Leading Copper Stocks among Junior Companies listed on TSXV in the year 2025
Headline: TSX Venture Exchange Copper Miners Face Short-Term Volatility Due to US Tariffs
The recent tariffs imposed by US President Donald Trump on copper products have caused increased volatility and downward pressure on some copper miners’ share prices, particularly small-cap copper-focused companies listed on exchanges like the TSX Venture Exchange.
The TSX Venture Exchange, home to many small-cap and junior copper miners, saw some copper-focused mining shares decline as copper prices slipped and the market digested the tariff news. Notable declines were seen in Hudbay Minerals and Capstone Copper, which fell by 3% and 2.5%, respectively.
However, the copper price spikes caused by tariff fears increased investor interest in copper miners more broadly, especially in other markets like the Australian Securities Exchange (ASX), where copper-focused stocks experienced renewed buying after tariffs were announced.
UBS analysis suggests that tariffs might boost domestic U.S. copper prices due to restricted imports, but the overall market is expected to remain undersupplied due to global supply bottlenecks, creating upward price pressure, which could benefit producers over time despite short-term stock volatility.
The tariffs pushed copper futures to record highs, which while theoretically beneficial to producers, produced volatility that likely weighed on smaller companies more dependent on trade stability and market access.
Among the companies affected, Amarc Resources, with a market cap of C$166 million and a share price of C$0.72, and Camino Minerals, with a market cap of C$13.5 million, have seen their year-to-date gains decrease due to the tariff-induced market volatility. Camino Minerals, which is involved in a 50/50 joint venture with Nittetsu Mining for the construction-ready Puquois copper project in Chile, has a year-to-date gain of 655.56 percent, but this figure has been impacted by the recent market fluctuations.
On a positive note, Finlay Minerals has a year-to-date gain of 425 percent and a market cap of C$15.84 million. The company has entered into an earn-in agreement with Freeport McMoRan for its PIL and ATTY projects in British Columbia, Canada.
King Copper Discovery, which has a year-to-date gain of 420 percent and a market cap of C$52.92 million, is focusing on its primary project, the Colquemayo project in Moquegua, Peru. The company entered into an option agreement with Compania de Minas Buenaventura to wholly acquire the property in July 2024.
In other news, Amarc Resources' exploration program was funded as part of a May 2021 earn-in agreement with Freeport McMoran. The company also announced it commenced drilling at targets including the AuRORA and PINE deposits and the Twins and Canyon discoveries on July 16. Insideo, a Lima-based environmental consulting firm, was hired to help advance baseline studies and the drill permit process.
Finally, the company rebranding from Turmalina to a new name was announced on March 11. CEO Roger James stepped down and was replaced by Jonathan Richards as interim CEO.
[1] TSX Venture copper miners feel the heat from Trump's tariffs [2] Copper miners surge on tariff fears [3] Copper Miners Face Short-Term Volatility Due to Trump's Tariffs [4] Trump's Tariffs Push Copper Futures to Record Highs, but Volatility Weighs on Smaller Companies [5] How Trump's Tariffs Could Impact Copper Mining Stocks
- The tariffs imposed by President Trump on copper products are causing short-term volatility and downward pressure on share prices of certain copper miners listed on exchanges like the TSX Venture Exchange, potentially impacting the overall industry.
- Despite the tariff-induced spikes in copper prices that have increased investor interest in broader copper mining, particularly in the Australian Securities Exchange (ASX), smaller companies associated with the TSX Venture Exchange are grappling with a significant degree of volatility, with some experiencing a decrease in year-to-date gains due to the tariff-related market fluctuations.
