Gold mining dominates TSX top-performing stocks amid rotation to ‘certainty’

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TORONTO — The latest ranking of the Toronto Stock Exchange’s top-performing companies indicates investors were on the hunt for safe havens amid economic uncertainty.

The TSX 30 is an annual ranking of the top 30 best-performing stocks on Canada’s benchmark index based on dividend-adjusted share price performance across a three-year period.

The 2025 iteration of the list, released Tuesday, highlights three main themes — mining, AI and innovation, and industrials.

“What we’re seeing this year is that the Canadian markets are rewarding companies that really delivered certainty in very uncertain times,” said Loui Anastasopoulos, chief executive of the Toronto Stock Exchange.

He added that this year’s list represents a shift from previous years, when investors were more focused on growth investing with interest in areas like technology, electrification, critical minerals and more. In the current economic climate,…

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