10 Biggest Canadian Mining Companies
Canada is a country with vast mineral resources, and developing, mining and producing those resources is an important part of the Canadian economy. Canadian mining companies are leaders in the production of uranium, zinc, nickel, potash, asbestos, sulfur, cadmium, and titanium. They also produce significant amounts of iron ore, coal, petroleum, gold, copper, silver, lead, and other ferroalloys.
These are the 10 biggest Canadian mining companies by 12-month trailing (TTM) revenue. Some companies outside the U.S. report profits semi-annually instead of quarterly, so the 12-month trailing data may be older than it is for companies that report quarterly. This list is limited to companies which are publicly traded in the U.S. or Canada, either directly or through ADRs. Data is courtesy of YCharts.com. All dollar amounts are in Canadian dollars and all figures are as of April 7, 2021.
- Revenue (TTM): $28.2 billion
- Net Income (TTM): $643.3 million
- Market Cap: $40.0 billion
- 1-Year Trailing Total Return: 50.7%
- Exchange: Toronto Stock Exchange
Nutrien is a crop nutrient company that produces potash, nitrogen, and phosphate products for agricultural, industrial, and feed customers worldwide. The company distributes crop nutrients, crop protection products, seed, and merchandise, and provides agronomic services to growers. Nutrien’s stock also trades in the U.S. on the New York Stock Exchange (NYSE) under the ticker symbol NTR.
- Revenue (TTM): $16.9 billion
- Net Income (TTM): $3.1 billion
- Market Cap: $46.7 billion
- 1-Year Trailing Total Return: -8.4%
- Exchange: Toronto Stock Exchange
Barrick Gold is principally engaged in the production of gold and copper. It has exploration, development and mining operations and projects throughout North America, South America, and Africa, as well as in Papua New Guinea, and Saudi Arabia. Barrick’s stock trades in the U.S. on the NYSE under the ticker symbol GOLD.
- Revenue (TTM): $8.9 billion
- Net Income (TTM): -$864.0 million
- Market Cap: $13.5 billion
- 1-Year Trailing Total Return: 138.6%
- Exchange: Toronto Stock Exchange
Teck Resources is a diversified resource company engaged in the mining and development of mineral properties. Its business units are focused on copper, steelmaking coal and zinc, and energy. The company also provides lead, silver, molybdenum, and various other specialty and other metals, chemicals, and fertilizers. Its operations are located in Canada, Peru, Chile, and the U.S. Teck Resources’ stock trades in the U.S. on the NYSE under the ticker symbol TECK.
- Revenue (TTM): $6.9 billion
- Net Income (TTM): -$249.0 million
- Market Cap: $18.9 billion
- 1-Year Trailing Total Return: 319.1%
- Exchange: Toronto Stock Exchange
First Quantum Minerals is engaged in exploration, development, and mining. The company produces copper, nickel, gold, zinc, and cobalt. It has mining operations in Africa, Latin America, and Australia. First Quantum’s stock trades over the counter (OTC) in the U.S. under the ticker symbol FQVLF.
- Revenue (TTM): $5.6 billion
- Net Income (TTM): $1.8 billion
- Market Cap: $11.5 billion
- 1-Year Trailing Total Return: 28.8%
- Exchange: Toronto Stock Exchange
Kinross Gold is a gold mining company engaged in the production, acquisition, exploration, and development of gold properties. It produces gold and silver from its diverse portfolio of mines and projects in the U.S., Brazil, Chile, Ghana, Mauritania, and Russia. Kinross Gold’s stock trades publicly in the U.S. on the NYSE under the ticker symbol KGC.
- Revenue (TTM): $4.2 billion
- Net Income (TTM): $680.8 million
- Market Cap: $18.6 billion
- 1-Year Trailing Total Return: 20.2%
- Exchange: Toronto Stock Exchange
Agnico Eagle Mines is a gold mining company with operations in Canada, Finland, and Mexico. It also has exploration activities in each of those countries as well as the U.S. and Sweden. Agnico Eagle Mines’ stock trades publicly in the U.S. on the NYSE under the ticker symbol AEM.
- Revenue (TTM): $3.3 billion
- Net Income (TTM): $1.1 billion
- Market Cap: $11.9 billion
- 1-Year Trailing Total Return: -7.4%
- Exchange: Toronto Stock Exchange
Kirkland Lake Gold is a gold producer with assets in Canada and Australia. It engages in mining, development, and exploration. Kirkland Lake Gold’s stock trades publicly in the U.S. on the NYSE under the ticker symbol KL.
- Revenue (TTM): $2.7 billion
- Net Income (TTM): $222.3 million
- Market Cap: $10.3 billion
- 1-Year Trailing Total Return: 162.5%
- Exchange: Toronto Stock Exchange
Lundin Mining is a diversified base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the U.S. It engages in the mining, exploration, and development of mineral properties, primarily producing copper, zinc, gold, and nickel. Lundin Mining’s stock trades OTC in the U.S. under the ticker symbol LUNMF.
- Revenue (TTM): $2.4 billion
- Net Income (TTM): $838.9 million
- Market Cap: $6.0 billion
- 1-Year Trailing Total Return: 11.1%
- Exchange: Toronto Stock Exchange
B2Gold is a low-cost gold producer engaged in the acquisition and development of mineral properties. It operates gold mines, development and exploration projects in countries including Mali, the Philippines, Namibia, Colombia, Finland, Uzbekistan. B2Gold’s stock trades publicly in the U.S. on the small-cap focused NYSE American, formerly known as the American Stock Exchange (AMEX), under the ticker symbol BTG.
- Revenue (TTM): $2.3 billion
- Net Income (TTM): $536.7 million
- Market Cap: $3.4 billion
- 1-Year Trailing Total Return: 31.7%
- Exchange: Toronto Stock Exchange
Centerra Gold is a gold mining and exploration company. It engages in the operation, exploration, development, and acquisition of gold properties in North America, Asia, and other global markets. Centerra Gold’s stock trades OTC in the U.S. under the ticker symbol CAGDF.