Although the steep correction of commodities prices has depressed small-cap mining stocks, they soon could be on the way back up
“We’re taking our time and letting the opportunities come to us,” says the manager of one fund, which is 32% in cash
With the exception of some companies caught up in the commodities boom, small-cap stock prices have dropped from a year ago, when they were looking expensive relative to their large-cap counterparts. “Small-cap valuations are starting to get an edge, although it’s not significant yet,” says Martin Ferguson, manager of Mawer New Canada Fund at Calgary-based […]