Small-cap stocks generally outperform large-caps in bullish markets. The recent rally has not been different. The
TSX Composite Index is up almost 60%, while the TSX Small-cap Index has soared 107% since their respective March lows.
Here are two small-cap TSX stocks that still have some steam left.
Major Drilling International
Major Drilling International Group(TSX:MDI) stock has been a significant outperformer in 2020. It has soared 220% since its pandemic-lows and is currently trading at $7.5.
Major Drilling is a $600 million company that provides specialized drilling services to the mining industry. Specialized drilling includes deep-hole drilling, high altitude drilling, and directional drilling which makes new mineral reserve deposits approachable.