Banyan Gold Corp. (TSXV: BYN, OTCQB: BYAGF)
The New Yukon Gold Rush - TARGETING 5 MILLION OZ. AT 1+ G/T
Currently, as global demand for precious metals, uranium, and rare earth materials continues to surge, the mining and critical minerals sector is attracting increasing attention. Against the backdrop of sustained government and industry investment in energy security, electrification, and infrastructure, companies in related fields are facing long-term opportunities. The following two Canadian stocks are expected to deliver considerable returns over the next five years.
Discovery Silver (TSX:DSV) has become one of the most compelling growth stories in Canada’s metals and mining sector. This Toronto-based company focuses on the acquisition, exploration, and development of mineral assets, with core assets including the Cordero silver project in Mexico and the Porcupine mining district in the Timmins region of Ontario.
DSV stock is currently trading at CAD 8.35 per share, with a market capitalization of approximately CAD 6.8 billion. Over the past year, the stock has risen more than 150%, reflecting growing investor confidence in its expansion plans and operational momentum. For the quarter ending March 2026, Discovery Silver reported a net profit of CAD 81.7 million, up from CAD 65.3 million in the previous quarter. The company’s quarterly EBITDA increased by 41% year-over-year, reaching CAD 177.9 million.
In addition to its recent strong performance, Discovery Silver continues to increase investment in its Porcupine assets while advancing its overall growth strategy. Its planned acquisition of Glencore’s Kidd operation is expected to serve as a key growth driver by enhancing processing capacity and creating operational synergies. The company’s long-term goal is to more than double its annual gold production to over 500,000 ounces. As of the end of March, Discovery Silver boasted strong liquidity of nearly CAD 635 million, providing financial security as it continues to pursue these ambitious objectives.
Another Canadian stock worth holding patiently is Energy Fuels (TSX:EFR). The company operates across multiple critical mineral markets, including uranium, rare earth elements, vanadium, heavy mineral sands, and medical isotopes. Over the past year, Energy Fuels’ stock price has soared nearly 230%, making it one of the best-performing stocks in the uranium and critical minerals sector. It is currently trading at CAD 25.45 per share, with a market capitalization of approximately CAD 6.4 billion.
Although the company reported a net loss of CAD 10.8 million in the first quarter, this represents a significant improvement from the CAD 26.3 million loss in the same period last year. More importantly, its operational momentum continues to strengthen: the quarter generated CAD 8.3 million in operating cash flow, driven by increased uranium revenue and reduced cash outflows related to reclamation. The company is also making substantial progress in its critical minerals business, recently producing terbium oxide on a pilot scale and announcing plans to acquire Australian Strategic Materials. Additionally, Energy Fuels is expanding the infrastructure at its White Mesa Mill to support future production of heavy rare earth oxides.
Conclusion: Discovery Silver and Energy Fuels are rooted in critical mineral sectors such as silver/gold and uranium/rare earths respectively, benefiting from long-term trends in global energy transition and resource security demand. Both companies have seen their stock prices rise by more than 150% over the past year, and each has clear expansion plans, improving financial metrics, and robust project pipelines. For investors with a five-year horizon, these two Canadian stocks are worth continued attention.
