The S&P/TSX Composite index (INDEXTSI:OSPTX) was down last week by 1.78 percent to 14,539.88 points
However, number of stocks still managed to make gains over the week.
Companies that were up for the week included:
- Osisko Mining (TSX:OSK)
- Arizona Mining (TSX:AZ)
- Wellgreen Platinum (TSX:WG)
- Alamos Gold (TSX:AGI)
- Royal Nickel (TSX:RNX)
Here’s a look at those companies:
Topping last week’s TSX list is Osisko Mining, whose shares rose 33.33 percent to $2.96.
The company is a mineral exploration company focused on the acquisition, exploration and development of precious metal resource properties in Canada. On September 9, the company announced a $27.5 million bought deal financing.
Second on the list is Arizona Mining, a mineral exploration and development company focused on exploring and developing its 100 percent owned Hermosa Project in Arizona, as well as the Taylor Deposit, which is a lead–zinc–silver carbonate replacement deposit.
On September 8, the company announced its results of HDS_361 from its current program targeting the expansion of the Taylor sulfide deposit located on the Hermosa Project.
Last week, shares of Arizona Mining increased 17.82 percent to close the week at $2.38.
Shares of Wellgreen Platinum increased 13.04 percent last week to reach $0.52.
Wellgreen Platinum is focused on advancing its 100 percent owned Wellgreen platinum and nickel project in the Yukon. The company has not released any news since August 15, wherein it announced the appointment of Joe Romagnolo as CFO.
Next is Alamos Gold, a gold producer with production from three operating mines: the Young-Davidson Mine in Ontario and the Mulatos and El Chanate Mines in Mexico.
The company is reportedly expected to launch a feasibility study for the Lynn Lake project, with a completion date by September 30, 2017.
Last week, shares of Alamos Gold increased 3.22 percent to $10.25.
Last but not least on the TSX top 5 is Royal Nickel, whose shares increased 2.7 percent to $0.38.
The company’s principal assets are the Beta Hunt gold and nickel mine in Western Australia, and the Dumont Nickel Project in Quebec. Royal Nickel also has a 30 percent interest in the producing Reed Mine in Manitoba.
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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.