| Falling base metal prices are putting major pressure on producer balance sheets, especially for those miners that are carrying a lot of debt. Canaccord Genuity analyst Peter Bures is among those cautioning investors to be very careful in this sector right now.
“With producers feeling the squeeze of over-levered balance sheets amidst a backdrop of significantly lower commodity prices, we believe investors should be considering a ‘survival of the fittest’ approach to the base metals equities, if at all, at least over the next 12 months,” he said in a note...............................................Full Article: Source
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