We’ve identified the 10 best Canadian stocks in the small cap space in terms of year-to-date returns
SmallCapPower | October 5, 2017: With the second quarter behind us, we have identified the 10 best Canadian stocks in terms of year-to-date (YTD) performance. The small cap stocks on our list are up 530% on average, with majority of the participants being in the mining space.
Garibaldi Resources Corp. (TSXV:GGI) – $2.19
Base Metals
Garibaldi Resources Corp. is a nickel exploration company with properties located in Canada and Mexico. The Company’s projects in Mexico include: La Patilla, the Rodadero, the Tonichi and the Iris project. Its projects in Canada include: E&L, PSP and King projects, The Cariboo Copper and Gold project, the Red Lion project, the Grizzly project, the Tora Tora project and the Black Gold project. Assays are currently pending from the first hole at Nickel Mountain (E&L), which intersected two long intervals totaling 167m of disseminated nickel-copper sulphide mineralization.
- Market Cap: $189 million
- YTD Total Return: 1,457.2%
- Total Debt(CAD):$0.00
Novo Resources Corp. (TSXV:NVO) – $8.36
Gold
Novo Resources Corp is a Canadian-based gold exploration focused on its Karratha gold project in the Pilbara region in Western-Australia covering12,000 square km. Novo also controls a 100% interest in approximately two square km covering much of the Tuscarora Au-Ag vein district, Nevada.
- Market Cap: $1,228 million
- YTD Total Return: 963%
- Total Debt (CAD): $0.00
Aurion Resources Ltd. (TSXV:AU) – $2.73
Gold
Aurion Resources is a Canadian-based gold explorer focused on its 100%-owned Aamurusko discovery in the Central Lapland Greenstone Belt in northern Finland. The Company also has JV agreement with B2Gold for part of its package in Finland. There are three other major deposits in the region, which include Kittila (Agnico Eagle), Sakatti (Anglo American), and Kevitsa (Boliden).
- Market Cap: $187 million
- YTD Total Return: 618.4%
- Total Debt(CAD): $0.00
GT Gold Corp (TSXV:GTT) – $1.84
Gold
GT Gold Corp is a gold explorer advancing the Tatogga project in the Golden Triangle in NW British Columbia, Canada, which covers 31,000 hectares. The first ever drilling on the property began in July 2017 and returned near-surface high-grade results. GT’s second asset, the New Nanik Property, encompasses 13,000 hectares of west central British Columbia.
- Market Cap: $136 million
- YTD Total Return: 607.7%
- Total Debt (CAD): $0.00
Osisko Metals Inc (TSXV:OM) – $1.32
Gold
Osisko Metals Inc., formerly Bowmore Exploration Ltd, is a zinc-copper-lead explorer advancing its flagship Bathurst Mining Camp, which covers more than 50,000 hectares. Osisko Gold Royalties is a significant shareholder of Osisko Metals Inc with approximately 20% ownership.
- Market Cap: $87 million
- YTD Total Return: 340.0%
- Total Debt (CAD): $0.00
Falcon Oil & Gas Ltd (TSXV:FO) – $0.40
Oil & Gas
Falcon Oil and Gas Ltd., is a Canadian company with assets in Australia, South Africa and Hungary. The Company announced a discovery from Beetaloo Basin mid-February. Falcon’s interests include Exploration Permit EP-76 (Beetaloo Basin, Northern Territory, Australia) covering an area of 1,891 square kilometers; Exploration Permit EP-98 (Beetaloo Basin, Northern Territory, Australia) covering and area of over 10,320 square kilometers; Exploration Permit EP-117 (Beetaloo Basin, Northern Territory, Australia) covering approximately 6,410 square kilometers; Technical Cooperation Permit, (Karoo Basin, South Africa) covering a 30,328 square kilometers, and Mako Production License (Mako Trough, Hungary) covering a gross area of approximately 994.6 square kilometers.
- Market Cap: $367 million
- YTD Total Return:338.9%
- Total Debt (CAD): $0.00
BTL Group Ltd (TSXV:BTL) – $4.50
IT Services & Consulting
BTL Group Ltd. is a Canadian technology company focused on developing developingInterbit, a proprietary private blockchain for the finance, energy and games industries. BTL assists companies with risk and cost mitigation by streamlining existing IT infrastructures. The Company’s services include consulting, workshops and point of contacts.
- Market Cap: $86 million
- YTD Total Return: 275.0%
- Total Debt (CAD): $0.00
Karmin Exploration Inc (TSXV:KAR) – $1.00
Gold & Zinc
Karmin Exploration Inc is a gold and zinc explorer in Brazil and Peru. Karmin’sCushuro project is in the Huamachuco gold mining district in the sierras of northwestern Peru and covers over 20 square kilometers. The Company’s Aripuana Zinc Joint Venture Project is a located in a polymetallic mining district in Mato Grosso state Brazil, covering 820 square kilometers.
- Market Cap: $77 million
- YTD Total Return: 257.1%
- Total Debt (CAD): $0.26 million
Minaurum Gold Inc (TSXV:MGG) – $0.31
Diversified Mining
Minarium Gold Inc. is a Canadian-based explorationcompany focused in Mexico. The Company’s projects include Biricu project, VuelcosdelDestino project, Adelita project, Aurena project and Santa Marta project. The Biricu project consists of approximately three mining concessions covering over 41,460 hectares in the southeastern portion of the Guerrero Gold Belt (GGB). VuelcosdelDestino is located on the southern end of the GGB trend, totaling over 8,830 hectares. The Santa Marta project covers approximately 7,110 hectares in the southeastern part of Oaxaca State. Additionally, the Aurena project comprises approximately four mineral concessions covering over 1,030 hectares in the southern part of Oaxaca state. Lastly, the Adelita project straddles the border of Sinaloa and Sonora states and covers over 8,450 hectares, and lies approximately eight kilometers east of Pan American Silver’s Alamo Dorado mine.
- Market Cap: $73 million
- YTD Total Return: 238.9%
- Total Debt (CAD): $0.00
Critical Elements Corp (TSXV:CRE) – $1.61
Lithium & Rare Metals
Critical Elements Corporation is a focused on its Preliminary Economic Assessment stage Rose property in the James Bay area of Quebec. Its Rose Lithium-Tantalum property consists of approximately 500 claims, covering a total area of approximately 260.9 square kilometers. The Company’s also has nine other mining properties.
- Market Cap: $240 million
- YTD Total Return: 215.7%
- Total Debt (CAD): $0.00
Disclosure: Neither the author nor any of the principals at SmallCapPower, or their family members, own shares in any of the companies mentioned above.
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