Zinc Stocks: 4 Biggest Canadian Companies in 2025
The price of zinc was on the rise in 2024, but this year has been a different story. The metal’s value has trended down for most of 2025 on the back of increased supply and weakening demand.
Many base metals have taken hit from lagging demand in recent years due to sticky inflation and higher interest rates, and zinc is no exception. Zinc supply has also faced pressure from higher mining and refining costs, causing some major zinc mines and smelters to suspend operations, with more possible if the current economic situation continues.
With its important role in the steel manufacturing process, the zinc market is heavily influenced by international trade. One area of support in the last few months has been turmoil caused by the US-China trade war and tariff threats .
The Investing News Network has gathered the biggest TSX- and TSXV-listed zinc-mining companies by market cap. The list below includes zinc miners and explorers, as well as companies pursuing zinc as a secondary metal.
Data was gathered on July 30, 2025, using TradingView’s stock screener, and only zinc stocks with market caps greater than C$50 million at that time were considered. Read on to learn more about their operations and plans.
1. Teck Resources (TSX:TECK.A,TSX:TECK.B)
Market cap: C$22.01 billion
Share price: C$45.04
Teck Resources is a major global polymetallic miner, as well as one of the world’s top zinc producers.
The Vancouver-headquartered company produced 615,900 metric tons (MT) of zinc in concentrate in 2024, with 555,600 MT coming from its Red Dog zinc mine in Alaska. The remaining 60,300 MT came from Teck’s 22.5 percent share of zinc production from the Peru-based Antamina copper-zinc mine.
Teck’s total 2025 production guidance for the base metal is set in a range of 525,000 to 575,000 MT. As of June 30, the company’s zinc production for the year totaled 384,000 MT.
In addition to the sites mentioned, Teck owns the Trail operations, which it describes as “one of the world’s largest fully integrated zinc and lead smelting and refining complexes.” Located in BC, Canada, the Trail operations produced 256,000 MT of refined zinc in 2024, with 190,000 to 230,000 MT of the material expected in 2025.
Teck pays a quarterly dividend. On September 29, it will pay out a dividend of C$0.125 per share.
Market cap: C$485.11 million
Share price: C$2.32
Fireweed Metals is a critical metals company whose flagship Macmillan Pass zinc project is located in Canada’s Yukon. In 2023, the company acquired the Gayna River zinc project in the Northwest Territories, as well as the Mactung tungsten project, which is adjacent to Macmillan Pass and straddles the border between Yukon and the Northwest Territories. According to Fireweed, Mactung “hosts the world’s largest high-grade tungsten deposit.”
Even with these new assets, the company still has a strong focus on Macmillan Pass. In fact, in November 2023, the…
Read More: Zinc Stocks: 4 Biggest Canadian Companies in 2025