In the last month, the base metals sector came into the limelight by gaining some traction. According to resources, the metal division was up 6.5 percent during the previous week, contributing significantly to Canada's main stock market index's gain.

With this, it is safe to say that now is the right time to invest in Canadian metal stocks this November. If you are also looking for investment options for November, here are the top 4 TSX stocks to consider.




Read more to gain further insights.

1. First Quantum Ltd. (TSX: FNV)
Founded in 1983, First Quantum Minerals Ltd is a mining company with a diverse portfolio. The company’s primary activities include mineral exploration, mine engineering and construction, and development and mining operations.

 Its products include copper concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite. As of November 2022, First Quantum's market cap was valued at $13.32 billion.

As per TSX news today (on 2nd November), the share price of the company is$26.18.

2. Franco-Nevada Corporation (TSX: FNV)
Franco-Nevada Corp is a precious metal royalty and investment firm. The company has a diverse portfolio of precious metals and royalty streams that it actively manages in order to generate the majority of its revenue from gold, silver, and platinum.

The company owns a diverse portfolio of assets in terms of commodity, revenue type, & project stage and operates in the United States, Canada, & Australia.

As of November 2022, its market capitalization is evaluated at $24.05.

Today’s share price (2nd November 2022) of Franco-Nevada is $171.01.

3. Wheaton Precious Metals Corporation (TSX: WPM)

Wheaton Precious Metals Corp (TSX WPM) is a precious metal distributor. The company has entered into over 20 long-term purchase agreements for precious metals and cobalt with 17 different mining companies. It has streaming agreements with 19 operating mines and nine development-stage projects. The company’s projects include Vale's Salobo mine and silver streams on Glencore's Antamina & Goldcorp's Penasquito mines.


As of 2nd November 2022, the market cap and today's share price of Wheaton Precious Metal were recorded at $14.93 billion and $44.95, respectively.

4. Agnico Eagle Mines Limited (TSX: AEM)

Based out of Ontario, Toronto, Agnico Eagle Mines Limited is a global leader in the gold mining business. The company primarily operates in Canada, Finland and Mexico. Further, approximately 50% of the Canadian Malartic Mine is owned by Agnico Eagle Mines.

As on 2nd November 2022, Agnico Eagle Mines’s market capitalization was valued at $20.87 Billion, and its share price is $62.34.

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