Top 5 Canadian Mining Stocks This Week: Silver Elephant Leads with Rise of Over 60 Percent

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Welcome to the Investing News Network’s weekly look at the best-performing Canadian mining stocks on the TSX and TSXV, starting with a round-up of Canadian and US data impacting the resource sector.The S&P/TSX Venture Composite Index (INDEXTSI:JX) gained 2.71 points this week to close at 583.14. Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) was up 388.17 points to finish the period at 23,956.82.US personal consumption expenditures price index data came out on Friday (September 27), showing that the pace of inflation slowed, gaining just 0.1 percent on a monthly basis. That’s down from the 0.2 percent increase recorded in July. The numbers from the US Bureau of Economic Analysis show that year-on-year the increase came in at 2.2 percent, down from 2.5 percent the previous month and the lowest since February 2021, when it was 1.9 percent.The index is a favored inflationary measure of the US Federal Reserve when making…

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