Millions of investors keep an eagle-eye on the Toronto Stock Venture Exchange (TSXV) to spot potential players ready to take off. While it’s a field abuzz with countless stocks, some stocks bring dramatic results in a short span. One such entrant leaving stakeholders in awe is Arianne Phosphate, registering a whopping 80 percent gain in the recent week. Here are the top five TSXV stocks making headlines this week, starting with Arianne Phosphate.
1. Arianne Phosphate Inc.
Arianne Phosphate Inc. is a Canada-based developmental-phase phosphate mining company. Recently, the company has emerged as a significant gainer on the TSXV, registering an impressive increase of approximately 80%. The significant hike resulted from the Company’s announcement of successful ongoing arrangement discussions with strategic partners. Arianne Phosphate’s Lac à Paul Project continues to impress stakeholders as this open-pit phosphate mine has over 500 million tonnes of reserves.
2. Wildcat Exploration Ltd.
Second, on this list, Wildcat Exploration Ltd. – a Winnipeg-based mining company – specialises in the acquisition, exploration, and development of mineral properties. It reported a 54 percent gain this past week. The company’s positive momentum is attributed to its ongoing drill testing of historically overlooked high-grade gold targets at its 100% owned Manitoba projects, thus stirring an investment buzz.
3. Graphene Manufacturing Group
The jump of approximately 50% in Graphene Manufacturing Group’s stock makes it the third weekly gainer on TSXV. A trailblazer in the development and manufacturing of graphene products, the company boosted its stock value successfully by announcing an experimental coin cell battery, which had a capacity of 3000mAh/g.
4. Namibia Rare Earths Inc.
The fourth top weekly performer, Namibia Rare Earths Inc., secured a 45% advance in the TSXV. The company primarily explores different types of rare earths, from light to heavy. The noteworthy rise in its shares came after the company closed an over-subscribed non-brokered private placement, raising CAD 4,000,000 for its Platinum Group Elements (PGE) and Light Rare Earth Element (LREE) projects in Namibia.
5. Eskay Mining Corp.
Finally, capturing the fifth spot this week is Eskay Mining Corp., a natural resource company involved in the exploration and development of mineral properties. The company reported a gain of 42 percent, driven by the continuous success of its exploratory drilling at the Consolidated Eskay precious metal-rich VMS project in the heart of the “Golden Triangle” in Canada.
In a nutshell, the phenomenal increase in Arianne Phosphate’s shares and the impressive performances by Wildcat Exploration, Graphene Manufacturing Group, Namibia Rare Earths, and Eskay Mining bear witness to the volatile yet promising nature of the TSXV platform. These companies show the market’s potential for big jumps and significant gains, just within a week. Stakeholders need to keep their fingers on the pulse of these notable flyers to harness their investment potential strategically.
