5 Top TSX Stocks - First Quantum Minerals Up Nearly 50%

Mining & Minerals - Evaluations / Other Metals

Date posted: 12/25/15

Vivien Diniz reports that in capping off the holiday week, the SandP TSX Composite index was up 47.45 points or 0.35%. Canadian stocks were on the move for the fifth straight day. Banks and consumer companies managed to offset declines by oil producers during the shortened trading week. During the holiday session, the top gaining resource company was First Quantum Minerals. Runner up on to the top 5 is Capstone Mining, followed by Starcore International Mines, Dominion Diamond, and Almaden Minerals, rounding up the top 5. The top gainer was diversified metals miner, and copper producer, First Quantum Minerals. The company was up 48.88% to trade at $5.81. The Company is engaged in the production of copper, nickel, gold, zinc, platinum group elements, and acid, and related activities, including exploration and development. Its operating mines are located in Zambia, Australia, Finland, Turkey, Spain and Mauritania. The Company operations include the Kansanshi copper-gold mine, the Guelb Moghrein copper-gold mine, the Las Cruces copper mine, the Kevitsa nickel-copper-PGE mine, the Pyhasalmi copper-zinc mine, the Ravensthorpe nickel-cobalt mine and the Cayeli copper-zinc mine. The Company is developing the Trident project in Zambia, the Cobre Panama copper project in Panama, exploring the Haquira copper deposit in Peru and the Taca Taca copper-gold-molybdenum porphyry deposit in Argentina. Its subsidiaries include Kansanshi Mining Plc, First Quantum Mining and Operations Limited, Mauritanian Copper Mines SARL and FQM Kevitsa Mining OY, among others. Canadian metals miner, Capstone Mining posted a 29.58% gain this week, bumping its share price to $0.47. The Company is engaged in the production of and exploration for base metals in the U.S., Mexico, Canada and Chile. Its subsidiaries include Pinto Valley Mining Corp., which owns and operates the copper Pinto Valley Mine in Arizona, U.S., Capstone Gold, and many other companies. See others.