5 Top Weekly TSX Performers: Precious Metals Stocks Up

1. Mandalay Resources

Mandalay Resources has producing assets in Australia and Sweden, and care-and-maintenance and development projects in Chile. The company is focused on growing production at its gold and antimony Costerfield operation in Australia, and gold production from its Björkdal asset in Sweden.

Mandalay didn't release any news last week, but company shares increased 18.14 percent to end at C$2.41.

2. Americas Gold and Silver

Precious metals mining company Americas Gold and Silver owns and operates the Cosalá operations in Sinaloa, Mexico. It also manages the 60 percent owned Galena complex in Idaho, US, and is reevaluating the Relief Canyon mine in Nevada, US. The company owns the San Felipe development project in Sonora, Mexico, as well.

Last Thursday (December 16), the company provided a brief update on production following the reopening of the Cosalá operations. Last week, shares of Americas Gold and Silver increased 13.4 percent and were trading at C$1.10 by the end of the week.

3. MAG Silver

MAG Silver is a development and exploration company focused on becoming a top-tier primary silver-mining company by exploring and advancing high-grade, district-scale, silver-dominant projects in the Americas.

Its principal focus and asset is the Juanicipio project (44 percent owned), which it is developing with Fresnillo (LSE:FRES,OTC Pink:FLNPF) (56 percent owned), the operator. The project is located in the Fresnillo silver trend in Mexico, where the operator is currently developing an underground mine and constructing a 4,000 tonne per day processing plant expected to be commissioned by the end of 2021.

Over the five day period, shares of MAG increased 11.19 percent to end the week at C$20.86.

4. RTG Mining

Mining and exploration company RTG Mining is currently focused primarily on progressing the Mabilo project to startup, having recently received a mining permit for the asset. It intends to move quickly and safely toward becoming a producing gold and copper company.

Last week, shares of RTG Mining increased 10.53 percent and were trading at C$0.10 by the end of the week.

5. ​Agnico Eagle

Agnico Eagle is a mining company that produces precious metals from operations in Canada, Finland and Mexico. It has a pipeline of exploration and development projects in these countries, as well as in the US and Colombia.

Last week, Agnico Eagle saw its share price increase 10.06 percent to hit C$66.75.