Well, it finally happened. The TSX Venture Composite dropped below 10 million shares in total daily volume. On November 24th, 2022, 9.69 million shares exchanged hands on the beleaguered exchange. While I’ve been tracking the decline in liquidity for years on the exchange, this sudden drop surprised me. Volume Drops 65% in 3 Days While […]
Venture capital is a tough racket. When liquidity dries up, valuations plummet, investors panic, and small and micro-cap stocks can go to zero. Moreover, they are often the first asset class to fall in a recession as investors shun their inherent risk. One look at the amount of capital raised on Canada’s TSX Venture Exchange, […]
In many respects, 2021 was a banner year for the TSX Venture as it regained some of its form from nearly a decade ago when capital was flowing across the exchange. This year, daily trading volume pushed up against the 100 million shares average mark for the first time since 2014 (roughly 94 million shares […]
The total volume of shares traded and financing activity on the TSX Venture recorded a steep decline month over month in July 2021. While par for the course in July, many wonder what will bring liquidity back to the table in September. With gold battered on the backs of weak, albeit still 13-year high inflation […]
The TSX Venture is having one of its best starts to the year yet, both in terms of average market capitalization and financing activity. Long-time readers will remember our research on seasonality factors that influence the TSX Venture. In a December 2020 article titled, “The Best Time to Buy the TSX Venture is Here,” we […]
As the bull market for gold continues, investors should remain cautiously optimistic as volatility will likely be a constant. For speculators, one potential way to mitigate risk during a positive gold price cycle is to target projects in well-developed gold mining regions. The location, if possible, should have long-established mining laws, a stable government, and […]
This past week has been a bloodbath for investors – especially when it comes to Canadian junior exchanges like the TSX Venture. With fears over the economic impact of coronavirus rising, the TSX Venture is experiencing historic capitulation, having fallen from 582.55 on February 21 to as low as 479.09 before closing at 495 on […]
Despite the fact that it appears to be losing momentum after December’s rally, the TSX Venture is off to a strong start so far in 2020. According to data from the TMX Group, total financings raised on the TSX Venture in January 2020 rose 24% in comparison to December 2019 – an increase of 59% from […]
Junior listed companies had disappointing IPOs across the board … […]
Find out what’s driving the hottest two metals in 2019… […]