• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    zinc investing

    5 Top Weekly TSX Stocks: Trevali Up Over 35 Percent on Q2 Results

    Priscila Barrera
    Aug. 09, 2020 07:45PM PST
    Base Metals Investing
    LSE:GLEN

    Last week’s top-gaining stocks on the TSX were Trevali Mining, Painted Pony, Pretium Resources, Avino Silver and Gold and Orla Mining.

    The S&P/TSX Composite Index (INDEXTSI:OSPTX) was volatile early last Friday (August 7), but ultimately closed up for the week at 16,542.84. 

    After US President Donald Trump introduced tariffs on Canadian aluminum products, the index was under pressure; it was also weighed down by energy stocks.

    In commodities, gold reached an all-time high last week by rallying past US$2,000 per ounce; silver was also making strong moves and now looks poised to hit US$30 per ounce.

    Last week’s five TSX-listed mining stocks that saw the biggest gains are as follows:

    • Trevali Mining (TSX:TV)
    • Painted Pony Energy (TSX:PONY)
    • Pretium Resources (TSX:PVG)
    • Avino Silver and Gold (TSX:ASM)
    • Orla Mining (TSX:OLA)

    Here’s a look at those companies and the factors that moved their share prices last week.

    1. Trevali Mining

    Trevali Mining is a base metals miner with four operational assets: the 90 percent owned Perkoa mine in Burkina Faso, the 90 percent owned Rosh Pinah mine in Namibia, the wholly owned Caribou mine in Northern New Brunswick, Canada, and the wholly owned Santander mine in Peru.

    Last Thursday (August 6), the company reported quarterly production of 66 million pounds of zinc at an all-in sustaining cost of $1.05 per pound. The same day, Trevali secured up to $45 million in additional liquidity consisting of $25 million being made available through an existing credit facility, and a new $20 million facility from Glencore (LSE:GLEN).

    As a result of the news, the company’s share price jumped 36.84 percent to end the week at C$0.13.

    2. Painted Pony Energy

    Calgary-headquartered Painted Pony Energy is a natural gas producer that operates in the Montney formation in Northeast British Columbia. Painted Pony’s Montney gas is sweet gas with high heat content and no associated water production.

    The company did not release any news last week, but Painted Pony’s share price was up by 35.48 percent to reach C$0.63.

    3. Pretium Resources

    Pretium Resources is an intermediate gold producer with the high-grade underground Brucejack mine in Northern British Columbia. Last Sunday (August 2), the company reported a fatality at its operation.

    Last Wednesday (August 5), the company published its results for the second quarter, posting record free cash flow. Shares of Pretium jumped 31.35 percent to end the week at C$16.55.

    4. Avino Silver and Gold

    Avino Silver and Gold is a silver and gold producer with gold, silver and base metals properties in Mexico. Avino produces from its wholly owned Avino mine near Durango, Mexico.

    The company is expected to release its second quarter results on August 11. Last week, Avino Silver and Gold saw its share price increase 30.6 percent to C$1.75.

    5. Orla Mining

    Orla Mining is developing the Camino Rojo oxide gold project, an advanced gold and silver open-pit and heap leach project located in Central Mexico. The project is 100 percent owned by Orla and covers over 160,000 hectares.

    The company did not release any news last week, but its shares rose 29.39 percent to end at C$6.56.

    Data for 5 Top Weekly TSX Stocks articles is retrieved each Friday at 10:30 a.m. PST using TradingView’s stock screener. Only companies with market capitalizations greater than C$50 million prior to the week’s gains are included. Companies within the non-energy minerals and energy minerals are considered.

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

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

    zinc investingcamino rojoavino silver and goldbritish columbiaburkina fasolse:glencanada
    The Conversation (0)

    Go Deeper

    AI Powered
    Gold Investing

    5 Top Weekly TSX Stocks: Dalradian Resources Surges After Buying Smelter Royalty

    Gold Investing

    5 Top Weekly TSXV Stocks: Goldcliff Soars on Digital Currency Plans

    Latest News

    Juggernaut Samples up to 256.60 g/t Or 8.25 oz/t Gold and Identifies 4 New Gold-Rich Zones that Remain Wide Open and are Drill Ready within the Highway of Gold Corridor on the Big One Property, Golden Triangle, B.C.

    Sun Summit Drills 78.0 Meters of 3.72 g/t Gold Including 19.1 Meters of 7.50 g/t Gold at the JD Project, Toodoggone District, B.C.

    Trading Halt

    Shallow High-Grade Gold Intercepts Confirm Growth Upside

    Notice of General Meeting

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Base Metals Investing Stocks

    Group Eleven Resources

    ZNG:CC

    Nuvau Minerals

    NMC:CC

    Teck Resources

    TECK.B:CC

    Capstone Copper

    CS:CA

    Pan American Silver

    PAAS:CA
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×