1. **Cerrado Gold:** The Toronto-based mining company takes the first place as the leading Canadian mining stock this week. Recently, a significant gain of 76% placed it at the forefront. This rapid growth comes after the company uncovered potential gold deposits at its Minera Don Nicolás property in Argentina.
2. **Talon Metals Corp:** The second spot is secured by Talon Metals Corp. Noted for its investments in high-quality nickel and copper assets, it has shown a steady growth pattern over the week, boosted by rallying nickel prices and successful drilling programs.
3. **Iamgold Corp:** Iamgold Corp having its operations in Africa, Suriname, and Canada, featuring in the top five. The company experienced a notable surge in its share price fueled by higher gold prices and strong mining results.
4. **Kirkland Lake Gold:** The fourth position is held by Kirkland Lake Gold, also benefitting from the soaring gold prices. The company, best known for its high-grade, low-cost mining operations, saw a steady increment in its stock value.
5. **Teck Resources Limited:** Teck Resources, a diversified resource company engaged in the mining and mineral development sector, rounds out the top five. Various successful development projects and projections of a higher demand for its key commodities – primarily steelmaking coal and zinc – contributed to its growth over the week.
Please note that the stock market can be unpredictable and past performance may not be indicative of future results. Always do thorough research or consult with a financial advisor before making investment decisions.
