The Canadian mining zombies

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Canada has a reputation worldwide as the epicentre for mining exploration, and over the years the country’s junior-listed companies have created billions of dollars in wealth through new mineral discoveries. However, these days, Canada is home to a horror story that seems to haunt investors more each year: 52 percent of all Canadian mining stocks are now “zombies”, and together the walking dead combine for a total of -$2.8 billion in negative working capital. See here at Visual Capitalist

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