The S&P / TSX Venture Exchange Composite Index was the strongest performing global index for H1 2016.
517 mining companies listed on the Toronto venture Exchange have at least doubled in 2016 so far.
TSX Venture Exchange rising strongly in H1 2016.
After so many lean years the bounce was always likely to be strong when it occurred, and so it has been for many companies listed on the TSX Venture Exchange.
The facts speak for themselves:
- In H1 2016, $5.3 billion was raised by TSX and TSX.V listed mining companies through 738 financings.( This represents 56% of the number of global mining financings globally)
The S&P / TSX Venture Exchange Composite Index was the strongest performing global index for H1 2016.
Every one of the top 10 performers on the S&P/TSX Composite Index so far in 2016 is a mining company, as are 18 of the top 20.*
In the first half of the year, the price of gold has increased 25% and silver 37%.
Source – TMX Group.