• 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
    Platinum Market
    Platinum News
    Platinum Stocks
    • Platinum Market
    • Platinum News
    • Platinum Stocks
    1. Home>
    2. ResourcePrecious MetalsPlatinum Investing>
    Loading...
    0

    5 Top Weekly TSX Stocks: Eastern Platinum Rises 20 Percent

    Priscila Barrera
    Aug. 13, 2023 07:40PM PST

    Last week's top-gaining stocks on the TSX were Eastern Platinum, Questerre Energy, Orvana Minerals, Fission Uranium and Crew Energy.

    platinum bars
    Maxx-Studio / Shutterstock

    The S&P/TSX Composite Index (INDEXTSI:OSPTX) opened up last Friday (August 11) at 20,342.88.

    The index was on track to end the week on a positive note, rising 1.18 percent during the five day trading week. Lower-than-expected US inflation numbers supported investors’ expectations that the Federal Reserve could end its rate hikes soon.

    Looking over to commodities, gold fell on Friday, trading around the US$1,917 per ounce mark, with sister metal silver also dropping, falling to the US$22 per ounce level.


    But gold might be headed to a new high, according to Jeffrey Christian of CPM Group, who doesn't think it needs a catastrophe to get there.

    "There are a whole lot of issues that are lined up against the value of wealth right now. Looking into 2024, 2025 we see a lot of really good substantive real reasons to have some of your assets in gold," he explained at the Rule Symposium.

    Last week, some resource junior mining and energy focused companies saw their stock prices go up. Here’s a look at those companies and the factors that moved their share prices last week.

    1. Eastern Platinum (TSX:ELR)

    Company Profile

    Leading this week’s top TSX stocks list is Eastern Platinum, which saw its share price increase 20 percent to end the week at C$0.09.

    Eastern Platinum is a mid-tier platinum group metals and chrome producer with assets located along South Africa’s Bushveld Complex, the world’s largest known PGM resource. The company’s operations include the Crocodile River mine, the Mareesburg project and the Kennedy’s Vale and Spitzkop projects.

    2. Questerre Energy (TSX:QEC)

    Company Profile

    Questerre Energy is focused on the acquisition, exploration and development of oil and gas projects, in specific non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The company holds assets in Alberta, Saskatchewan, Manitoba and Quebec in Canada as well as in the Kingdom of Jordan.

    Last week, shares of Questerre Energy increased 17.95 percent to end at C$0.23.

    3. Orvana Minerals (TSX:ORV)

    Company Profile

    Orvana is a multi-mine gold-copper producer. Orvana’s operations consist of the El Valle gold-copper-silver mines in northern Spain and the copper-gold-silver Don Mario Mine in Bolivia, currently in care and maintenance, and the Taguas property located in Argentina.

    Last week, the company did not release any news, but its shares increased 16.13 percent to end at C$0.18.

    4. Fission Uranium (TSX:FCU)

    Company Profile

    Fission Uranium is a resource company specializing in the strategic exploration and development of the Patterson Lake South uranium property in Canada's Athabasca Basin.

    Last week, shares of Fission Uranium increased 15.25 percent, to end the five-day period at C$0.68.

    5. Crew Energy (TSX:CR)

    Company Profile

    Last but not least this week is Crew Energy, an oil and natural gas producer. Crew's activities are primarily focused in the Montney resource in Northeast BC, where it has a large, contiguous land base of approximately 277,000 net acres (433 net sections).

    On August 9, the company published its Q2 results, with average production reaching 30,046 barrels of oil equivalent per day. Last week, shares of Crew Energy increased 15.23 percent to end at C$6.43.

    Data for 5 Top Weekly TSX Performers articles is retrieved each Friday after market close 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.

    From Your Site Articles
    • How to Invest in Platinum (Updated 2023) ›
    • Top 5 Palladium- and Platinum-producing Countries (Updated 2023) ›
    • Platinum Price Forecast: Top Trends That Will Affect Platinum in 2023 ›
    Related Articles Around the Web
    • Platinum Stocks List for 2023 | NYSE, NASDAQ & | SwingTradeBot ... ›
    • 3 Platinum ETFs ›
    https://www.linkedin.com/in/priscilabarrera/
    pbarrera@investingnews.com
    The Conversation (0)

    Go Deeper

    AI Powered
    Industrial vehicles moving ore at a mine site. Text reads "5 Top Canadian Mining Stocks This Week."

    Top 5 Canadian Mining Stocks This Week: Wealth Minerals Charges Up 64 Percent

    Offshore platform with "5 Top Canadian Mining Stocks This Week" text overlay.

    Top 5 Canadian Mining Stocks This Week: Africa Energy Jumps 275 Percent

    Priscila Barrera

    Priscila Barrera

    Managing Editor, Resource

    Priscila is originally from Buenos Aires, Argentina, where she earned a BA in Communications at Universidad de San Andres. She moved to Vancouver for the first time in 2010 and fell in love with the city. A few years after she went to London, UK, to study a MA in Journalism at Kingston University and came back in 2016. She enjoys reading, drinking coffee and travelling.

    Latest News

    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 Platinum Investing Stocks

    More featured stocks

    Browse Companies

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

    Managing Editor, Resource

    Priscila is originally from Buenos Aires, Argentina, where she earned a BA in Communications at Universidad de San Andres. She moved to Vancouver for the first time in 2010 and fell in love with the city. A few years after she went to London, UK, to study a MA in Journalism at Kingston University and came back in 2016. She enjoys reading, drinking coffee and travelling.

    Full Bio

    Follow

    Learn about our editorial policies.