Two key players in the Canadian mining supply chain, Finning and Toromont, showed some interesting movement in February.
Finning started the month at $87.53 and, after a brief dip to $86.33 on the 5th, worked its way upward. The stock hit its stride late in the month, peaking at $93.62 on the 25th before settling at $91.96 on the 27th.
Toromont, trading at a significantly higher price point, had a stronger run. Opening at $174.94 on the 2nd, it climbed steadily throughout February. The stock saw a notable surge mid-month—jumping from $183.25 on the 10th to $195.39 on the 11th—and kept pushing higher. Toromont reached its peak of $211.80 on the 26th, closing the month virtually unchanged at $211.70.
Check out the full monthly report for details.