Mining stocks dominate TSXV top performers: capital and project signals for engineers
Reviewed by Joe Ashwell
First reported on MINING.com
30 Second Briefing
Mining stocks dominated the 2025 TSX Venture 50, taking 48 of 51 spots as Santacruz Silver Mining posted a 1,137% market cap increase and Ucore Rare Metals rose 1,109% on rare earth processing momentum. The mining cohort reached a combined market capitalisation of $19.9 billion with an average 443% share price gain, while overall TSXV 50 trading volumes doubled year-on-year to 13.2 billion shares. Nearly 80% of companies operate in Tier-1 jurisdictions in the Americas, with 43 issuers raising over $1.5 billion in equity during 2025.
Technical Brief
- TSXV 50 ranking uses equal weightings of market cap growth, share price gain and trading value.
- Several top-10 issuers are still years from commercial production, indicating strong appetite for pre-development risk.
- Santacruz Silver Mining (TSXV: SCZ) operates silver and base metal mines across Latin America, not Canada.
- Ucore Rare Metals (TSXV: UCU) targets both light and heavy rare earth processing within North American supply chains.
- Sixteen ranked issuers control Canadian assets, concentrated in Yukon and Ontario greenfield and brownfield belts.
- Fifteen operate in the United States, with projects clustered in Nevada and Alaska mining districts.
- Fourteen companies are active in Mexico, reinforcing that country’s role in TSXV-funded exploration and development.
- TSX and TSXV together host about 40% of the world’s publicly traded mining companies, skewed to early-stage explorers.
Our Take
With copper and gold both flagged as keywords in over 500 recent pieces in our database, the TSXV 50’s mining-heavy line-up reinforces how equity market liquidity is still clustering around these two commodities despite broader talk of diversification into battery metals.
The fact that nearly 80% of the highlighted mining companies operate in Tier‑1 jurisdictions across Canada, the United States and Mexico signals that, at least on the TSXV, investors are currently rewarding jurisdictional safety more than frontier exposure such as Congo, even where higher geological upside might exist.
An average 443% share price gain for the mining cohort, combined with over $1.5 billion in equity raised by 43 TSX Venture 50 companies, suggests that early‑stage copper, gold, silver and rare earths developers are using this window to term‑out funding and de‑risk projects ahead of any potential tightening in junior capital markets by the end of 2025.
Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.
Related Articles
Related Industries & Products
Mining
Geotechnical software solutions for mining operations including CMRR analysis, hydrogeological testing, and data management.
CMRR-io
Streamline coal mine roof stability assessments with our cloud-based CMRR software featuring automated calculations, multi-scenario analysis, and collaborative workflows.
HYDROGEO-io
Comprehensive hydrogeological testing platform for managing, analysing, and reporting on packer tests, lugeon values, and hydraulic conductivity assessments.
GEODB-io
Centralised geotechnical data management solution for storing, accessing, and analysing all your site investigation and material testing data.