Mining Stocks in Focus: January 2026

Let’s take a look at how three major mining stocks fared this January. The data here reflects the closing prices on the TSX, captured weekdays in Canadian dollars per share. It was a busy month for Barrick Gold, Teck Resources, and First Quantum Minerals, each carving out their own path through the market.

Barrick

Barrick started the month on a strong note, with the first available data point showing the stock at $60.52 on January 2nd. From there, it was largely an upward trend. The stock climbed steadily through the first few weeks, gathering momentum and hitting its stride mid-month. We saw the peak for January on the 28th, with Barrick closing at $71.86. However, the very last day of trading brought a sharp reversal. On January 30th, the price dropped significantly to close the month at $61.95.

Teck

Teck Resources had a notably bullish run throughout January. Opening at $65.57 on the 2nd, the stock experienced consistent growth. There were some minor dips along the way—like on the 13th and again around the 20th—but the overall trajectory was distinctly upward. Teck saved its best performance for the end of the month, hitting a high of $80.19 on January 29th. It pulled back slightly on the final day, but still managed to close at a robust $73.34.

First Quantum Minerals

First Quantum Minerals showed some resilience this month, bouncing back from an early dip. The stock opened at $37.29 on the 2nd, slid down to $38.15 on the 7th, but then spent the rest of the month climbing. It hit its first significant high of $41.35 mid-month on the 14th. After some fluctuation, it rallied again late in the month, topping out at $41.91 on the 27th. The closing days were a bit rockier, though, with the stock dropping back to $38.49 by the 30th.

The Raw Data

That covers the movement for these three mining players in January. It was a month defined by strong climbs and some late-month volatility. If you want to review the specific closing numbers for every trading day, you can find the complete dataset in the full raw data post for January.

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