Market Movers

Top Stock Gainers on TSXV

Jun 11, 2024
Top Stock Gainers on TSXV

The TSX Venture Exchange has emerged as one of the more important exchanges for investors in recent times, and every day millions of dollars worth of stocks are traded. On Thursday, there were a number of stocks that had made notable gains, and this feature would provide you with a quick look into five of those.

Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) On Thursday, the company had come into focus among investors in a big way and clocked gains of 18% amidst strong interest. On May 31, Rock Tech Lithium Inc. announced that it had officially completed the handover of its construction and operation permit approvals to its German lithium refinery.

The company stated that the Minister for Climate Action and Environment Axel Vogel and Minister for Economic Affairs Joerg Steinbach of Brandenburg State in Germany provided the approval notice for its lithium-hydride converter to the Chief Executive Officer of the company, Dirk Harbecke. The handover of the approval notice was completed at a meeting held at the State Chancellery located in Postdam.

Santacruz Silver Mining Ltd. (TSXV: SCZ) The company’s stock emerged as one of the notable movers yesterday, as it jumped by 10% for the day. While there was no news about Santacruz Silver Mining Ltd. on Thursday, the company announced its financial results for the first fiscal quarter of 2024 on May 31. The company revealed that it had processed 470,749 tons of material and produced 4,478,122 silver equivalent ounces. The revenues for the quarter came in at $52,589,000, and the adjusted EBITDA was $215,000. Santacruz Silver Mining also announced that the cash cost per silver equivalent ounce that was sold came in at $21.19.

Mayfair Gold Corp. (TSXV: MFG) (OTCQB: MFGCF) After having clocked gains of 10% on Thursday, it is likely that the stock will be in focus this morning too. On June 5, Mayfair Gold Corp. hit the newswires after the company revealed the voting results from its Annual General and Special Meeting of Shareholders that had taken place on the same day. The shareholders had voted to elect new members to the board of directors. Additionally, the shareholders also voted for the re-appointment of the auditors of the company, Davidson & Company LLP. The stock option plan was also re-approved.

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Guanajuato Silver Company Ltd. (TSXV:GSVR) (OTCQX:GSVRF) On May 31, the company announced that it would host its 2024 Annual General Meeting of the Shareholders in Vancouver on June 28, 2024. Guanajuato Silver Company Ltd. further added in the news release that all the directors of the company would stand for re-election. All the shareholders of the company as of the record date of May 14, 2024, would be eligible to vote at the event. On Thursday, the stock surged by 9%.

Tudor Gold Corp. (TSXV: TUD) On Thursday, the company had come into sharp focus, and its stock ended up with gains of 8%. Tudor Gold Corp. came into focus on May 9 when it announced that crews had gathered on site for the preparation of the camp and drilling operations for its 2024 exploration program at the flagship Treaty Creek Project. The project is situated at the Golden Triangle in the North-West British Columbia region.