5 Top TSX Stocks: Exchange Drops on Jobs Figures

Coro Mining topped last week's top 5 TSX stocks, followed by eCobalt Solutions, Euromax Resources, Paladin Energy and Atlatsa Resources.

a big day for biotech

The S&P/TSX Composite index (INDEXTSI:OSPTX) was down last week, dropping 0.24 percent to 14,566.26 points.

On Friday, the Toronto Star reported that the TSX and loonie were both down as a result of investors “appearing lukewarm” to the latest jobs figures.

All that being said, a number of stocks still saw weekly gains over the five-day period.

Companies that were up for the week included:

Here’s a look at those companies:

Coro Mining

Coro Mining is the first on last week’s top 5 TSX stocks, whose shares increased 15.38 percent to close the five-day period at $0.15.

The company notes that it is a new copper producer in Chile, with a number of operations and exploration and development projects, including: the SCM Berta Operation, the Marimaca Copper Oxide Deposit, the Planta Prat project and Liancahue copper project.

Coro Mining announced on October 4 results of a further seven reverse circulation on its Maricama Copper Oxide Deposit.

eCobalt Solutions

Up next is eCobalt Solutions who, through its wholly owned subsidiaries, has interests in base metals–including cobaltprecious metals, and uranium projects across North America.

The company’s latest news was announced on September 22, wherein it reported the feasibility study “maintains a critical path.”

Last week, shares of eCobalt Solutions increased 14.75 percent to reach $0.70.

Euromax Resources

Euromax Resources is focused on building and operating the Ilovica-Shtuka copper-gold project in Macedonia, and notes its excitement to be progressing a pipeline of gold and base metal assets, all at different developmental stages.

Shares of Euromax increased 9.09 percent last week to finish the five-day period at $0.60.

Paladin Energy

Paladin Energy is a uranium production company with assets in Australia and two mines in Africa. The company notes it has a strategy to become a “major uranium mining house.”

Shares of the company increased 6.67 percent last week, finishing the week at $0.16.

Atlatsa Resources

Last but not least on last week’s 5 top TSX stocks is Atlatsa Resources, whose shares increased 5 percent to $0.105. 

Atlatsa is a platinum group metals producing and exploration company and controls the Bokoni Platinum Mines. Furthermore, the company maintains a controlling interest in the Kwanda Projects.

Most recent news from Atlatsa came in August, when it announced the financial results for the three and six months ended  June 30, 2016.

Don’t forget to follow us @INN_Resource for real-time news updates.

Data for 5 Top TSX Stocks articles is retrieved each Friday after market close using The Globe and Mail’s market data filter. Only companies with a market capitalization greater than $50 million prior to the week’s gains are included. Companies within the mining and precious metals sectors are considered.

Securities Disclosure: I, Jocelyn Aspa, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: eCobalt Solutions is a client of the Investing News Network. This article is not paid for content.

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