S&P/TSX SmallCap Index Sets New Record High in November Amidst Surging Gold and Silver Stocks

Wednesday, Dec 3, 2025 5:16 am ET1min read

The S&P/TSX SmallCap Index rallied 5.1% in November, reaching a record high, driven by strong performances in the materials, communication services, and energy sectors. The top 10 performers included Aris Mining Corp. and Allied Gold Corp. Historically, December has delivered mixed results but tilted to the upside, with the S&P/TSX Composite Index rallying in six of the past 10 years. Analysts' forecast returns and yields for all stocks in the S&P/TSX SmallCap Index are provided, grouped by sector and ranked according to expected price returns.

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