“XL Gains: NorthWest Copper Soars Over 40% – Top 5 Weekly TSXV Stocks

The TSX Venture Exchange is one of the world’s largest exchanges when it comes to smaller, high-growth companies. Investors around the world are constantly monitoring the performance of these stocks, and each week brings new stories of success and failure across the board. This week, the stock market bears witness to five of the highest performers on the TSXV: Northwest Copper, Cresco Labs, Real Vel Corporation, Versartis and Alto Ventures. Northwest Copper saw the highest gains of the week. With over 40 percent gain from last week, the copper exploration and development firm from British Columbia can be proud to boast the highest and fastest return of all the stocks listed in the TSXV. Northwest Copper reportedly finished the week at $3.48 per share. The next up in terms of performance is Cresco Labs, a publicly traded U.S. based cannabis firm. Cresco Labs closed the week with an impressive 36.5 percent gain, trading at $31.43 per share. This is the second consecutive week that Cresco Labs has taken second place in the list of top performing TSXV stocks. Real Vel Corporation was the third star of the show. The artificial intelligence technology company saw its stock surge by 28.4 percent this week to finish with a closing stock price of $3.45. This was the highest stock price, adjusted for inflation, the company has seen since it began trading as a publicly traded company. The fourth best performer this week was Versartis, a biotech firm from the US. The stock was up 25.6 percent over the course of the week, closing at $6.57 per share. This growth is attributed to the U.S. FDA’s approval of the long-acting vernaloclustine treatment for growth hormone deficiency (GHD) in children. Last, but certainly not least, is Alto Ventures. The Toronto based junior exploration company saw a 24.6 percent gain this week, closing the week at $3.07 per share. This is a welcome change for the firm, as they have seen their share price fluctuate heavily over the past few weeks. Each of these stocks had a unique story to tell this week, but the underlying theme is clear: TSXV stocks can and do produce generous returns for patient investors. Whether you’re investing for short-term or long-term success, keeping an eye on these stocks is a must.