5 Top Weekly TSXV Stocks: NG Energy Leads with Rise of Over 38 Percent

Weekly gain: 38.04 percent; market cap: C$158.91 million; current share price: C$1.27

NG Energy International is a natural gas company focused on producing and developing natural gas fields for the Colombian market. Maria Conchita, its largest operation, currently produces 7 million cubic feet per day (MMscf/d) of natural gas.

The company traded higher last week following positive news released this past Monday (September 18). Tests indicate that NG Energy will be able to produce a further 23.5 MMscf/d at Maria Conchita. Shares were further bolstered on Wednesday after tests from its Aruchara-3 well indicated the capacity for another 25 MMscf/d.

Weekly gain: 26.67 percent; market cap: C$61.91 million; current share price: C$0.76

Goliath Resources is a metals exploration company concentrated on discoveries in BC's Golden Triangle region. Its primary site, Golddigger, covers 52,756 hectares located 30 kilometers southeast of Smithers.

Goliath traded up this past week following the release of near-surface drill results on Monday and Tuesday (September 19); the results indicate abundant visible gold over 23.65 meters and 15.8 meters. The company's upward trend continued as it upsized a previously announced non-brokered private placement for up to $8.6 million. Crescat Capital and Rob McEwen of McEwen Mining (TSX:MUX,NYSE:MUX) will both be participating in the financing.

Weekly gain: 25 percent; market cap: C$13.82 million; current share price: C$0.075

Sienna Resources is a battery metals exploration company focused on finding and developing high-grade deposits in politically stable and environmentally responsible mining jurisdictions. The company is centered around lithium operations in Nevada, US, and palladium assets in Northern Ontario, Canada.

Sienna didn't release any news last week, but its share price has been on the rise following announcements earlier in the month. On September 5 it closed an option agreement to acquire a 100 percent stake in the Elko lithium project in Nevada, and on September 13 it applied for a permit to drill at five locations on the site.

Weekly gain: 19.15 percent; market cap: C$47.77 million; current share price: C$0.28

Founded on a vision to secure Europe’s energy security, MCF Energy is a natural gas exploration company with permits to explore large-scale sites in Northern and Southern Germany, as well as the Welchau natural gas project in Austria.

The company has been trading strongly the past few weeks following permitting approvals for the Welchau site. Drilling and testing is expected to being in Q4 2023.

Weekly gain: 17.39 percent; market cap: C$26.63 million; current share price: C$0.27

Radius Gold is a junior exploration company with projects concentrated at several sites in Mexico and Guatemala. In addition to gold, its exploration efforts include silver, zinc, copper and lead.

Shares of Radius have been rising since September 11, when the company announced that drilling at its Tropico site in Mexico had begun. The company hit a 52 week high this past Wednesday after early drill sample results were released on Tuesday. This past week Radius also announced a modification to its option agreement with Volcanic Gold Mines (TSXV:VG)