5 Top Weekly TSX Performers: Uranium Stocks Take Off

St. Augustine Gold and Copper is developing the King-king copper-gold project, which it says is one of the largest undeveloped copper-gold deposits in the world, and is among the Philippine government's top three priorities.

Last week, St. Augustine saw its share price increase 25 percent to hit C$0.075 by the end of the period, although it didn't release any news during the week.

Mega Uranium shares the top spot with St. Augustine with a 25 percent share price gain that took it to C$0.32 by the end of the week. It did not release any news during the five day period.

The company's efforts are centered on uranium properties in Canada and Australia, and Mega Uranium also has a portfolio of equity investments in uranium-focused public and private companies.

Global Atomic is focused on uranium exploration in Niger and zinc recycling in Turkey. It owns 90 percent of the Dasa project, which it says is the largest and highest-grade uranium deposit found in Africa since the 1970s.

Last week, the diversified company’s share price increased 24 percent to trade at C$3.72.

Turquoise Hill Resources describes the Mongolia-based Oyu Tolgoi copper-gold mine as its "principal and only material mineral resource property." The company shares ownership of Oyu Tolgoi with a Mongolian state-owned entity, with both of them holding stakes in a firm called Oyu Tolgoi LLC.

Last Wednesday (August 24), the company received an improved non-binding proposal from Rio Tinto (ASX:RIO,LSE:RIO,NYSE:RIO) to acquire all of the outstanding common shares of the company it does not own for cash consideration of C$40 each. Turquoise Hill’s share price jumped 21.2 percent on the news to end the week at C$37.50.

Solitario Zinc has a 50 percent stake in a joint venture for the Alaska-based Lik zinc deposit with Teck Resources (TSX:TECK.A,TSX:TECK.B,NYSE:TECK). In addition, the company has a 39 percent joint venture interest in the Florida Canyon zinc project, located in Peru, with Nexa Resources holding the remainder.

Last Wednesday, the company received new assay results for its Golden Crest project in South Dakota. Solitario saw its share price increase 19.7 percent to hit C$0.79 by the end of the trading week.