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TSX & TSXV small caps leading the week — July 31, 2026

By Wealth Awesome -
Stocks & ETFs:XLY.TOBIG.VJEV.VOYL.VGSD.V

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This week, several small-cap stocks on the TSX and TSXV have made significant moves, with some showing remarkable momentum.

Here's a look at the small-cap stocks that have been leading the market this week. The following table summarizes the performance of these companies:

Company NameTickerPrice (CA$)Market Cap (CA$M)1D Change1W ChangeSector
Auxly Cannabis Group IncXLY.TO2.610276.5-3.33%+1350.00%Health Care
Hercules Metals Corp.BIG.V0.770202.3+30.51%+30.51%Materials
Jericho Oil CorpJEV.V0.24080.7+0.00%+29.73%Energy
CGX Energy Inc.OYL.V0.28581.3+18.75%+29.55%Energy
Devonian Health Group IncGSD.V9.25028.2+0.00%+23.33%Health Care
Quartz Mountain Resources LtdQZM.V0.40028.7+8.11%+23.08%Materials
Axo Copper CorpAXO.V0.850183.8+0.00%+21.43%
Alithya Group inc Class AALYA.TO1.190110.3+4.39%+21.43%Information Tech
P2 Gold IncPGLD.V1.020244.0+9.68%+20.00%Materials
Fredonia Mining IncFRED.V0.51030.5+8.51%+20.00%Materials
Yorbeau Resources IncYRB.TO0.06026.1+0.00%+20.00%Materials
Nordique Critical Metals Inc.NQC.V0.06030.1+9.09%+20.00%

Investor takeaway: This week has seen notable performances from small-cap stocks, particularly in the health care and materials sectors, with Auxly Cannabis Group leading the charge despite a daily decline.

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Auxly Cannabis Group's remarkable 1350% weekly gain.

Despite a daily drop, Auxly's weekly performance indicates substantial investor interest, making it a notable player in the health care sector.

Bull case

Auxly Cannabis Group has shown extraordinary weekly growth, suggesting strong investor interest and potential market momentum. Hercules Metals and Jericho Oil also present opportunities in their respective sectors.

Bear case

The volatility in small-cap stocks can lead to significant price swings, as seen with Auxly's daily decline. Investors should be cautious of potential corrections following rapid increases.

Auxly Cannabis Group Inc (XLY.TO)

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Auxly Cannabis Group has made headlines this week with a staggering 1350% increase in its stock price over the past week, despite a slight daily decline. This surge indicates a significant shift in market sentiment towards cannabis stocks, particularly as regulations evolve and consumer demand grows. Investors may be drawn to Auxly's innovative approach in the cannabis sector, which could lead to further growth opportunities.

Hercules Metals Corp. (BIG.V)

Hercules Metals has seen a solid 30.51% increase this week, reflecting positive market conditions for materials stocks. The company's focus on resource exploration positions it well within the growing demand for metals. As infrastructure projects continue to expand, Hercules could benefit from increased investments in the materials sector.

Jericho Oil Corp (JEV.V)

Jericho Oil has experienced a 29.73% increase over the past week, indicating strong interest in energy stocks. As global energy markets fluctuate, companies like Jericho that focus on oil exploration may find opportunities for growth. Investors might consider the potential for Jericho to capitalize on rising oil prices and increased energy demand.

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Wealth Awesome
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Wealth Awesome

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Published: July 31, 2026
Last Updated: July 31, 2026

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