TSXV, the world's premier public venture capital market, to salute top-performing companies with virtual market open today
Representatives of the 2022 Venture 50™ companies will join TMX executives this morning for a virtual market open at
"We are honoured today to shine a light on the accomplishments of the 2022 Venture 50 winners, a diverse and dynamic group of top-performing
"On behalf of all of us at
The 2022 TSX Venture 50 winners were selected based on year-over-year performance across three equally-weighted criteria: growth in market capitalization, share price appreciation and value traded for the year ended
Other highlights from this year's ranking include:
- Over the past year, the 2022 Venture 50 companies created
CDN$13.6B of market capitalization and had an average share price appreciation of 293%. - The average company on the 2022 Venture 50 is 200% larger (based on market capitalization) than companies on the list from just 10 years ago; four companies each have market caps of greater than
CDN$1 billion . - Of the five industry sectors, mining companies on the 2022 Venture 50 list had the highest average share price increase (+572%) and market cap increase (+990%), driven by rising commodity prices and explosive growth in the battery metals sector.
For detailed results, ranking methodology, and thought leadership, visit: www.tsx.com/Venture50.
The top performing 2022 TSX Venture 50 companies from each industry sector are as follows:
Mining | Emerita Resources Corp. ( |
Clean Tech & Life Sciences | Sernova Corp. (SVA) |
Parkit Enterprise Inc. (PKT) | |
Energy | Reconnaissance Energy Africa Ltd. (RECO) |
Technology | Bitfarms Ltd. (BITF) |
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This news release is not, and should not be construed as an invitation to purchase the referenced securities or other securities listed on TSX or TSXV. TMX Group and its affiliates do not endorse or recommend any of the referenced securities nor should any statement in this news release be construed as advice regarding a broad investment strategy. Listing on TSX or TSXV does not guarantee the future performance of a security or an issuer. Please seek professional advice to evaluate specific securities.
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