Top Stock Gainers on TSXV

There are a number of companies listed on the TSX Venture Exchange that could be in focus among investors this morning, and it could be a good move for investors to consider taking a closer look into them. On Monday, there were a number of stocks on the exchange that had made strong upward moves. This feature would provide you with a quick look into five of those.

The Explorations Ltd. (TSXV: THX) (AIM: THX) Although there was no news about the company yesterday, the stock was in prime focus and ended up with gains of 10% amidst strong interest. On April 29, The Explorations Ltd. announced its financial results for the three-month and twelve-month periods that ended on December 31, 2023. The company reported revenues of $141.2 million in the financial year to go along with EBITDA of $55.3 million. In the previous fiscal year, revenues had been $165.2 million and EBITDA had been $84.2 million. It was also revealed that The Explorations sold 73356 ounces of gold for the average realized price of $1907 per ounce.

Metalla Royalty & Streaming Ltd. (TSXV: MTA) (NYSE American: MTA) Last week, the company was in the news cycle after it announced its financial results for the three-month period ended on March 31, 2024. In the news release from Metalla Royalty & Streaming Ltd, it was noted that in the first fiscal quarter, the management had been focused on streamlining and integrating the business after the conclusion of the merger with Nova Royalty in December last year. It was further pointed out that Metalla Royalty & Streaming would continue to look for acquisitions that could unlock more value for shareholders. Yesterday, the stock recorded gains of 8%.

IsoEnergy Ltd. (TSXV: ISO) (OTCQX: ISENF) The stock had been one of the notable movers yesterday amidst strong interest and ended up clocking gains of 6%. On May 6, IsoEnergy Ltd. announced that it had started the 2024 exploration initiative in Utah, with the focus being on four of its uranium projects. The exploration initiative had also been aimed at complementing the reopening of the Tony M Mine, as revealed by the company earlier this year. Due to the ban on Russian uranium, there was an acute need to develop and discover uranium supply sources in the United States, as noted by the company in the news release.

Dolly Varden Silver Corporation (TSXV: DV) (OTCQX: DOLLF) In light of the 8% rally in the stock yesterday, it may be a good time to look into the company. On April 23, Dolly Varden Silver Corporation announced its plans for the 2024 exploration drilling initiative at its Kitsault Valley Project. The company revealed that the initial plan was for 25,000 meters of diamond drilling across three drills. At the time, it was revealed that mobilization would begin in the first week of May.

Majestic Gold Corp. (TSX.V: MJS) Following the 8% rally in the stock yesterday, it may be a good time to look into the announcement from the company on March 28. At the time, Majestic Gold Corp. announced its financial results for the fiscal year ended on December 31, 2023. The company reported revenues of $55 million, compared to $63.5 million in the previous fiscal year. A 20% drop in gold sales had led to the fall in revenues. Net income stood at $12.2 million, as opposed to $17.4 million in the previous fiscal year.