“TSXV Sensation Alert! Rugby Resources Soars 75% in Just One Week

Investors looking for weekly stocks that offer the most return continue to search for the five top Weekly Toronto Stock Exchange Venture Stocks (TSXV). The numbers over the past week have shown Rugby Resources (TSXV:RUG) as a leader among these stocks, surging seventy-five percent (75%). Rugby Resources, the company leading TSXV stocks this week is an oil and gas company with operations in NorthMid America, facilitated through production, development and exploration. Their headquarters are located in Calgary, Alberta and their operations are concentrated in the legendary Central Plains of North America. The company is focused on operating, developing, and exploring resource plays across a varied domestic landscape in areas of high activity on multiple fronts. The exceptional seventy-five percent (75%) surge in Rugby Resources gives it the role of leader in the TSXV market, with a stock close of $0.45 per share on Friday. This high rate of return can be attributed to the company’s announcement on Monday, June 22nd, that it has secured a two hundred and ninety million dollar ($290M) acquisition of natural gas assets in Alberta and Saskatchewan. The injection of new capital into the company has triggered investor confidence, leading to an increase in the stock’s value. Moreover, Rugby Resources is in the business of oil and gas exploration and production, with a well-developed infrastructure and operational base. This allows them to focus their efforts on delivering consistently satisfactory results both in terms of financial and operational returns. As a result, the stock is continuing to attract potential investors sporadically. The remaining four top Weekly Toronto Stock Exchange Venture Stocks (TSXV) have also seen impressive returns. Aura Resources Inc. (TSXV:AUU) closed on Friday at $0.03, 63% higher than its opening price. Flare Capital Corp (TSXV:FLR) closed at $0.47 on Friday, an incline of 57%. Bonterra Energy Corp (TSXV:BNE) also saw a 45% return, with a stock close of $3.05 and, lastly, Plains Midstream Canada (TSXV:PAK) ended at a 9% return at $0.33 per share. In conclusion, investors should disclose all details related to weekly stocks before investing as these opportunities were dependent on some conditions. Furthermore, it is important to recall that outperforming and disappointing results can be experienced in equal measure. As a result, exercising caution in terms of personal investment decisions is highly recommended.