Top High-volume Trading TSXV Stocks

Here are some of the top-trading TSXV stocks for the week ending on May 17.

Great Quest Metals (TSXV:GQ)

This Canada-based exploration company saw 41,400 net buys last week, trading at $0.80, a 6.667-percent bump of $0.05 for the week. This strong week followed Jed Richardson’s appointment as president and CEO of Great Quest on May 10. Richardson has been director of the company since April 2010. The company is involved in the acquisition, exploration and development of phosphate and gold concessions in Eastern Mali and West Africa; it also has gold, copper and molybdenum properties in British Columbia.

American Vanadium (TSXV:AVC)

This company is developing the United States’ only vanadium mine in the state of Nevada. Last week saw 96,514 net buys for the US-based company. As of Friday, the company was down, trading at $0.72, a fall of $0.05. The company is in the midst of a shift between only selling high-purity vanadium in the United States to producing and marketing vanadium-redox flow batteries. These batteries are predicted to play an important role in the future of power grids, and the new integrated model is expected to deliver more value to shareholders than the former model of a primary producer.

Eurasian Minerals (TSXV:EMX)

This precious metals company saw 29,201 net buys and traded at $1.64. That is a $0.07 increase for the precious metals exploration company. EMX currently has exploration projects in Turkey, Sweden, Haiti, Australia and the Western United States, generally mining gold and copper. The company’s first-quarter financial statements were released last week and show the development of new exploration projects worldwide. Eurasian’s net loss for the first quarter of 2013 was $3,233,062, compared to a net loss of just over $4 million for the first quarter of 2012. The first quarter also saw a net royalty income of $382,078 for 562 ounces of gold.

Copper Fox Metals (TSXV:CUU)

This resource development company’s main asset is the Schaft Creek copper, gold, molybdenum and silver deposit, located in Northwestern British Columbia. On Friday, the company was trading at $0.65, down $0.03, with a volume of 123,192. Copper Fox recently released a feasibility study on its Schaft Creek deposit; it shows that, processing at a rate of 130,000 tonnes, the mine has a life of 21 years. It is expected to produce 4.88 billion pounds of copper, 4.21 million ounces of gold, 25.10 million ounces of silver and 214.92 million pounds of molybdenum. The company also recently acquired the Van Dyke copper deposit in Arizona.

Kennady Diamonds (TSXV:KDI)

This diamond exploration company, based in Toronto, saw a 7-cent bump and is trading at $1.20 with a net volume of 26,404. The company’s main focus is currently on 12 leases and claims adjacent to the De Beers/Mountain Province Diamonds (NYSEMKT:MDM) joint venture in the Canadian Northwest Territories. The project hosts three known kimberlites: Kelvin, Faraday and Hobbes. A 2011 gravity survey identified 39 high-priority geophysical anomalies that resemble known kimberlite bodies in the Kennady Lake region.