The Toronto Stock Exchange Venture (TSXV) is a Canadian stock exchange used for the listing of publicly traded venture companies, offering investors access to a wide variety of equities, from early stage growth to established companies. Every week, many investors speculate on different stocks to gain a profitable return. This article will explore five top weekly TSXV stocks that have had great returns recently.
Benton Resources was the first stock to be discussed, jumping 122% this past week. The growth was attributed to the acquisition of Belt Resources, a provider of lithium materials. The addition of Belt’s comprehensive portfolio of patented lithium-ion battery technologies and intellectual property will be a major benefit to Benton, as it is an integral part of the electric vehicle industry.
The second stock mentioned this past week was HighLift Ventures, which jumped 79%, making it an extremely strong performer. This gain was largely due to the company’s novel technology, described as a ‘laser melt platform’. This technology is a process that produces high-quality, complex parts made from several different materials. It is being utilized to help companies remain competitive in an ever-changing industry.
Third on the list is Macarthur Minerals Ltd., which jumped 69%. The recent surge in this stock was due to the company’s recent purchase of the rights to its Pilbara Iron Ore Project, a major deposit of high-grade iron ore. The acquisition of these rights strengthened the company’s presence in the iron ore market and confirmed its position as a major supplier.
Next on the list is Rambler Metals & Mining, which rose 67%. Rambler is a small-cap exploration and mining company focused on the exploration and development of its flagship Ming Mine Project in Newfoundland and Labrador. This recent surge in Rambler’s stock was driven by successfully achieving a significant milestone in its underground development plans.
Lastly, the fifth stock mentioned this past week was C12 Technologies Ltd. The stock jumped 62%. This jump was partially attributed to speculation surrounding the company’s plans to acquire patents to its proprietary processes that will drive new forms of treatment for neurodegenerative diseases.
In conclusion, the five stocks discussed above all experienced significant returns this past week. Investors should take the time to research each one in more detail to determine if the stock is a potential fit for their portfolio.