Graduates
- There were 3 graduates to the Toronto Stock Exchange in February 2004, bringing the total number of YTD graduates to 5. These graduates represent 29.4% of the senior market's new listings this year compared to 35.7% for the same period last year.
- So far in 2004, 2 TSX Venture companies have been acquired/merged with TSX listed companies.
- As of the end of February, there were 492 financing deals on TSX Venture, raising a total of $746.2 million, an increase of 133.8% compared to last year's numbers of $319.1 million through 418 financing deals.
- Year-over-year, the average size of the financings increased from $0.76 million to $1.52 million, an increase of 100%.
- So far this year, the Mining sector is leading the way in financing, raising a total of $383.8 million (representing 51% of the total). The Oil & Gas sector is second with $197 million (representing 26% of the total). The Technology sector has captured 8% of the financing with $62.4 million raised.
- EuroZinc Mining Corporation, a mining company, completed the largest single financing in February, raising $30 million through a private placement deal. Silver Standard Resources, a gold and silver exploration company, completed the largest single financing year-to-date, raising $43.7 million through a private placement in January 2004.
- There were 11 new listings in the month of February. Year-to-date new listings have increased 214.3% compared to the same period in 2003.
- The Capital Pool program has generated 64% of the new listings, 18% have come from the Oil & Gas sector and 9% have come from the Technology sector.
- The regional breakdown of new listings is as follow: Alberta (36%), British Columbia (9%), Ontario (14%), Quebec (27%), Manitoba (5%) and Foreign (9%).
- As of February 27, 2004, there were 7 Reverse Take Over transactions, 6 Qualifying Transactions and 18 IPOs (including CPCs).
- The S&P/TSX Venture Composite Index closed at 1,889.31 on February 27, 2004. This represented an increase of 7.9% from the beginning of 2004. The S&P/TSX Composite Index was up 6.9%, the NASDAQ Composite was up 1.3% and the Dow Jones Industrial Average increased 1.2% since the beginning of January 2004.
- The market capitalization for TSX Venture Exchange equities was $24.30 billion as of February 27, 2004 - an increase of 9.5% from January 2004 and an increase of 103% from the same period last year.
TSX Group operates Canada's two national stock exchanges serving the senior equity and public venture equity markets as well as NGX Canada Inc., Canada's exchange for the trading and clearing of natural gas and electricity contracts. TSX are the initials attached to the core equity operations of the TSX Group (www.tsx.com): Toronto Stock Exchange, TSX Venture Exchange, TSX Markets, TSX Datalinx and TSX Technologies. TSX Group is headquartered in Toronto and maintains offices in Montreal, Winnipeg, Calgary and Vancouver.
