Total Financings Total $1.25 Billion in June and July on TSX Venture

mining companies raise more than $1 billion in June and July

In a stunning display of demand, investors poured $679.8 million into TSX Venture issuers in July, according to the latest TMX Group data. What makes July’s financing figures so impressive, is not that it came in mid-summer, but that it was following June’s whopping $569.8 million in total financings. These are massive monthly numbers and […]

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TSX Venture Rockets Above 700 as Gold Hits All-time High

tsx venture is taking off like a rocket

Fueled by gold closing at an all-time high of US$1,941.92, the TSX Venture appears to be breaking out of its 2018 doldrums, closing at a 1-year high of 709.11 today. It should be interesting to see where gold (and by extension, the TSX Venture) head this week, given that the yellow metal almost breached US$2,000 […]

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One Reason Miners Still Lag Surging Gold Price

gold bugs index HUI soars

Gold is on fire, breaking out above $1,800 per ounce to its highest level since 2011. Over the past few months, gold stocks have led the TSX Venture to some incredible gains. Fueled by unprecedented price action for the yellow metal, the TSX Venture has now almost doubled from its low of 338 in March […]

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TSX Venture Financings Increase 136% from April to May

junior gold sector leads to surge in financings on TSX Venture

According to the TMX Group, total financings raised on the TSX Venture increased from $143,978,370 in April 2020 to $339,521,302 in May 2020 – representing an increase of 135.9%. For the TSX Venture, there is no bull market, like a gold bull market. The reason behind the robust financing numbers is due to renewed positive […]

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Marijuana Lifts CSE and TSX Venture Higher

clouds rising in the sky

The Canadian Marijuana Index (CMI) is having its best month since late 2017, and it appears to be turning the tide for the CSE. The CMI has risen approximately 123.38% for the month of May thus far, lifting the CSE — which has a 35% weighting of cannabis companies — roughly 22.16% in the process. […]

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Own Gold Stocks?

Between March 2009 and April 2011, the TSX Venture was the best performing stock exchange in the world, largely due to its heavy weighting towards the mining sector. During this 25 month period, gold rallied and the U.S. dollar fell, causing the value of gold in the ground to soar and junior gold miners to […]

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Gold Equities Soar as TSXV and CSE Rebound

gold equities rise

Gold and marijuana stocks went ballistic Friday. With the curve flattening in most countries and unimaginable monetary stimulus and government support, equities and confidence is stabilizing. The largest benefactor to date is gold and gold equities, which are in an indisputable bull market with both trading at multi-year highs. While I will go into more […]

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TSX Venture Cracks 500 As Gold Holds Above $1,700

a door on top of rubble showing light at the end of the tunnel

When it comes to the Canadian public markets, small and micro-cap stocks are usually the laggards of the bunch — the first to fall and the last to rise. And when junior exchanges like the TSX Venture and the CSE fall, they fall hard. It can take months (and even years) for them to recover […]

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IPO Financings Fall 97% MoM on TSX Venture

One of the best ways to determine market sentiment is by way of IPO financings. Whether they are rising or falling in frequency along with the amount of capital raised can often provide a sense of market strength. For Canada’s junior index, the TSX Venture, prone to collapses in confidence, its month over month decline […]

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Speculators Suffer as TSX Venture Capitulates, Again

The TSX Venture is a speculators exchange in every way. A gamblers paradise, the index rises and falls on the wings of sentiment, nothing more. In my relatively short investing life, I’ve never seen the outlook this grim. We can take solace in the fact that every pandemic in human history has ended, usually of […]

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