3 Low-Debt Industrial Metals And Minerals Stocks Maintaining Great Liquidity

Companies that specialize in resource extraction require fleets of expensive heavy equipment and mine areas that often have little accessibility. This type of endeavor requires substantial funding to maintain operations. It is not surprising that many companies in the industrial metals and minerals space find it necessary to leverage their assets to keep the company going during dry spells. But we all know that too much debt can be a detriment in the long run. To find industrial metals and minerals companies that have a sound capital structure, we searched for two traits: liquidity and minimal long-term debt. These two qualities speak to a company that has maintained strong financial control along the way and is poised for growth as well as overcoming challenges. Use the list of industrial metals and minerals stocks below to start your own evaluation.The Current ratio is a liquidity ratio used to determine a
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