5 Top TSX Stocks: Exchange Rallies After Two-Week Drop

The S&P/TSX Composite index (INDEXTSI:OSPTX) was up last week by 1.71 percent to 14,697.93 points.
The Toronto Star reported on Friday that the exchange–as well as the loonie–rose as a result of the US Federal Reserve deciding against raising interest rates.
A number of stocks made gains over the week, including a variety of base and precious metal companies – especially those acquiring copper and gold.
Companies that were up for the week included:

• Geodrill (TSX:GEO)
• Ivanhoe Mines  (TSX:IVN)
• TMAC Resources (TSX:TMR)
• Trevali Mining (TSX:TV)
• NGEx Resources  (TSX:NGQ)

Here’s a look at those companies:

Geodrill

Last week, Geodrill took the number one spot on the TSX Exchange. Over the five-day period, shares of Euromax increased 19.42 percent to $2.46.
Geodrill Limited is a drilling company that is engaged in providing exploration and development drilling services to mining companies with exploration, development and production operations in West Africa and the African Copperbelt. Recently, Geodrill’s stock had its “buy” rating reiterated by stock analysts at Paradigm Capital in a research note issued on Thursday. 

Ivanhoe Mines

Second on last week’s top 5 TSX stocks is Ivanhoe Mines, a mineral exploration and development company. The company focuses on exploration within the Central African Copperbelt and the Bushveld Complex.
Ivanhoe had its “outperform” rating restated by Royal Bank Of Canada, which may show why it had an increase onthe Friday; however, the rise is most likely due to finding more high-grade copper on the company’s Tier One Kamoa Copper Project. The Kamoa Project is a joint venture between Ivanhoe Mines and Zijin Mining.
Last week, shares of Ivanhoe Mines increased 12.44 percent to close the week at $2.17.

TMAC Resources

Shares of TMAC rose 12.48 percent last week to close the five-day period at $18.11
The company is a mineral exploration and development company involved in the exploration, evaluation and development of the Hope Bay mineral property in the Kitikmeot Region of Nunavut, Canada. On September 14, the company announced that it continued to intersect high-grade gold at Doris North at Hope Bay. 

Trevali Mining

Next is Trevali Mining, a natural resource company engaged in the acquisition, exploration, development and production from mineral properties. Trevali most recently expanded their high-grade zinc-lead-silver mineralization at the Santander Zinc Mine and discovered a new Central-Oyon zone.

Last week, shares of Trevali increased 10.87 percent to $1.02.

NGEx Resources

Last but not least on the TSX top 5 is NGEx Resources, whose shares rose 10.53 percent to $1.26.
The company has a portfolio of exploration stage copper-gold projects in Chile and Argentina. Recently, the company outlined plans following a successful Filo mining spinout. NGEx announced it will be focusing on advancing its 60 percent owned Project Constellation which includes its Los Helados and Josemaria Deposits in Chile. Project Constellation is one of the largest, undeveloped copper-gold projects in South America.
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