Major Stock Gainers on TSXV

The TSX Venture Exchange remains one of the more popular stock exchanges among investors, and every day there are plenty of stocks that catch the eye. On Wednesday, there was considerable action on the exchange, and a number of stocks emerged as major gainers. This feature would provide you with a quick look at five stocks that could be worth tracking.

Blackrock Silver Corp. (TSXV: BRC) Yesterday, the company was on the radar of investors, and that was apparent in the price action of the stock, which went up by 24%. On March 25, Blackrock Silver Corp. announced that it had granted a total of 469,811 performance share units, 150,944 deferred share units, and 954,797 stock options to some of the consultants, directors, and management of the company and its Nevada subsidiary. The grant had been made in line with the provisions of Blackrock Silver Corp.’s Omnibus Equity Incentive Compensation Plan. Each option entitles the holder to a common share in the company for the exercise price of $0.275.

Tudor Gold Corp. (TSXV: TUD): Given that the stock rallied strongly and clocked gains of 17% yesterday, it could be worth tracking today. While there was no news about Tudor Gold Corp. yesterday, the company announced on March 15 that it extended the term of a total of 2928589 common share purchase warrants. The warrants had been issued by the company as part of its private placement on April 6, 2022. The warrants, which were exercisable for $2.80, were set to expire on April 6, 2024. However, the company decided to extend the expiration date to April 6, 2025.

Silver Tiger Metals Inc. (TSXV:SLVR) (OTCQX:SLVTF) Following a key announcement from the company on April 3, its stock experienced strong action and ended up with gains of 17%. Yesterday, Silver Tiger Metals Inc. provided an update about its on-going pre-feasibility study drilling program at the Stockwork gold deposit at the El Tigre Project located in Sonora, Mexico. The company announced that it had completed 22000 of the planned 25000 drilling programs focused on the expansion of the mineral resource. The pre-feasibility study was progressing as intended, and the findings would be published in the second half of 2024.

Dolly Varden Silver Corporation (TSXV: DV) (OTCQX: DOLLF) On Wednesday, the company saw its stock go on a strong run and end up with gains of 15.50%. Dolly Varden Silver Corporation had been in focus on March 26 when it announced that it had successfully concluded the bought-deal public offering that raised gross proceeds to the tune of $14,999,985. As per the terms of the offering, the company offered 14,285,700 shares on a charitable basis, and the shares would also qualify as flow-through shares. The shares had been offered for $1.05 per charity flow-through share.

Magna Mining Inc. (TSX.V: NICU) (OTCQB: MGMNF) After having come into focus following a key announcement yesterday, the company’s stock gained 14% on Wednesday. Magna Mining Inc. provided more drilling results yesterday from the 2024 exploration program at Crean Hill. The company revealed that it had managed to intersect a massive sulfur core at the 109 footwell zone. The zone contained 9.6% Cu, 2.5% Ni, and 17.4 g/t Pt, Pd, and Au over 6.8 meters.