Top 5 Canadian Mining Stocks This Week: Brutus Mining Jumps 89 Percent on CSE Listing

Markets and commodities react

Canadian equity markets were negative this week.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) lost 0.1 percent over the week to close Friday (September 25) at 35,800.89, while the S&P/TSX Venture Composite Index (INDEXTSI:JX) fell 0.76 percent to 920.47.

The CSE Composite Index (CSE:CSECOMP) shed 0.37 percent to 170.62.

The gold price lost 1.18 percent to close at US$4,291.10 per ounce on Friday at 4:00 p.m. EDT. The silver price was down1.32 percent at US$64.32 per ounce on Friday.

In base metals, the Comex copper price recorded a 2.38 percent increase this week to US$6.78 per pond.

The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) fell 1.43 percent.

Top Canadian mining stocks this week

How did mining stocks perform against this backdrop?

Take a look at this week’s five best-performing Canadian mining stocks below.

Stocks data for this article was retrieved at 3:00 p.m. EDT on Friday using TradingView's stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

1. Brutus Mining (CSE:BRU)

Weekly gain: 89.47 percent
Market cap: C$14.9 million
Share price: C$0.72

Brutus Mining is an exploration company advancing its CW copper project in BC, Canada.

The property is located in South-Central BC, about 100 kilometers north of Kamloops. It consists of five contiguous mineral claims covering 2,894.56 hectares and hosts five primary targets with copper and gold mineralization.

According to a January 2026 technical report, Brutus holds an option to earn a 100 percent interest in the property by paying the vendor total consideration of C$80,000 cash and 200,000 shares.

The project is in its early stages and does not have a mineral resource estimate.

Brutus Mining recently went public. The company signed a listing agreement with the Canadian Securities Exchange on September 1, with trading commencing on September 10. On September 17, Brutus announced it had engaged Palliser Exploration to carry out a soil sampling survey at CW. The program, consisting of 1,500 samples spaced evenly across the property, is designed to detect mineralization not found in previous programs.

The company followed up on Monday by announcing two concurrent non-brokered private placements for gross proceeds of up to C$3 million. Brutus plans to use the proceeds for exploration at CW, the evaluation of new projects and working capital. Then, on Wednesday (September 23), Brutus said its shares had also begun trading on the Frankfurt Stock Exchange, giving the company exposure to European investors.

2. NiCAN (TSXV:NICN)

Weekly gain: 82.35 percent
Market cap: C$26.55 million
Share price: C$0.155

NiCan is an exploration company with a pair of projects in Manitoba, Canada. Its primary focus has been on its Pipy nickel property near Thompson, at which the company recently made a gold discovery. The project consists of two areas, Pipy North and Pipy South, covering a total land package of 76.97 square kilometers. Exploration at the site dates back to the 1970s, and a 14 kilometer horizon that remains largely untested has been identified.

The most recent project news came on September 14, when NiCAN reported assay results from the first seven holes of a 16 hole, 2,395 meter diamond drill program at Pipy South. The results extended the Horseshoe gold zone at least 400 meters along strike, with one highlighted 75 meter interval grading 0.65 grams per metric ton (g/t) gold, 11.55 g/t silver and 0.56 percent lead, including a 30 meter interval of 0.9 g/t gold, 5.19 g/t silver and 0.21 percent lead, as well as 2 meters grading 8.01 g/t gold, 59.1 g/t silver and 2.17 percent lead.

3. AnorTech (TSXV:ANOR)

Weekly gain: 78.57 percent
Market cap: C$25.2 million
Share price: C$0.125

AnorTech is focused on commercializing sustainable materials from its Gronne Bjerg anorthosite project in Greenland. The property is approximately 80 kilometers from the capital of Nuuk and hosts significant deposits of anorthosite, a calcium-rich feldspar containing 50 percent silicon, 31 percent aluminum and 15 percent calcium.

The company is advancing product lines such as zero-waste smelter-grade alumina, as well as alumina-based catalysts for carbon dioxide capture, advanced 3D-printable cement and lunar construction materials.

AnorTech shares traded up this week after US President Donald Trump announced on Tuesday (September 22) that the US had reached a security agreement that will allow the US greater military access to Greenland. The deal also has terms for critical minerals exploration and development that prioritize the US, NATO countries and the EU.

On Wednesday, AnorTech welcomed the agreement, saying, “It strengthens defense cooperation across the regions (and) affirms Greenland’s sovereignty and its right to self-determination.”

AnorTech President Jim Cambon also stated, “The agreement brings security and stability to Greenland and reinforces its role as an integral part of a secure supply chain for critical and strategic resources. We expect increased investment in critical mineral projects to follow.”

4. Galway Metals (TSXV:GWM)

Weekly gain: 76.19 percent
Market cap: C$119.19 million
Share price: C$1.11

Galway Metals is an exploration and development company advancing its Clarence Stream gold-antimony project in New Brunswick. The property, located southwest of Fredericton, consists of 2,919 mineral claims covering about 66,176 hectares, and hosts a strike length of about 55 kilometers, with three separate deposits.

A July updated mineral resource estimate shows Clarence Stream hosts an indicated resource of 1.42 million ounces of gold and 19,500 metric tons of antimony from 27.2 million metric tons of ore grading 1.62 g/t gold and 716 parts per million (ppm) antimony. Additionally, the property hosts an inferred resource of 1.29 million ounces of gold, and 3,100 metric tons of antimony from 28.5 million metric tons of ore grading 1.4 g/t gold and 107 ppm antimony.

On Tuesday, Galway announced a brokered private placement of up to 19.44 million flow-through units for gross proceeds of up to C$14 million. The proceeds will fund exploration at Clarence Stream. The offering is led by strategic investor Michael Gentile, who has agreed to buy 17.15 million units and is expected to hold about 11 percent of Galway's shares once it closes; if he chooses to exercise all of his warrants, that would rise to 19.9 percent.

5. Guardian Exploration (TSXV:GX)

Weekly gain: 56 percent
Market cap: C$23.53 million
Share price: C$0.195

Guardian Exploration is advancing its Mount Cameron silver-lead-zinc project in the Yukon. The property is located in the Mayo Mining District and consists of 154 quartz mining claims covering about 3,017 hectares, and hosts two silver-lead-zinc occurrences, Clark and Cameron. No mineral resource has been estimated for the project. The company also owns the Sundog and Esker gold projects in Nunavut's Kivalliq region and the Kaigani gold project in Alaska.

In May, Guardian received an exploration permit from the Yukon government for Mount Cameron and began mobilizing crews in early July for its 2026 program, which the company called its largest to date at the property.

The most recent news from the company came on July 16, when Guardian announced that it completed an airborne magnetic and radiometric survey covering approximately 669 line kilometers over a 30.3 square kilometer block.

“Integration of the magnetic and radiometric geophysical data will significantly enhance our understanding of the Project and help prioritize high-quality drill targets for the next phase of exploration at Mount Cameron,” said President and CEO Graydon Kowal.

FAQs for Canadian mining stocks

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity.

As of April 2026, the listing fee alone will most likely cost between C$10,000 to C$70,000, and accounting and auditing fees could rack up between C$25,000 and C$100,000. Legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange's trading hours.