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“Soar Into Week with These Top 5 TSXV Stocks: NorthWest Copper is King with Over 40% Increase!

Daily Gold Index by Daily Gold Index
January 2, 2024
in Investing
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“Soar Into Week with These Top 5 TSXV Stocks: NorthWest Copper is King with Over 40% Increase!
Northwest Copper (TSXV: NWT) has been the star performer among the TSXV stocks this week, with a week-to-date gain of over 40 percent. The Vancouver-based copper exploration and development company recently announced the discovery of a major new copper-gold-silver mineralized structure in its flagship Lillo Gregorio target, located in its 80 percent owned Magdalena copper-gold project in Chubut Province, Argentina. The news sent investors into a buying spree, pushing the company’s stock performance even higher. Northwest Copper’s shares have risen from a low of C$0.20 to its current price of C$0.35 as of the time of this writing. The second standout among this week’s TSXV stocks was GoldON Resources (TSXV: GLD), a gold and silver exploration and production company focused on Ontario’s Abitibi greenstone belt. The company’s share prices rose 36.36 percent since last week, from C$0.25 to C$0.34, on news that the company had closed its previously announced private placement for gross proceeds of C$3.58 million. The week’s gainers list also included Canada House Wellness Group (TSXV: CHV), which reported a week-to-date return of around 35.30 percent. The company’s share prices rose from C$0.085 to its current price of C$0.115 after the company confirmed that it had carried out its previously announced non-brokered private placement. After completion of this placement, the company had raised gross proceeds of C$1.3 million. Rounding off this week’s top TSXV stocks were MX Gold Corp (TSXV: MXL) and CONTINENTAL BLOCKCHAIN CORPORATION (TSXV:CBC). MX Gold Corp, a gold and base metals exploration and development company with properties in British Columbia, reported a 25.86 percent gain in its share prices. The company’s share prices rose from a low of C$0.39 to its current price of C$0.49 as of the time of this writing. CONTINENTAL BLOCKCHAIN CORPORATION, a digital asset and blockchain technology development company, had a gain of 24.90 percent for the week, with its share prices jumping from C$0.20 to C$0.25. As investors look to capitalize on these rallies, trading volumes in these stocks will likely remain high over the coming weeks. Thus, investors are advised to take caution and look to invest only after conducting due diligence and understanding the associated risks of investing in these stocks.
Northwest Copper (TSXV: NWT) has been the star performer among the TSXV stocks this week, with a week-to-date gain of over 40 percent. The Vancouver-based copper exploration and development company recently announced the discovery of a major new copper-gold-silver mineralized structure in its flagship Lillo Gregorio target, located in its 80 percent owned Magdalena copper-gold project in Chubut Province, Argentina. The news sent investors into a buying spree, pushing the company’s stock performance even higher. Northwest Copper’s shares have risen from a low of C$0.20 to its current price of C$0.35 as of the time of this writing. The second standout among this week’s TSXV stocks was GoldON Resources (TSXV: GLD), a gold and silver exploration and production company focused on Ontario’s Abitibi greenstone belt. The company’s share prices rose 36.36 percent since last week, from C$0.25 to C$0.34, on news that the company had closed its previously announced private placement for gross proceeds of C$3.58 million. The week’s gainers list also included Canada House Wellness Group (TSXV: CHV), which reported a week-to-date return of around 35.30 percent. The company’s share prices rose from C$0.085 to its current price of C$0.115 after the company confirmed that it had carried out its previously announced non-brokered private placement. After completion of this placement, the company had raised gross proceeds of C$1.3 million. Rounding off this week’s top TSXV stocks were MX Gold Corp (TSXV: MXL) and CONTINENTAL BLOCKCHAIN CORPORATION (TSXV:CBC). MX Gold Corp, a gold and base metals exploration and development company with properties in British Columbia, reported a 25.86 percent gain in its share prices. The company’s share prices rose from a low of C$0.39 to its current price of C$0.49 as of the time of this writing. CONTINENTAL BLOCKCHAIN CORPORATION, a digital asset and blockchain technology development company, had a gain of 24.90 percent for the week, with its share prices jumping from C$0.20 to C$0.25. As investors look to capitalize on these rallies, trading volumes in these stocks will likely remain high over the coming weeks. Thus, investors are advised to take caution and look to invest only after conducting due diligence and understanding the associated risks of investing in these stocks.
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