Tech startups, miners score big points on TSX Venture 50 list

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Technology and mining companies topped this year’s TSX Venture 50 list amid the ongoing push for a piece of the energy transition, the latest edition of the ranking shows.

“The broader diversity of the venture market continues,” said Tim Babcock, president of the TSX Venture Exchange, X-T in an interview.

“There are times where we are seeing innovation sectors be hotter in the market, be more interesting for investors,” he said. “Then, at times, mining is more interesting.”

The TSX Venture 50 list, released on Wednesday, showcases small-cap issuers across energy, mining, clean technology and life sciences, diversified industries, and technology.

The companies are ranked by their 2024 performance in three areas: market capitalization growth, share price appreciation and Canadian consolidated trading value.

Collectively, the TSX Venture 50 companies had a combined market capitalization of $21.7 billion as of the end of last…

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