TSX & TSXV small caps leading the week — August 21, 2026

This week, several small-cap stocks on the TSX and TSXV have shown impressive momentum, especially in the materials sector.

Here’s a look at the top small-cap movers this week, highlighting their performance and market caps. These companies are making a splash in their industries:

Investor takeaway: Keep an eye on these small-cap stocks, especially in the materials sector. Their significant price movements and market caps might signal growing interest and potential for future growth.

Avalon Advanced Materials Leads with a 125.62% Weekly Increase

Avalon Advanced Materials has seen a remarkable surge in its stock price, climbing by 125.62% over the past week. With a market cap of CA$27.4 million, the company focuses on developing advanced materials, particularly in lithium and rare earth elements. This recent price movement suggests increased investor interest, likely driven by developments in the electric vehicle and renewable energy markets.

CANEX Metals Inc (CANX.V)

CANEX Metals has also performed well, with a weekly increase of 59.09%. This company specializes in gold and silver exploration in Canada and has a market cap of CA$71.7 million. The recent uptick in stock price may reflect positive sentiment surrounding precious metals in today’s economic climate.

Devonian Health Group Inc (GSD.V)

In the health care sector, Devonian Health Group has gained attention with an 18.81% increase in its stock price over the last week. The company focuses on developing innovative health solutions and has a market cap of CA$31 million. This growth may indicate rising interest in health care innovations and the potential for new product developments.