- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
5 Top TSXV Stocks: Tirex Resources Gains 93 Percent
Tirex Resources was the top gaining stock for the week, followed by Los Andes Copper, Antioquia Gold, Largo Resources and Goldstrike Resources.
It was a short week for the TSX Venture exchange ahead of the Christmas holiday. The S&P/TSX Venture Composite index (INDEXTSI:JX) was touched by the Christmas spirit, rising 2.9 percent to finish at 516.83 points, its highest close since December 4.
Several resource focused companies saw their share prices rise as well. Tirex Resources (TSXV:TXX) was the top gaining stock for the week, followed by Los Andes Copper (TSXV:LA), Antioquia Gold (TSXV:AGD), Largo Resources (TSXV:LGO) and Goldstrike Resources (TSXV:GSR).
Tirex Resources
Shares of Tirex gained 93.75 percent this week to close at $0.155. The junior mining company is focused on bringing forward its Mirdita project in Albania, which it believes has the potential to become a major volcanic massive sulphide (VMS) base metal mining district.
On December 10. Tirex announced it would begin field work at its Rehova copper project, also in Albania. However, there has been no further news from the company to explain this week’s rise in share price.
Los Andes Copper
Exploration and development company Los Andes Copper is focused on advancing its Vizcachitas porphyry copper-molybdenum project, located 130 kilometers north of Santiago, Chile. Los Andes closed the second tranche of a private placement for $305,569 on December 1. However, there has been no additional news that would explain the rise in share price for the company this week. Shares of Los Andes were up 75 percent this week, finishing at $0.14.
Antioquia Gold
Antioquia gained 50 percent this week to close at $0.09 per share. The junior mining company is focused on developing its Cisneros property in Colombia. On December 3, Antioquia announced the appointment of Felipe Ferraro as the company’s new president and CEO. However, there has been no further recent news to explain this week’s share price rises.
Largo Resources
Largo Resources was the top gaining stock on the TSXV last week, and the vanadium mining company continued to rise this week. Shares of Largo gained 47 percent to finish at $0.28 on Thursday. The company recently rose on news that it had signed an indicative term sheet with its existing lenders, along with a restructuring agreement for its export credit facilities. However, the company did not put out any additional news this week to explain the boost in share price.
Goldstrike Resources
Finally, Goldstrike Resources saw its share price gain 45 percent this week to finish at $0.145 on news that the company would be acquired by Petro One Energy (TSXV:POP). The arrangement was previously announced on November 12, and on Tuesday, it was announced that the deal had been conditionally accepted by the TSX Venture Exchange.
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.
Securities Disclosure: I, Teresa Matich, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: Los Andes Copper is a client of the Investing News Network. This article is not paid for content.
Related reading:
5 Top TSXV Stocks: Largo Resources Gains on Lender Support
5 Top TSXV Stocks: Gold Companies Dominate
5 Top TSXV Stocks: Pure Gold Gains on Sale of Buffalo Claims
5 Top TSXV Stocks: Golden Arrow Resources Leads the Pack
5 Top TSXV Stocks: Morien Resources Rises 22 Percent
5 Top TSXV Stocks: Gold Standard Ventures Gains 35 Percent on Dark Star Discovery
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.