Last Friday (May 4), the S&P/TSX Venture Composite Index (INDEXTSI:JX) rose 1.16 points, or 0.15 percent, to close at 772.41.
Canadian stocks were broadly led by financial and energy stocks on Friday, buoyed by higher oil prices last week.
Oil has been a mover lately, with the markets worried about exactly what US President Donald Trump is going to do with his administration’s approach to Iran. He has until May 12 to decide whether he will restore sanctions to one of the world’s largest oil producers over the US-Iran nuclear deal.
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Among miners, exploration companies saw the most movement on the TSXV last week, with company priorities ranging from uranium to copper to gold. Here are the top five movers on the TSXV last week:
- New Stratus Energy (TSXV:NSE)
- Oroco Resources (TSXV:OCO)
- Intact Gold (TSXV:ITG)
- Gunpoint Exploration (TSXV:GUN)
- Discovery Metals (TSXV:DSV)
Here’s a look at what these five companies have been up to recently.
New Stratus Energy
New Stratus Energy is a Canadian resource company with assets in Saskatchewan. The company is in the business of acquiring, exploring and developing properties producing uranium, oil and gas.
While the company didn’t release any news last week, in March it announced