“NorthWest Copper Takes TSXV By Storm: Stocks Soar Over 40 Percent in One Week!

The TSX Venture exchange in Canada is a great place to find small to mid-cap stocks that are looking to outperform their sector peers. Last week, the TSXV had five stocks that had a major uptrend in their price in a very short amount of time. Leading the way in terms of performance was Northwest Copper (TSXV: NWC), which saw an incredible 41.56% increase in price in one week. That was largely due to some strong financial results as the company reported fourth quarter financials with higher than expected earnings. Next up was Ucore Rare Metals (TSXV: UCU), which rose 10.61% over the course of the week. Their new mining operations have been highly successful and the company signed a major joint venture with Chevron that further increased their investment profile. Third on our list of top performers was North American Nickel (TSXV: NAN), which gained 10.53%. The company is well positioned to benefit from the current rise in nickel prices and recently announced an alliance with a major Chinese mining company that further strengthens their competitive edge. Fourth on our list of top performing TSXV stocks last week was Axeman Nickel (TSXV: AXM), which gained 8.62%. They have seen tremendous revenue growth this year and have several promising projects in the pipeline that are sure to drive their share price higher in the coming months. Finally, rounding out our list of top TSXV performers is FDN Ventures (TSXV: FDNV). This company operates primarily in the cannabis sector and is in the early stages of developing next-generation solutions for the industry. Despite being a relatively new entrant to the marketplace, FDNV has already gained 7.55% last week, signaling that they may have what it takes to become a major player. These five stocks all rose significantly in the span of a single week, and this is a great reminder of the potential that can be found on the TSXV exchange. While all five of these companies have seen strong performances in the short term, investors should do their own due diligence to ensure that they are investing in the right companies and understanding the long-term potential of their investments.