Canadian Companies with Highest Profit Margins — Materials
Net profit margin ranking for TSX and TSXV companies.
Updated November 11, 2026154 companiesTotal market cap $1414.3B
Showing 154 companies (CDRs hidden)
| Rank | Company | Symbol | Market Cap | Revenue (TTM) | Profit Margin |
|---|---|---|---|---|---|
| 1 | Azimut Exploration Inc. | AZM:V | $42M | $331,075 | 2794.99% |
| 2 | Sailfish Royalty Corp | FISH:V | $548M | $5M | 2648.56% |
| 3 | Global Atomic Corp | GLO:TO | $202M | $996,954 | 759.08% |
| 4 | Altius Minerals Corporation | ALS:TO | $3.0B | $77M | 388.80% |
| 5 | Val-d'Or Mining Corporation | VZZ:V | $16M | $564,465 | 312.66% |
| 6 | Globex Mining Enterprises Inc. | GMX:TO | $127M | $3M | 312.40% |
| 7 | Yorbeau Resources Inc | YRB:TO | $21M | $96,201 | 186.23% |
| 8 | Vox Royalty Corp. | VOXR:TO | $511M | $33M | 144.32% |
| 9 | Vox Royalty Corp. Common Stock | VOXR:US | $342M | $33M | 144.32% |
| 10 | Almonty Industries Inc. Common Shares | ALM:US | $2.3B | $86M | 125.23% |
| 11 | Namib Minerals Ordinary Shares | NAMM:US | $45M | $97M | 111.54% |
| 12 | Chibougamau Independent Mines Inc | CBG:V | $19M | $349,711 | 107.88% |
| 13 | Largo Physical Vanadium Corp | VAND:V | $10M | $3M | 90.53% |
| 14 | Olive Resource Capital Inc | OC:V | $15M | $12M | 83.07% |
| 15 | Triple Flag Precious Metals Corp | TFPM:TO | $9.2B | $502M | 82.56% |
| 16 | Orogen Royalties Inc | OGN:V | $249M | $12M | 79.54% |
| 17 | OR Royalties Inc. | OR:TO | $9.6B | $363M | 78.04% |
| 18 | Palisades Goldcorp Ltd. | PALI:V | $295M | $124M | 75.88% |
| 19 | Ecora Resources plc | ECOR:TO | $698M | $72M | 69.39% |
| 20 | Franco-Nevada Corporation | FNV:TO | $69.5B | $2.3B | 64.23% |
| 21 | Thor Explorations Ltd. | THX:V | $653M | $331M | 62.18% |
| 22 | Wheaton Precious Metals Corp | WPM:TO | $87.3B | $3.5B | 60.39% |
| 23 | Acadian Timber Corp | ADN:TO | $326M | $84M | 58.22% |
| 24 | New Gold Inc | NGD:TO | $9.6B | $1.5B | 58.12% |
| 25 | DPM Metals Inc. | DPM:TO | $12.7B | $1.3B | 50.26% |
| 26 | Versamet Royalties Corporation Common Stock | VMET:US | $994M | $74M | 49.92% |
| 27 | Royal Gold Inc | RGLD:US | $23.9B | $1.7B | 47.99% |
| 28 | Labrador Iron Ore Royalty Corp | LIF:TO | $1.4B | $150M | 47.56% |
| 29 | China Gold International Resources | CGG:TO | $12.9B | $1.6B | 47.08% |
| 30 | Alamos Gold Inc | AGI:TO | $19.2B | $2.3B | 46.66% |
| 31 | Lundin Gold Inc | LUG:TO | $24.4B | $2.2B | 46.32% |
| 32 | K92 Mining Inc | KNT:TO | $6.8B | $796M | 45.48% |
| 33 | GoGold Resources Inc. | GGD:TO | $1.5B | $107M | 43.37% |
| 34 | Monument Mining Limited | MMY:V | $246M | $166M | 41.51% |
| 35 | Agnico Eagle Mines Limited | AEM:TO | $143.2B | $15.0B | 41.01% |
| 36 | Artemis Gold Inc | ARTG:V | $9.6B | $1.4B | 40.74% |
| 37 | Heliostar Metals Ltd | HSTR:V | $716M | $183M | 38.57% |
