#7 - Alpha Copper (OTC:ALCUF)
The next small-cap stock on this list is Alpha Copper Corp. (OTCMKTS: ALCUF). The Canadian mining company’s operations are centralized in two holdings that total 17,640 acres in British Columbia. One of these projects, the Indata project is located in an area that is believed to hold significant amounts of copper deposits.
Another advantage that the company has its specialty in mining “porphyry” copper deposits. These deposits yield about two-thirds of the world’s copper. And as an added benefit, these deposits are usually found with gold deposits.
That’s the reward. The risk is that the sites are “believed” to hold significant amounts of copper. That’s not the same as knowing. And the stock trades on the over-the-counter markets so it may not provide the liquidity that many investors desire. Still, if you have an appetite for risk and the ability to put some speculative capital at risk, Alpha Copper makes for an intriguing investment.
About Alpha Copper
Alpha Copper Corp. engages in acquiring, exploring, and developing mineral properties in British Columbia. The company explores for copper, gold, and molybdenum deposits. Its flagship properties are Indata property, which comprises 16 mineral claims covering an area of 3,189 hectares; and Okeover Property that consists of 12 mineral claims covering an area of 4,614 hectares in British Columbia, Canada.
Read More - Current Price
- $0.11
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
Investing in copper stocks is not without risk. But the simple fact is that the clean energy transition won't happen – can't happen – without copper. The International Energy Agency predicts that global demand for renewable electricity will increase 60% from current levels by 2026. By 2030, there will be 23 million electric vehicles (EVs) than existed in 2010.
All of this development requires copper. That's why analysts forecast that global copper demand could increase 350% by 2050. And this is global demand so there will be more urgency in copper mining than ever before because the consequences of not having enough copper means that the clean energy transition will be delayed.
There's no political will for that right now. And with the money that many companies have invested in clean energy, there's plenty of economic incentive. That's why now is the time to invest in copper stocks. We'd like to help. MarketBeat is a one-stop resource to research the stocks on this list. And with MarketBeat All-Access, you get access to other tools that can further your research. With a 30-day trial period, you have nothing to lose, so give it a try today.
More Investing Slideshows: