TSX Venture Exchange today announced its 2011 TSX Venture 50, a ranking of strong performing companies listed on TSX Venture Exchange.
The 2011 TSX Venture 50 is comprised of ten companies from each of five sectors; Clean Technology, Mining, Oil & Gas, Diversified Industries, and Technology & Life Sciences.
"Our market provides a unique growth opportunity for early stage companies, and we are very pleased to celebrate the success of these issuers," said John McCoach, President, TSX Venture Exchange.
The 2011 TSX Venture 50 companies were chosen based on the following criteria, with equal weighting assigned to each: share price appreciation, trading volume, market capitalization growth and analyst coverage.
The year's top ranked company is: Copper Fox Metals Inc. (CUU), a Vancouver-based mining company.
The top ranked companies from the five industry sectors are:
Clean Technology: AgriMarine Holdings Inc. (FSH)
Diversified Industries: Western Energy Services Corp. (WRG)
Mining: Copper Fox Metals Inc.(CUU)
Oil & Gas: Xcite Energy Limited (XEL)
Technology & Life Sciences: Titan Medical Inc. (TMD)
View the 2011 TSX Venture 50 rankings list and methodology.
The 2,154 companies listed on TSX Venture Exchange as of December 31, 2010 were analyzed according to the following measures to determine the 2011 TSX Venture 50: Listed on TSX Venture Exchange (not NEX) on December 31, 2010; market capitalization greater than C$5 million on December 31, 2010; Closing share price greater than $0.25 on December 31, 2010; share price of at least C$0.10 on December 31, 2009; Listed on TSX Venture Exchange more than one year as of December 31, 2010.
2011 TSX Venture 50 Conference
Date: Thursday, March 31, 2011
Location: TMX Broadcast Centre
130 King Street West
Toronto, Ontario
Time: 2:00 p.m. EST
An event will be held to celebrate the 2011 TSX Venture 50. Awards will be presented to the Top 50 companies, and brief presentations will be made by representatives from the top company in each sector. The event will also feature a panel of sector analysts who will discuss recent industry trends. The event will conclude with a networking reception.