| 38 | Wesdome Gold Mines Ltd. | WDO:TO | $4.3B | $1.1B | 38.01% |
| 39 | Kinross Gold Corp | K:TO | $36.9B | $8.4B | 37.63% |
| 40 | OceanaGold Corporation | OGC:TO | $9.1B | $2.7B | 36.58% |
| 41 | Pan American Silver Corp | PAAS:TO | $24.0B | $4.5B | 35.16% |
| 42 | United States Lime & Minerals Inc | USLM:US | $3.4B | $381M | 35.08% |
| 43 | Empress Royalty Corp | EMPR:V | $122M | $28M | 34.88% |
| 44 | IAMGold Corporation | IMG:TO | $15.8B | $3.8B | 34.29% |
| 45 | Golconda Gold Ltd. | GG:V | $236M | $45M | 33.82% |
| 46 | Serabi Gold PLC | SBI:TO | $274M | $193M | 33.67% |
| 47 | Avino Silver & Gold Mines Ltd | ASM:TO | $1.2B | $130M | 33.33% |
| 48 | Lundin Mining Corporation | LUN:TO | $25.2B | $4.8B | 32.97% |
| 49 | Torex Gold Resources Inc | TXG:TO | $6.0B | $1.8B | 32.96% |
| 50 | Aya Gold & Silver Inc | AYA:TO | $5.2B | $344M | 32.79% |
| 51 | Aya Gold & Silver Inc. Common Shares | AYA:US | $3.7B | $344M | 32.79% |
| 52 | McEwen Mining Inc. | MUX:TO | $1.4B | $248M | 32.46% |
| 53 | Ero Copper Corp | ERO:TO | $4.6B | $1.2B | 32.21% |
| 54 | Austral Gold Ltd | AGLD:V | $87M | $99M | 31.74% |
| 55 | Eldorado Gold Corp | ELD:TO | $13.8B | $2.1B | 31.67% |
| 56 | Barrick Gold Corp | ABX:TO | $98.4B | $20.7B | 31.60% |
| 57 | B2Gold Corp | BTO:TO | $10.6B | $3.8B | 31.18% |
| 58 | Aura Minerals Inc. Common Shares | AUGO:US | $7.3B | $1.4B | 30.01% |
| 59 | Agree Realty Corporation | ADC-PA:US | - | $810M | 29.75% |
| 60 | Century Aluminum Company | CENX:US | $3.6B | $3.0B | 29.68% |
| 61 | Perseus Mining Ltd | PRU:TO | $8.6B | $1.5B | 28.86% |
| 62 | Equinox Gold Corp | EQX:TO | $19.9B | $2.9B | 28.09% |
| 63 | HudBay Minerals Inc | HBM:TO | $13.1B | $2.5B | 27.48% |
| 64 | Alphamin Res | AFM:V | $1.6B | $849M | 25.94% |
| 65 | Almadex Minerals Ltd | DEX:V | $21M | $4M | 25.50% |
| 66 | Teck Resources Limited | TECK-A:TO | $41.9B | $15.1B | 25.19% |
| 67 | Teck Resources Limited | TECK-B:TO | $41.9B | $15.1B | 25.19% |
| 68 | Mako Mining Corp Common Stock | MAKO:US | $704M | $209M | 25.11% |
| 69 | Mako Mining Corp | MKO:V | $1.0B | $209M | 25.11% |
| 70 | Fortuna Silver Mines Inc | FVI:TO | $4.2B | $1.2B | 24.70% |
| 71 | Sierra Madre Gold and Silver Ltd | SM:V | $358M | $33M | 24.25% |
| 72 | Amerigo Resources Ltd. | ARG:TO | $1.3B | $308M | 23.90% |
| 73 | Aris Mining Corporation | ARIS:TO | $4.6B | $1.3B | 23.68% |
| 74 | Centerra Gold Inc | CG:TO | $6.3B | $1.8B | 23.67% |
| 75 | First Majestic Silver Corp | AG:TO | $10.5B | $1.8B | 22.58% |
| 76 | Discovery Silver Corp. | DSV:TO | $9.5B | $1.1B | 21.66% |
| 77 | Ivanhoe Mines Ltd. | IVN:TO | $11.8B | $720M | 21.53% |
| 78 | Elevra Lithium Limited | ELVR:US | $497M | $202M | 21.33% |
| 79 | Starcore International Mines Ltd | SAM:TO | $31M | $46M | 19.79% |
| 80 | Orla Mining Ltd | OLA:TO | $5.1B | $1.3B | 19.45% |
