spotlight Growth

Asure Software (NASDAQ: ASUR) is Expanding to Meet the Rising Demand for Human Capital Management Software

September 27, 2022
OLB Group NASDAQ OLB Cuentas NASDAQ CUEN Partnership Fintech Spotlight Growth

OLB Group (NASDAQ: OLB) and Cuentas (NASDAQ: CUEN) Team Up to Bring Fintech Solutions to Over 32,000 Bodegas Across the United States

October 6, 2022
Siyata Mobile NASDAQ SYTA SYTAW SD7 VK7 Purchase Orders Spotlight Growth

New Purchase Orders for SD7 Rugged Device, VK7, and Other Accessories Boost Siyata Mobile’s Outlook (NASDAQ: SYTA)

December 14, 2021
Telcoin TEL Crypto Spotlight Growth

Telcoin (TEL) Quietly Leads a Crypto Remittance Revolution

June 15, 2021
Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

0
Safe-T SFET NASDAQ UN Presentation

Safe-T (NASDAQ: SFET) Has Been Selected to Present at the United Nations’ Office of Information and Communications Technology Event

0
Safe-T Group SFET Q4 FY 2020 Financial Results

Safe-T Group (NASDAQ: SFET) Reports Fourth Quarter and Full Year 2020 Financial Results

0
Safe-T Group NASDAQ SFET FY 2020 Prelim

Safe-T Group Ltd. (NASDAQ: SFET) Estimates Record-High Annual Revenues of Approximately $4.9 Million Representing ~50% Growth YoY 2020

0
Is U.S. Government Trying to Ban Crypto Spotlight Growth

Is The U.S. Government Trying to Ban Crypto?

March 23, 2023
Bioadaptives OTC Pink BDPT LOI World Wellness Health and Wellness Spotlight Growth

Bioadaptives (OTC Pink: BDPT) Signs LOI with World Wellness, LLC to Develop New Health and Wellness Products

March 23, 2023
JanOne NASDAQ JAN Sells ARCA Recycling Business Focus on Biopharma Spotlight Growth

JanOne (NASDAQ: JAN) Sells ARCA Recycling Business to VM7, Will Focus on Budding Biopharmaceuticals Business

March 22, 2023
89bio NASDAQ ETNB Phase 2b ENLIVEN Trial Pegozafermin NASH Spotlight Growth

89bio (NASDAQ: ETNB) Reports Phase 2b ENLIVEN Trial of Pegozafermin Achieved Primary Endpoints For Treatment of Nonalcoholic Steatohepatitis (NASH)

March 22, 2023

Recent News

Is U.S. Government Trying to Ban Crypto Spotlight Growth

Is The U.S. Government Trying to Ban Crypto?

March 23, 2023
Bioadaptives OTC Pink BDPT LOI World Wellness Health and Wellness Spotlight Growth

Bioadaptives (OTC Pink: BDPT) Signs LOI with World Wellness, LLC to Develop New Health and Wellness Products

March 23, 2023

Categories

  • Bio/Med/Pharma
  • Cannabis
  • Commodities
  • Consumer Goods
  • Crowdfunding
  • Crypto Cheat Sheets
  • Cryptocurrency
  • Earnings
  • Education
  • Entertainment
  • Financials
  • Market News
  • Opinion
  • Politics
  • Real Estate
  • Split Watch
  • Sponsored
  • Store
  • Technology
  • Uncategorized
  • Venture Capital/Private Equity (VC/PE)

Site Navigation

  • Disclosures
  • Terms Of Service
  • Privacy Policy
  • Contact Us

Copyright © 2017-2022 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

No Result
View All Result
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener

Copyright © 2017-2022 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

Newsletter Signup

Subscribe to our weekly newsletter below and never miss the latest small/micro-cap analysis and investment news from Spotlight Growth.

Enter your email address

Thanks, I’m not interested