5 Top Weekly TSXV Stocks: Gold Stocks Up

The top gaining TSXV stock last week was Confederation Minerals followed by Golden Predator, Encanto Potash, Giyani Gold and Galway Gold.

weekly TSXV stocks

On Friday markets were expectant as the incoming US President Trump took office, with the S&P/TSX Venture Composite Index (INDEXTSI:JX) closing the week up by 0.44 percent to 797.59 points.

In his speech, Trump said January 20,2017 will be remembered as the day the people became rulers of the US again. His comments fueled investors concerns about potential protectionist trade policies.

Despite this, many stocks were on the rise last week, with gains as high as over 41 percent over the five-day period.

In particular, gold and other precious metals had some of the top-gaining stocks.

The top five stocks for the week were:

Confederation Minerals (TSXV:CFM)

Golden Predator Mining (TSXV:GPY)

Encanto Potash (TSXV:EPO)

Giyani Gold (TSXV:WDG)

Galway Gold (TSXV:GLW)

Here’s a closer look at those companies:

Confederation Minerals

Confederation Minerals is engaged in the business of acquisition, exploration and development of mineral properties. Its objective is to locate and develop economic precious and base metals properties of merit.

The company owns 70 percent of the Newman Todd project in the Red Lake Mining District of Northern Ontario, as well as 100 percent in another property in the Red Lake Mining District of Ontario.

Over the five-day period, shares of Confederation Minerals saw an increase of over 41 percent to reach $0.82.

Golden Predator Mining

Golden Predator Mining is a gold mineral exploration company expanding surface discoveries at its 3 Aces project in Canada’s Yukon, through focused drilling. The 3 Aces property is a high-grade gold in quartz project with an exploration program underway. The Company also holds the Brewery Creek project in Canada’s Yukon.

The company recently released assay results for the first 13 holes of a total of 54 holes completed in the winter 2016 drill program at the 3 Aces project. Drilling has demonstrated an extension of high grade gold at the Ace of Spades zone as well as the discovery of a blind vein and the occurrence of significant assay values in stockwork zones.

Last week, shares of Golden Predator Mining saw a 39.44 percent increase to reach $0.99.

Encanto Potash

Next on the top weekly TSXV stocks is Encanto Potash,, that has a 100 percent interest in the Muskowekwan Potash Project underlying 61,400 acres. Encanto and its Muskowekwan First Nations partner (MFN) have developed a substantial project on the MFN Reserve lands located in Saskatchewan. The project contains 162.0 million tonnes of recoverable KCI Proven and Probable Reserves.

The company does not have any news regarding its share price increase, but has recently announced an agreement worth $1 billion per year with India’s national farmers co-operative to supply a minimum of 5 million tonnes of potash per year for the next twenty years.

Giyani Gold

Giyani Gold is engaged in the acquisition, exploration, evaluation and development of principally gold resource properties in South Africa and Canada. The Company’s segments include Canoe, South Africa Mining and Corporate and its projects include Hamlin-Deaty Creek Property, Coldstream Property and Kerrs Property.

Last week, shares of the company increased 36.11 percent to reach $0.49.

Galway Gold

Galway Gold is a mineral exploration company. Through its wholly owned Colombian subsidiary, Galway Gold holds an option to acquire a 100 percent interest in the Reina de Oro gold concession, home of the El Volcan Mine, in the Vetas gold district of Colombia. El Volcan, which has been in operation for over 400 years and is still operating today, is the largest mine in the Vetas-California-Surata region of Colombia.

Shares of Galway Gold closed the week out at $0.12–a 26.32 percent increase over the week.

Data for 5 Top TSXV 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 $10 million prior to the week’s gains are included. Companies within the mining and precious metals sectors are considered.

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

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

Editorial Disclosure: Golden Predator Mining is a client of the Investing News Network. This article is not paid-for content.

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This article is updated each week. Please scroll to the top for the most recent information.

After a week surrounded by uncertainty supported by US President-elect’s first press conference, the S&P/TSX Venture Composite Index (INDEXTSI:JX) ended Friday almost neutral, increasing 0.02 percent to 794.54 points.

“When Mr. Trump makes a comment about a specific company, a sector, whatever it may be, he moves markets,” said Allan Small, a senior investment advisor at HollisWealth. “We should expect this (volatility) more often heading into 2017.”

Despite this, many stocks were on the rise last week, with gains as high as over 78 percent over the five-day period.

In particular, base metals had some of the top-gaining stocks.

The top five stocks for the week were:

Azarga Metals (TSXV:AZR)

Augyva Mining Resources (TSXV:AUV)

Explor Resources (TSXV:EXS)

Leading Edge Materials (TSXV:LEM)

Plateau Uranium (TSXV:PLU)

Here’s a closer look at those companies:

Azarga Metals

Azarga Metals Corp. is a mineral exploration and development company that owns 60 percent of the Unkur Copper-Silver Project in the Zabaikalsky province in eastern Russia. Sediment-hosted copper and silver mineralization has been identified across the 5,390 hectare project license area, in outcrops, trenches and by historical diamond drilling. The company recently announced that it intersected significant mineralization and that it will further expand their drilling program.

Over the five-day period, shares of Azarga Metals saw an increase of over 78 percent to reach $0.375.

Augyva Mining Resources

Augyva Mining Resources Inc. is an exploration-stage company engaged in the exploration of mineral properties in Canada.The company has a 35 percent interest in the Duncan Lake Iron Property located in Quebec, which is a joint venture with Canadian Century Iron Ore Corporation. Despite this, it has recently announced its intention to pursue a change of business to an investment issuer focused on the auto retail sector.

