“Go Wild with These 5 TSXV Stocks: 100 Percent Gains on Bayhorse Silver!

The TSX Venture Exchange, or TSXV, is often viewed as the best way to invest in new companies or small-cap stocks. And with a more than 2,000% surge in activity this year, it’s clear that many investors are starting to get on board. One of the best-performing stocks on TSXV this week was Bayhorse Silver (TSXV: BHS), which soared over 100% in the last five days. This stock has gone from being virtually unknown to one of the hottest commodities on the market. So what makes Bayhorse Silver such a high-performing stock? Well, for starters, the company recently announced the results of its first drill program at its flagship Bayhorse Silver Project in Oregon. Excitingly, the results showed numerous silver-bearing veins and large iodide-bearing disseminated breccias. Bayhorse Silver reported that the mineralization is associated with dolomite and quartz breccia alteration, and that the stock is a direct development-stage play on silver. This precious metal has seen an incredible surge in its spot price in 2020, as investors have searched for a safe-haven asset during the pandemic. Some of the other top stocks on the TSXV this week include Osisko Gold Royalties Ltd (TSX: OR) and Canada Nickel (TSXV: CNC). Both stocks saw solid gains in the past five days, as investors continued to remain bullish. Osisko Gold Royalties is up more than 20% this week, thanks to a series of positive news releases from the company. This included an exploration agreement with a focus on the Red Lake Province, as well as a strategic stake in Amex Exploration. Canada Nickel, meanwhile, also saw a strong 11% gain over the same period. This was due to the company’s recent announcement that it has completed its advanced strategic option review and plans to focus its efforts on developing the Crawford Nickel-Cobalt Sulphide project. Overall, it’s been an eventful week for TSXV stocks, with Bayhorse Silver leading the charge. With its first drill program results showing higher silver content and a hot spot for development, this stock could be a great addition to any investor’s portfolio. Meanwhile, other gold and nickel stocks have seen decent gains this week, with Osisko Gold Royalties and Canada Nickel taking the spotlight. If you’re thinking about getting into the TSXV game, now could be a great time to do your research and make a move. With the precious metals market on a great trajectory and developments happening across the board, these stocks could be worth a long-term look.