Investing in publicly-traded stocks is an attractive option for those looking to grow their money. The Toronto Stock Exchange (TSXV) is full of promising companies with high potential for growth.
In this article, we take a closer look at 5 of the top TSXV stocks this week. We’re sure these companies will be of interest to serious investors, as the stocks have seen substantial gains in the past week alone.
At the top of the list is Bayhorse Silver Inc. (TSXV: BHS). This mineral exploration company specializes in targeting silver and gold deposits and has seen spectacular gains. In the past week, the company’s stock price has surged by an amazing 100%.
The company credits its success to its acquisition of the Bayhorse Silver Mine in the United States and its successful exploration program. This success was followed by the release of positive drill results which confirm the presence of bonanza grade silver and gold mineralization in the area. This had investors speculating about even more gains in the future, and they were right.
Coming in second is Patriot Gold Corp. (TSXV: PGOL). The company focuses on exploring for gold in well-known historic mining districts in Arizona and Nevada, and their stock has been performing especially well this week as it increased by 62%. The company recently announced the discovery of a new gold zone at its Rattlesnake project, which is an area with a long history of production.
Other top-performing TSXV stocks this week include Allied Esports Entertainment Inc. (TSXV: AESE), Pacific Blue Airlines Inc. (TSXV: PBAI), and Victoria Gold Corp. (TSXV: VIT). Allied Esports Entertainment Inc., which provides gaming and esports services, saw its stock rise by 44%. Pacific Blue Airlines Inc., which operates charter flights, saw its stock increase by 25%. Victoria Gold Corp., which is focused on mining gold in the Yukon, saw its share price grow by 23%.
Clearly, these 5 stocks are proving to be some of the top performers on the TSXV. If you’re looking to invest in stocks with a high potential for growth, then these may be worth a look. However, it’s important to perform your own research before making any investment decisions.