The TSX Enterprise Change has launched its annual TSX Enterprise 50 rating, recognizing the top-performing firms based mostly on share worth appreciation, market capitalization development and Canadian buying and selling worth.
Amongst this yr’s high 10 are six firms from the mining and oil and fuel sectors.
Learn on to be taught in regards to the firms and their property.
1. Sintana Power (TSXV:SEI)
Sintana Power, a Canadian oil and pure fuel exploration firm, secured the third place on the TSX Enterprise 50.
The corporate’s share worth rose a powerful 293 p.c in 2024.
Sintana’s main asset is its possession curiosity within the VMM-37 block, positioned in Colombia’s Magdalena Basin. With places of work in Toronto and Dallas, Sintana continues to strengthen its exploration portfolio.
2. Energy Metallic Mines (TSXV:PNPN)
Energy Metallic Mines ranked fourth general on the TSX Enterprise 50 and noticed a 365 p.c improve in share worth.
The corporate is targeted on creating its Nisk venture, a high-grade nickel-copper-PGMs-gold-silver asset in Québec, Canada. Nisk spans a 20 kilometer strike size, with a number of high-grade discovery zones.
Energy Metallic Mines modified its identify from Energy Nickel, efficient February 21, to raised replicate the polymetallic nature of its flagship asset. CEO Terry Lynch emphasised within the announcement that the Lion zone’s high-grade copper, platinum and palladium assays necessitated a rebranding to align with the corporate’s evolving imaginative and prescient.
3. Montage Gold (TSXV:MAU)
Fifth place Montage Gold, which recorded a 193 p.c share worth appreciation final yr, is advancing the Koné gold venture in Côte d’Ivoire. The venture is considered considered one of Africa’s highest-quality gold property, boasting a 16 yr mine life and an annual manufacturing goal exceeding 300,000 ounces for the primary eight years.
With an all-in sustaining value of US$998 per ounce, the venture is nicely positioned for financial viability.
Development started in late 2024, with first gold manufacturing anticipated by Q2 2027.
4. Founders Metals (TSXV:FDR)
Canadian exploration firm Founders Metals got here in sixth place and skilled a 196 p.c rise in share worth. Founders Metals is targeted on the Antino gold venture in Suriname’s Guiana Protect.
Masking over 20,000 hectares, Antino hosts a past-producing mine that produced over 500,000 ounces of gold.
The corporate not too long ago introduced a high-grade gold discovery on the Van Gogh prospect, reporting an intersection of 28.5 meters at 7.12 grams per metric ton gold from a 2025 drilling marketing campaign.
5. Q2 Metals (TSXV:QTWO)
Q2 Metals secured ninth place with a 214 p.c share worth appreciation.
The corporate is targeted on its lithium initiatives in Québec’s Eeyou Istchee James Bay area.
Final yr, the corporate acquired the Cisco lithium venture, which contains 767 claims throughout 39,389 hectares. Q2 Metals can be actively advancing the Mia lithium venture, which hosts the MIA 1 and MIA 2 lithium occurrences alongside a ten kilometer pattern. Moreover, it owns the three,972 hectare Stellar lithium venture positioned close to the Mia venture.
6. Artemis Gold (TSXV:ARTG)
Artemis Gold rounds out the checklist in tenth place with a 118 p.c share worth appreciation. The corporate is targeted on creating the Blackwater mine in BC, which holds a gold useful resource of over 10 million ounces.
The venture has secured key regulatory approvals and is anticipated to turn out to be considered one of Canada’s largest gold mines. This January, Artemis introduced its first gold and silver pour at Blackwater, marking a serious milestone.
President and Chief Working Officer Jeremy Langford famous that the crushing circuit has exceeded nameplate throughput, and the milling circuit is performing as anticipated. Business manufacturing stays on monitor for Q2 2025.
Don’t overlook to observe us @INN_Resource for real-time information updates!
Securities Disclosure: I, Giann Liguid, maintain no direct funding curiosity in any firm talked about on this article.
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