Sanatana Resources (TSXV:STA) signed a deal to purchase the Gold Strike Two project in the Yukon from LIRECA, a company affiliated with Yukon mineral developer Florin Group. The stock added almost 200 per cent on the news in late Tuesday trading.
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By the ounce
At the time of writing on Tuesday, the price of gold sat at US$3,425, up from US$3,324.90 per ounce in our April 30 report, according to data from The Globe and Mail, as the lack of trade deals following Trump’s global tariffs spooks the market away from equities and into safe-haven assets.
This week in gold
Torex Gold Resources (TSX:TXG) reached commercial production at its Media Luna mine in Mexico. The company is focused on ramping up underground mining to 7,500 tons per day by mid 2026.
Altamira Gold (TSXV:ALTA) published a maiden resource estimate for the Maria Bonita deposit at its Cajueiro gold project in Brazil, detailing 357,800 ounces indicated and 362,400 ounces inferred.
If you’re on the hunt for mining stocks, it’s best practice to look where target commodities are trading at all-time-highs, putting the spotlight on gold miners – such as Ramp Metals, Cartier Resources and Goldquest Mining – yet to fully reflect the yellow metal’s vertiginous past few years.
Top trending gold stocks
- New Found Gold (TSXV:NFG) | 9,700+ views.
- Laurion Mineral Exploration (TSXV:LME) | 9,100+ views.
- West Red Lake Gold Mines (TSXV:WRLG) | 8,300+ views
- Calibre Mining (TSX:CXB) | 6,400+ views.
- No other gold stocks in the top Mining Bullboards this week.
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