While tech giant Apple scaled new heights to reach over US$194 per share in late June, putting its market cap at an astonishing US$3 trillion, investors are finding junior miners less appetizing.
To be fair, exploration companies have seen far worse periods — the 2012-2016 bear market, for example.
But given the metals crunch that we all know is coming, raising money should be a piece of cake for juniors, especially those looking for buzzy critical minerals.
Mining exploration financing has actually been strong since 2020, says Richard Carleton CEO of the Canadian Securities Exchange.
“Mining is really leading the way in terms of both new companies that are listing on the exchange and as far as capital formation goes,” Carleton said in late June.
THIS ARTICLE ORIGINALLY APPEARED ON MINING.COM