| 81 | Linde plc Ordinary Shares | LIN:US | $238.9B | $36.2B | 19.34% |
| 82 | Mineros SA | MSA:TO | $2.9B | $1.0B | 19.33% |
| 83 | Orezone Gold Corp | ORE:TO | $2.0B | $657M | 17.93% |
| 84 | Endeavour Mining Corp | EDV:TO | $19.5B | $4.8B | 17.67% |
| 85 | One and One Green Technologies. Inc Class A Ordinary Shares | YDDL:US | $59M | $71M | 17.56% |
| 86 | Geomega Resources Inc | GMA:V | $33M | $2M | 17.15% |
| 87 | Imperial Metals Corporation | III:TO | $1.1B | $660M | 16.39% |
| 88 | Balchem Corporation | BCPC:US | $5.6B | $1.1B | 15.41% |
| 89 | Galiano Gold Inc | GAU:TO | $916M | $531M | 13.71% |
| 90 | SSR Mining Inc | SSRM:US | $5.7B | $2.0B | 12.64% |
| 91 | SSR Mining Inc | SSRM:TO | $8.0B | $2.0B | 12.64% |
| 92 | Orvana Minerals Corp. | ORV:TO | $209M | $156M | 12.13% |
| 93 | Transcontinental Inc | TCL-A:TO | $464M | $2.7B | 12.11% |
| 94 | Transcontinental Inc | TCL-B:TO | $557M | $2.7B | 12.11% |
| 95 | 5N Plus Inc. | VNP:TO | $3.2B | $479M | 11.99% |
| 96 | Steppe Gold Ltd | STGO:TO | $392M | $304M | 11.88% |
| 97 | Capstone Mining Corp | CS:TO | $9.0B | $2.8B | 11.68% |
| 98 | Winpak Ltd. | WPK:TO | $2.6B | $1.2B | 11.60% |
| 99 | Eagle Plains Resources Ltd. | EPL:V | $19M | $21M | 11.14% |
| 100 | CCL Industries Inc | CCL-B:TO | $16.8B | $7.9B | 10.27% |
| 101 | CCL Industries Inc | CCL-A:TO | $16.9B | $7.9B | 10.27% |
| 102 | West Red Lake Gold Mines Ltd. | WRLG:V | $236M | $168M | 10.14% |
| 103 | Santacruz Silver Mining Ltd. | SCZ:V | $1.2B | $424M | 9.98% |
| 104 | Santacruz Silver Mining Ltd. Common Shares | SCZM:US | $699M | $424M | 9.98% |
| 105 | Silvercorp Metals Inc | SVM:TO | $3.0B | $484M | 9.94% |
| 106 | Hongli Group Inc. Ordinary Shares | HLP:US | $271M | $20M | 9.91% |
| 107 | Lucara Diamond Corp | LUC:TO | $179M | $148M | 9.90% |
| 108 | Fab-Form Industries Ltd. | FBF:V | $10M | $4M | 9.39% |
| 109 | Endeavour Silver Corp. | EDR:TO | $3.5B | $737M | 8.91% |
| 110 | Itafos Corp | IFOS:V | $319M | $582M | 8.86% |
| 111 | Steel Dynamics Inc | STLD:US | $31.7B | $22.2B | 8.82% |
| 112 | Smith-Midland Corp | SMID:US | $139M | $89M | 8.64% |
| 113 | Nutrien Ltd | NTR:TO | $48.4B | $27.4B | 8.04% |
| 114 | Lion One Metals Limited | LIO:V | $56M | $77M | 7.78% |
| 115 | Solstice Advanced Materials, Inc | SOLS:US | $10.0B | $4.2B | 7.77% |
| 116 | Methanex Corporation | MEOH:US | $5.1B | $4.7B | 7.63% |
| 117 | Methanex Corporation | MX:TO | $7.3B | $4.7B | 7.63% |
| 118 | Canaf Investments Inc | CAF:V | $17M | $25M | 7.54% |
| 119 | Hawkins Inc | HWKN:US | $3.2B | $1.1B | 7.53% |
| 120 | Jaguar Mining Inc | JAG:TO | $475M | $168M | 7.49% |
| 121 | Innospec Inc | IOSP:US | $2.0B | $1.9B | 7.49% |
| 122 | IMPACT Silver Corp. | IPT:V | $77M | $81M | 7.37% |
| 123 | Silver X Mining Corp | AGX:V | $206M | $45M | 7.31% |
