The S&P/TSX Venture Composite Index (INDEXTSI:JX) dropped again last week, losing 1.71 percent over the five-day period to finish the week with 761.98 points.
The decline comes in part of the upcoming US election as investors turn their attention to safe-haven assets.
Although the index was down last week, a number of stocks in a variety of sectorsâmost notably gold stocksâstill saw weekly percentage gains.
The top five mining gainers for the week were:
Here’s a closer look at those companies:
Giyani Gold was first on last week’s 5 top TSXV list. The company is a junior exploration company interested in acquisition, exploration, evaluation and development of underexplored, past producing gold assets in South Africa and Canada.
The company’s Rock Island Gold Project received an acceptance letter for a retention license application from the South Afircan Department of Mineral Rources (DMR) on September 1. Â On October 27, Giyani Gold announced it had acquired an 88-95 percent interest in various manganese projects in Botswana.
Shares of Giyani Gold increased 39.02 percent last week to $0.57.
In addition to the exploration of gold and base metals, Eagle Plains Resources has interest in uranium,rare earth elements, and industrial metals. The company’s primary focus is to locate ore deposits within Canada and advance its projects toward discovery.
Egale Plains’ most recent news was released in early October wherein the company announcedâtogether with Silver Standard (TSX:SSO) the execution of an option agreement on the Fisher Gold Project in Saskatchewan.
Last week, Eagle Plains Resources shares increased 31.82 percent to $0.145.
Third on the list is Gowest Gold, a company that is working towards the development of its 100 percent owned Bradshaw Gold Deposit, as part of its North Timmins Gold Project. On October 31, Gowest announced a financing update for its Bradshaw project.
Gowest saw an increase of 26.47 percent last week to close the five-day period at $0.215.
Last week, shares of Defiance Silver rose steadily by 25 percent to close the week at $0.425.
The company is a silver explorer and developer, currently focused on advancing its San Acacio Deposit in Mexico. The most recent news from Defiance Silver came in September wherein they announced a drill permitting update at the San Acacio Silver Deposit.
Last but not least on the 5 top TSXV stocks is Hunt Mining, who controls mineral rights in the Santa Cruz province in Argentina. Currently, the company has two projectsâthe La Josefina and La Valencianaâwhich are being explored and developed.
With that in mind, on November 3 the company announced a private placement offering which would allow it to advance production at the Martha Mill mine.
Shares of Hunt Mining increased 23.68 percent last week to $0.235.
Data for 5 Top TSXV Stocks articles is retrieved each Friday after market close using The Globe and Mail’s market data filter. Only companies with a market capitalization greater than $10 million prior to the week’s gains are included. Companies within the mining and precious metals sectors are considered.
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Securities Disclosure: I, Jocelyn Aspa, hold no direct investment interest in any company mentioned in this article.
Top TSXV stocks in recent weeks:
5 Top TSXV Stocks: Gold Stocks on the Move
5 Top TSXV Stocks: Northern Lion Gold Tops the List
5 Top TSXV Stocks: Patriot One Technologies Boosts Over 400 Percent
5 Top TSXV Stocks: G4G Capital Tops the List For Second Week
5 Top TSXV Stocks: G4G Capital Tops the List
5 Top TSXV Stocks: Nemaska Lithium Tops the List
5 Top TSXV Stocks: Jayden Resources Leads the Way
5 Top TSXV Stocks: Stans Energy Rises 250 Percent
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