The S&P/TSX Venture Composite Index (INDEXTSI:JX) was back on top last week, rising 0.57 percent to reach 746.57 points.Â
Ever since Donald Trump was elected president on November 8, markets have been on a roller coster ride, and the Canadian dollar has also fallen as investors look to buy into the US economy.
That being said, companies on the venture exchange also saw weekly percentage gains over the five-day trading period, with some gains reaching 60Â percent.
The top five stocks for the week were:
- American CuMo Mining (TSXV:MLY)
- Aurora Cannabis (TSXV:ACB)
- Karmin Exploration (TSXV:KAR)
- American Manganese (TSXV:AMY)
- Crystal Peak Minerals (TSXV:CPM)
Here’s a closer look at those companies:
American CuMo Mining
Topping last week’s 5 top TSXV stocks is American CuMo Mining who, according to its website has discovered one of the largest deposits of molybdenum, copper and silver in Idaho. The company has a 100 percent interest in the CuMo project. Most recently, American CuMo announced the signing of an agreement for a significant silver-copper property in Idaho.
Over the five-day period, shares of American CuMo saw an increase of 60 percent to reach $0.16.
Aurora Cannabis
Next on the lis tis Aurora Cannabis, who is focused on cultivating, harvesting and selling medicinal marijuana in Canada.
Last week, shares of the company increased 53.77 percent to reach $3.26. Although there has been no news regarding its share price increase, Aurora’s most recent news came on November 10 when it announced that its subsidiary, CanvasRx, had surpassed 13,000 registered patients.
Karmin Exploration
Karmin Exploration’s focus is on gold and zinc exploration in South Americanâparticularly in Brazil and Peru. Shares of the company over last week’s five day period increased 42.31 percent to reach $0.37.
The company does not have any news regarding its share price increase, however on November 16 it announced that significant progress had been made at its Aripuana Zinc project in Brazil.