Tech companies surged on the TSXV, with an average share price growth of 178 percent.
The TSX Venture Exchange (TSXV) has released its yearly list of the 50 best-performing companies for 2024, and tech companies out west made a particularly strong showing.
The Venture 50 list ranks companies based on performance on the exchange for the past year across five sectors: technology; cleantech and life sciences; diversified industries; mining; and energy. The rankings are based on three key metrics: market capitalization growth, share price appreciation, and trading value.
BC and Ontario companies also dominated the TSXV’s cleantech and life sciences list.
Performance was especially strong for tech companies, according to the TSXV, with the sector seeing average share prices grow by 178 percent. Of the 10 technology companies on this year’s list, seven hail from British Columbia…