| 124 | Chemtrade Logistics Income Fund | CHE-UN:TO | $1.7B | $2.1B | 7.04% |
| 125 | Majestic Gold Corp. | MJS:V | $114M | $99M | 6.93% |
| 126 | Taseko Mines Ltd | TKO:TO | $3.9B | $1.2B | 6.69% |
| 127 | Benchmark Metals Inc | CEI:V | $419M | $60M | 6.42% |
| 128 | Stella-Jones Inc. | SJ:TO | $3.6B | $3.5B | 6.27% |
| 129 | Battery Mineral Resources Corp | BMR:V | $69M | $86M | 6.18% |
| 130 | Westbond Enterprises Corp | WBE:V | $8M | $12M | 5.82% |
| 131 | Richards Packaging Income Fund | RPI-UN:TO | $347M | $424M | 5.28% |
| 132 | Kaiser Aluminum Corporation | KALU:US | $1.7B | $4.5B | 4.85% |
| 133 | Friedman Industries Inc. Common Stock | FRD:US | $259M | $887M | 4.59% |
| 134 | Minera Alamos Inc | MAI:V | $590M | $73M | 4.51% |
| 135 | Supremex Inc. | SXP:TO | $83M | $285M | 4.27% |
| 136 | Integra Resources Corp | ITR:V | $635M | $258M | 4.14% |
| 137 | Elemental Royalties Corp | ELE:V | $1.7B | $44M | 4.06% |
| 138 | Elemental Royalty Corporation | ELE:US | $1.3B | $71M | 4.01% |
| 139 | Dynacor Gold Mines Inc. | DNG:TO | $228M | $536M | 3.94% |
| 140 | Foraco International SA | FAR:TO | $231M | $300M | 3.79% |
| 141 | Talon Metals Corp | TLO:TO | $1.2B | $98M | 2.77% |
| 142 | International Parkside Products Inc | IPD:V | $1M | $3M | 2.75% |
| 143 | Major Drilling Group International | MDI:TO | $1.3B | $940M | 2.74% |
| 144 | First Quantum Minerals Ltd | FM:TO | $27.3B | $6.5B | 2.65% |
| 145 | Cascades Inc. | CAS:TO | $1.7B | $4.8B | 2.64% |
| 146 | Progressive Planet Solutions Inc | PLAN:V | $34M | $25M | 2.23% |
| 147 | Cerrado Gold Corp | CERT:V | $303M | $206M | 2.21% |
| 148 | Ferroglobe PLC | GSM:US | $477M | $1.4B | 2.13% |
| 149 | Taiga Building Products Ltd. | TBL:TO | $397M | $1.6B | 1.86% |
| 150 | Imaflex Inc | IFX:V | $122M | $108M | 1.24% |
| 151 | Goodfellow Inc. | GDL:TO | $92M | $534M | 0.82% |
| 152 | International Zeolite Corp | IZ:V | $0M | $1M | 0.40% |
| 153 | Luca Mining Corp. | LUCA:V | $289M | $212M | 0.36% |
| 154 | Neo Performance Materials Inc | NEO:TO | $1.2B | $603M | 0.26% |
Frequently Asked Questions
Which Canadian company ranks #1 by profit margin in Materials?
As of November 11, 2026, Azimut Exploration Inc. (AZM:V) ranks #1 in Materials at 2794.99%.
How often is this ranking updated?
The table is rebuilt from live fundamentals throughout the day. This page currently shows data as of November 11, 2026.
How many companies are in this profit margin list?
This view shows 154 Canadian listings in Materials. Canadian Depositary Receipts are hidden by default.
What is the difference between TSX and TSXV?
The Toronto Stock Exchange (TSX) lists larger established companies. The TSX Venture Exchange (TSXV) lists earlier-stage companies. Use the exchange filter to separate them.
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