Top Ranking Copper Stocks on the TSX in the Year 2025
In the tumultuous world of commodities, 2025 has been a banner year for copper, with prices reaching unprecedented highs and TSX-listed copper companies reaping the benefits. This surge can be attributed to U.S. President Donald Trump's announcement of a 50% tariff on copper imports, causing a historic price dislocation between U.S. and global copper markets.
The tariff, announced on July 8, 2025, sent copper prices on the COMEX soaring, with the price reaching a record high of US$5.68 per pound. This surge, up from the previous year's average of around US$3.00 per pound, created a substantial premium for U.S. copper prices over global prices, which reached a record 27% premium.
This unexpected boost significantly increased the stock prices of TSX-listed copper companies. For instance, Northern Dynasty Minerals (TSX: NDM) recorded a year-to-date gain of around 269%, with others like St. Augustine Gold and Copper and Imperial Metals also among the top performers.
One major TSX-listed player, Teck Resources, reported strong Q2 2025 results, highlighting increased copper sustaining capital expenditures and a large share buyback program funded by solid profits and cash flow. Although some segments experienced lower copper prices in Q2, overall profitability and shareholder returns remained strong due to the elevated copper price environment.
Meridian Mining (TSX:MNO) has also experienced significant growth, with a year-to-date gain of 100 percent, a market cap of C$270.83 million, and a share price of C$0.75. Meridian has been carrying out an extensive exploration program at the site, with the most recent results coming on July 9, when it reported significant copper grades.
St. Augustine Gold and Copper (TSX:SAU) has a year-to-date gain of 281.25 percent and a market cap of C$303.42 million. The latest preliminary economic assessment for the King-king copper-gold project an after-tax net present value of US$1.78 billion for the project, with a predicted mine life of 10.6 years and total life of mine production of 169,647 metric tons of copper.
Generation Mining (TSX:GENM) has a year-to-date gain of 124.24 percent and a market cap of C$95.21 million. Generation received the final construction permit and the final environmental permit, allowing it to begin construction at the site. The price of copper reached a record high of US$5.68 per pound on the COMEX on July 8, 2025, and Generation's share price reached a year-to-date high of C$0.44 on June 9.
Imperial Metals (TSX:III) has a year-to-date gain of 133.15 percent and a market cap of C$715.56 million. Shares in Meridian reached a year-to-date high of C$0.88 on June 12, and Meridian hired Ausenco Brazil as the lead engineer to complete a definitive feasibility study for Cabaçal, targeting the first half of 2026 for completion.
In conclusion, despite tariff-related risks, TSX-listed copper companies have strongly outperformed in 2025 driven by soaring copper prices and heightened market premiums induced by U.S. trade policies. These companies are poised to continue their growth trajectory as the copper market remains robust.
- The unexpected boost in copper prices due to tariffs has led to a surge in personal-finance gains for investors in the energy industry, with TSX-listed copper companies seeing significant increases in their stock prices.
- Businesses in the finance sector have benefited from the tariff-induced copper price surge, as they have facilitated the investing activities of individuals looking to capitalize on this growth in the industry.
- As the demand for copper continues to rise due to U.S. trade policies, businesses specializing in personal-finance advice and wealth management may find opportunities to help clients capitalize on investments in the energy sector, particularly in TSX-listed copper companies.
