Top 5 Junior Gold Mining Stocks on the TSXV
Junior gold stocks are seeing heightened interest in 2026 despite volatility in the gold price, which reached a new record highs of nearly US$5,600 per ounce during the first quarter.
The yellow metal’s price action has been driven by numerous factors, including economic uncertainty related to US trade and tariff policy, the breakout of major conflicts in the Middle East, and questions over which direction US monetary policy is headed this year.
This perfect storm has led investors to look to safe-haven assets like gold as a hedge to provide greater stability to their portfolios.
What does this gold bull run mean for junior gold companies?
While it took some time for the high gold price to translate into share price gains for gold explorers, many have now seen significant gains. Below the Investing News Network profiles the five Canadian gold companies on the TSXV that are the best performers of 2026 so far by year-to-date share price gains.
Data for this article was retrieved on March 25, 2026, using TradingView’s stock screener, and only companies with market capitalizations greater than C$10 million at that time are included.
1. San Lorenzo Gold (TSXV:SLG)
Year-to-date gain: 216.47 percent
Market cap: C$217.04 million
Share price: C$2.69
San Lorenzo Gold is an exploration company working to advance its Salvadora project in the Chañaral province of Chile. The property covers an area of over 9,000 hectares, and hosts a large copper and gold porphyry system with several significant targets, including Cerro Blanco and Arco de Oro.
According to the project page, the site geology resembles that of the nearby Codelco-owned Salvador copper mine, which has operated since the early 1950s and is expected to continue until the mid-2060s following an expansion.
San Lorenzo finished 2025 as the year’s top performing TSXV gold stock after gaining over 1,000 percent from its open of C$0.08, spurred by discoveries at the Cerro Blanco target. The gold stock has continued its upward trajectory in 2026.
On January 26 of this year, the company released drill results from the first hole of its campaign on the Cerro Blanco porphyry target, which highlighted five sections of mineralization combining for over 222.4 meters. The longest interval was 132.2 meters and graded 1.09 grams per metric ton (g/t) gold.
While shares of San Lorenzo had been range bound around C$1.00 for much of January, they were boosted to C$2.11 the day of the release. By February 26, the stock’s value had climbed to a year-to-date high of C$3.70 per share following announcements of a fully subscribed, upsized private placement for gross proceeds of C$20 million.
In early March, San Lorenzo released further drill results from both the Arco de Oro and Cerro Blanco targets, with more to come from Arco de Oro in the months ahead. In addition, the company closed on the private placement, with plans to use the proceeds to help fund further exploration activities. The news flow…
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