Last week, shares of Ressources Minieres Augyva saw a 71.43 percent increase to reach $0.18.

Explor Resources

Next on the top weekly TSXV stocks is Explor Resources, a gold and base metals exploration company with mineral holdings in the Abitibi Greenstone Belt of Ontario and Quebec, and Base metal in New Brunswick. According to the company, the Abitibi has produced more than 180 M ounces of gold and more than 450 Mt of Cu-Zn ore to date. Explor’s total land position in the Abitibi Greenstone Belt is approximately 25,000 hectares and it also owns 6,500 hectares of mining claims in New Brunswick.

The company does not have any news regarding its share price increase, but it has recently announced that it has intersected multiple copper zones in the Chester copper property.

Leading Edge Materials

Leading Edge Materials, formerly Flinders Resources, is engaged in the operation of its Woxna Graphite Mine located in central Sweden, which features a fully-permitted project currently in production-ready status.The second key asset is the Norra Karr Rare Earth Element (REE) deposit in southern Sweden.

The company has recently received confirmation of a 25-year extension on the Woxna exploitation licence and it has submitted an application to undertake drilling at the company’s 100 percent owned Bergby project, where it has discovered lithium mineralization in outcrop.

Last week, shares of the company increased 46.67 percent to reach $0.11.

Plateau Uranium

Last but not least on the 5 top weekly TSXV stocks is Plateau Uranium, an uranium exploration and development company focused on its properties on the Macusani Plateau in southeastern Peru. The company controls all reported uranium resources known in Peru, significant and growing lithium resources and mineral concessions covering over 91,000 hectares (910 km2) situated near significant infrastructure.

Plateau Uranium has recently announced commencement of the initial drill program at the high-grade Pinocho uranium occurrence, an extension of the Kihitian Complex uranium deposits on the company’s Macusani Plateau uranium project in southeastern Peru. Shares of Plateau Uranium closed the week out at $0.43–a 40.32 percent increase over the week.

Data for 5 Top TSXV 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 $10 million prior to the week’s gains are included. Companies within the mining and precious metals sectors are considered.

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

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

Editorial Disclosure: Leading Edge Materials and Plateau Uranium are clients of the Investing News Network. This article is not paid-for content.

Connect with our Featured Silver Stocks to receive the latest news and investor presentations.


This article is updated each week. Please scroll to the top for the most recent information.

In the first week of the year, the S&P/TSX Venture Composite Index (INDEXTSI:JX) was up, increasing 8.71 percent to 791.44 points.

A number of stocks were on the rise last week, with gains as high as over 61 percent over the five-day period.

In particular, gold and uranium industries had some of the top-gaining stocks.

The top five stocks for the week were:

Galway Gold (TSXV:GLW)

GoviEx Uranium (TSXV:GXU)

Encanto Potash (TSXV:EPO)

Kivalliq Energy (TSXV:KIV)

American Cumo Mining (TSXV:MLY)

Here’s a closer look at those companies:

Galway Gold

Galway Gold operates through the acquisition, exploration and development of mineral resource properties in the Colombia segment. The company holds an option to acquire a 100 percent interest in the Reina de Oro gold concession, home of the El Volcan Mine, in the Vetas gold district of Colombia. El Volcan, which has been in operation for over 400 years and is still operating today, is the largest mine in the Vetas-California-Surata region of Colombia.

Over the five-day period, shares of Galway Gold saw an increase of over 61 percent to reach $0.10.

GoviEx Uranium

GoviEx is a mineral resource company focused on the exploration and development of its African uranium properties. GoviEx continues the exploration and development of its Mine Permitted Madaouela Project in Niger and its Mine Permitted Mutanga Project in Zambia and Falea Project in Mali.

Last week, shares of GoviEx Uranium saw a 57.69 percent increase to reach $0.20.

Encanto Potash

Encanto Potash has a 100 percent interest in the Muskowekwan Potash Project underlying 61,400 acres. Encanto and its Muskowekwan First Nations partner (MFN) have developed a substantial project on the MFN Reserve lands located in Saskatchewan. The project contains 162.0 million tonnes of recoverable KCI Proven and Probable Reserves.

The company does not have any news regarding its share price increase, but it has recently announced an offtake agreement for five million tonnes per year for a minimum of 20 years with an Indian co-op, which represents farmers in 25 states across the Asian nation.

Kivalliq Energy

Kivalliq Energy has a portfolio of high-quality uranium exploration projects that include Canada’s highest-grade uranium resource outside of Saskatchewan. The Company’s flagship project, the 89,852 hectare Angilak Property in Nunavut Territory, hosts the Lac 50 Trend with a NI 43-101 Inferred Resource of 2,831,000 tonnes.

Kivalliq Energy recently announced results from its summer exploration at the Yat and Dipole target areas, that confirmed high grade precious metal and uranium values.

Last week, shares of the company increased 31.58 percent to reach $0.12.

American CuMo Mining

Last but not least on the 5 top gaining TSXV stocks for the five-day period is American CuMo Mining. The company is a resource exploration and development company focused on establishing itself as a low-cost, top-tier molybdenum producer. American CuMo is advancing its wholly-owned CuMo Project towards feasibility.

The deposit, located near Boise, Idaho, has the potential to become one of the world’s largest and lowest-cost primary molybdenum mines. The mine also contains very significant credits of copper and silver.

Shares of American Cumo Mining closed the week out at $0.17–a 25 percent increase over the week.

Data for 5 Top TSXV 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 $10 million prior to the week’s gains are included. Companies within the mining and precious metals sectors are considered.

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

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

Editorial Disclosure: American CuMo Mining and Kivalliq Energy are clients of the Investing News Network. This article is not paid-for content.

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