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Investing

TSX & TSXV small caps leading the week — August 4, 2026

By Wealth Awesome -
Stocks & ETFs:XLY.TOTC.TOPJX.VXXIX.VBIG.V

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This week, several small-cap stocks on the TSX and TSXV have shown impressive momentum, with some seeing significant gains.

Here’s a look at the small-cap stocks making headlines this week. The following table summarizes their performance:

Company NameTickerPrice (CA$)Market Cap (CA$)1D Change1W ChangeSector
Auxly Cannabis Group IncXLY.TO2.620265.5M0.00%1355.56%Health Care
Tucows Inc.TC.TO21.730242.3M0.00%79.14%Information Technology
PJX Resources IncPJX.V0.25046.7M0.00%38.89%Materials
XXIX Metal Corp.XXIX.V0.15564.9M0.00%34.78%
Hercules Metals Corp.BIG.V0.810277.7M0.00%32.79%Materials
Premier American Uranium Inc.PUR.V0.56053.5M0.00%30.23%
Electric Metals (USA) LimitedEML.V0.20541.4M0.00%28.13%Materials
South Star Mining CorpSTS.V0.19527.4M0.00%25.81%Materials
Paragon Advanced Labs Inc.PALS.V2.950101.6M0.00%24.47%
Miata Metals Corp.MMET.V0.57060.3M0.00%23.91%
Barksdale Resources CorpBRO.V0.23548.4M0.00%23.68%Materials
Ni-Co Energy Inc.NICE.V0.46032.8M0.00%19.48%

Investor takeaway: The significant weekly gains for these small-cap stocks suggest a potential shift in market sentiment, especially in sectors like health care and materials. Keep an eye on these stocks for further developments.

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Auxly Cannabis Group Inc (XLY.TO) leads with a staggering 1355.56% increase over the week.

This remarkable surge in XLY.TO's stock price shows how quickly investor sentiment and market conditions can change for small-cap stocks.

Bull case

XLY.TO has experienced extraordinary growth, fueled by rising interest in cannabis products. Tucows Inc. (TC.TO) has also performed well, showcasing its strong position in the thriving tech sector. The materials sector, including PJX Resources Inc. (PJX.V) and Hercules Metals Corp. (BIG.V), is gaining traction as commodity prices fluctuate.

Bear case

Despite these impressive gains, small-cap stocks can be volatile. XLY.TO's rapid rise may not last, and TC.TO could struggle to maintain its momentum. The materials sector's performance is closely tied to global economic conditions, which can be unpredictable.

Auxly Cannabis Group Inc (XLY.TO)

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Auxly Cannabis Group Inc has seen an unprecedented surge in its stock price, gaining over 1355% this week. This growth is linked to increased interest in the cannabis sector, especially as regulations evolve and consumer demand rises. Investors are closely watching how this momentum will affect the company's future performance and market position.

Tucows Inc. (TC.TO)

Tucows Inc. has enjoyed a strong weekly gain of 79.14%, highlighting its solid position in the information technology sector. As a provider of internet services and domain registration, Tucows is benefiting from the ongoing digital transformation. This performance underscores the tech sector's resilience amid market fluctuations.

Materials Sector Highlights

The materials sector is represented by companies like PJX Resources Inc (PJX.V) and Hercules Metals Corp (BIG.V), both of which have shown solid weekly gains of 38.89% and 32.79%, respectively. This uptick indicates a growing interest in resource extraction and mining, driven by fluctuating commodity prices and increasing global demand.

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Wealth Awesome
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Wealth Awesome

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Published: August 4, 2026
Last Updated: August 4, 2026

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