Top Stock Gainers on TSX Venture

There is significant interest in the workings of the TSX Venture Exchange among investors, and for good reason too. It is often possible for investors to discover hidden gems. However, that would also need strong research. This feature would provide you with a quick look into five of the more notable gainers listed on the exchange.

Robex Resources Inc. (TSXV: RBX) On Wednesday, the company had come into sharp focus among investors, and the stock ended up with gains of as much as 30% amidst strong interest. Robex Resources Inc. provided a corporate strategy update for its operations in Guinea and Mali on March 18.

The board of directors and the management provided the revised and updated development schedule after the resource estimate at Mansounia was published on December 22, 2023. The rising energy costs and the operating conditions in Mali have been considered by the management. Hence, the viability of Nampala had been downgraded, and the company revealed that it expected the on-going operation to be concluded by June 2026.

Thesis Gold Inc. (TSXV: TAU) (OTCQX: THSGF) was another notable mover on Wednesday as the stock clocked gains of 16% for the day. Thesis Gold Inc. had come into focus on March 12 when it announced the report from all the remaining assay results for the 2023 drilling initiative at its Ranch Project.

The company owns the project 100%. In the news release, it was revealed that the step-out drilling results from the Bingo Zone had demonstrated considerable near-surface mineralization, especially in intercepts of the higher grade.

Skyharbour Resources Ltd. (TSXV: SYH) (OTCQX: SYHBF) The stock recorded gains of 11% yesterday after the company made a key announcement about North Shore Uranium, its partner company. Skyharbour Resources Ltd. announced that North Shore had been successful in the completion of a maiden drilling program at the Falcon Property, encompassing 55699 hectares.

The property is situated at the eastern end of the Athabasca Basin in Saskatchewan. During the course of the program, three targets had been drilled. It was also noted that select samples of the drill core had been sent away for analysis. The final results from the analysis would be made available in four to six weeks’ time.

Santacruz Silver Mining Ltd. (CVE:SCZ) is an intriguing TSX Venture Exchange-listed firm to look into at this time, especially given the 12% gain clocked by its stock yesterday. Although Santacruz Silver Mining Ltd. is not a profitable company at this point, its revenue growth has been strong in the past half a decade. In the past five years, the company has managed to generate revenue growth to the tune of 60% a year. Such revenue growth trumps the growth generated by most pre-profit firms.

Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) While there has been no news about the company this week, its stock was in focus yesterday and ended up with 8% gains. On February 15, Minaurum Gold Inc. was in the news after the company announced its main objectives for this year for its Alamos silver project situated in Sonora, Mexico. It was revealed that in 2024, the company wanted to carry on with its two-pronged strategy to de-risk the project geologically and also from a community-based viewpoint.