There have been 174 new listings on the Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSX-V) year-to-date ending 30 June.
Totalling 140, the bulk were on the TSX with mining companies leading the charge in terms of sectors with 24 listings, according to TMX Group’s The MiG Report.
The mining sector raised C$4.8 billion ($5.4 billion) in equity year-to-date (ending 30 June), almost twice as much as the next most active sector utilities and pipelines, which raised C$2.7 billion.
The average financing size on the TSX is C$30 million, substantially higher than the C$5.2 million average on TSX-V.
TMX (TSX:X) facilitates fully electronic trading on Canada’s premier equities exchanges TSX, TSX-V, and the TSX Alpha Exchange (TSXA).
Write to Adam Orlando at Mining.com.au
Images: TMX Group & iStock
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