Best Junior Copper Stocks on the TSXV

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Which junior copper stocks have gained the most on the TSXV so far this year? Six months into 2021, CopAur Minerals takes the lead.

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Copper has had an eventful first half of the year due to positive supply and demand expectations, rallying to a 10 year high before reaching its best price ever in May.

The red metal hit an all-time high on May 10, 2021, topping out at US$4.90 per pound before falling back to close at US$4.76. Signs of economic recovery and supercharged interest in electric vehicles and renewable energy have pushed the price of copper higher and higher.

In the first half of the year, some TSXV-listed copper companies also made impressive gains. Read on to see which junior copper stocks have increased the most so far in 2021.

This list was generated on July 7, 2021, using TradingView’s stock screener. Only companies with market capitalizations greater than C$10 million at that time are included.

1. CopAur Minerals (TSXV:CPAU)

Year-to-date gain: 527.5 percent; current share price: C$0.91

Copper and gold exploration company CopAur Minerals is advancing its William project, located halfway between the Red Chris and Kemess North mines in the emerging Toodoggone district of the Golden Horseshoe region in BC, Canada. The company’s advisory board includes members of explorer Benchmark Metals (TSXV:BNCH,OTCQX:BNCHF).

CopAur began a 5,000 meter drill campaign in June that is focused on two targets. One is prospective for mesothermal-style gold and the other for copper-gold porphyry.

2. Filo Mining (TSXV:FIL)

Year-to-date gain: 423.3 percent; current share price: C$10.10

A member of Lundin Group, Filo Mining is focused on advancing its 100 percent owned Filo del Sol copper-gold-silver deposit located in Chile’s Region III and Argentina’s adjacent San Juan province.

Filo’s 2020 to 2021 field program is currently ongoing, with drill results including 1,081 meters at 0.88 percent copper equivalent, including 352 meters at 1.16 percent copper equivalent, as well as 858 meters at 1.8 percent copper equivalent; Filo has also discovered a new high-grade feeder zone.

3. Foran Mining (TSXV:FOM)

Year-to-date gain: 298.2 percent; current share price: C$2.31

Copper-zinc development company Foran Mining’s flagship property, McIlvena Bay, is the largest undeveloped volcanogenic massive sulfide deposit along the Saskatchewan’s Flin Flon greenstone belt. Foran is committed to making the project the world’s first carbon-neutral copper development project.

In June, a drill program delivered one of the project’s widest intercepts of high-grade copper to date: 28.7 meters of continuous mineralization grading 2.05 percent copper equivalent. The company also identified six new regional high-priority targets.

4. Quaterra Resources (TSXV:QTA)

Year-to-date gain: 78.57 percent; current share price: C$0.12

Quaterra Resources is focused on advancing its key copper assets in Yerington, Nevada. The company’s Yerington copper projects include the MacArthur, Yerington and Bear deposits, all owned 100 percent by Singatse Peak Services, a wholly owned subsidiary of Quaterra.

In May, Quaterra began a 7,000 to 10,000 meter core drilling program at its MacArthur copper oxide project. The results of the program will help to inform a planned prefeasibility study.

5. Highland Copper (TSXV:HI)

Year-to-date gain: 136.3 percent; current share price: C$0.13

Highland Copper has all its efforts on exploring and developing copper projects in the Upper Peninsula of Michigan, US. Highland’s flagship project is the 100 percent owned Copperwood project, for which the company has completed a feasibility study.

The company also owns the UPX property and has entered into an agreement to acquire the White Pine project from Copper Range Company, a wholly owned subsidiary of First Quantum Minerals (TSX:FM,OTC Pink:FQVLF). Highland Copper recently announced that it expects to complete the acquisition of the White Pine North project in July.

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Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

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