5 Top Weekly TSXV Stocks: ZEN Graphene Takes the Lead

Last week’s top-gaining TSXV stocks were ZEN Graphene Solutions, Rokmaster Resources, Royal Helium, Renaissance Oil and Eskay Mining.

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The S&P/TSX Venture Composite Index (INDEXTSI:JX) closed the final day of 2020 at 874.81, up from Monday’s (December 28) opening of 834.9. 

Since the start of the year, the index has increased about 50 percent, although it did experience a steep drop to around the 340 mark in mid-March along with global markets.

During last week’s short trading period, the gold price approached US$1,900 per ounce, but most of the biggest gainers on the TSXV are focused on assets not related to precious metals.

 

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The TSXV-listed mining stocks below saw the biggest share price moves last week:

• ZEN Graphene Solutions (TSXV:ZEN)
• Rokmaster Resources (TSXV:RKR)
• Royal Helium (TSXV:RHC)
• Renaissance Oil (TSXV:ROE)
• Eskay Mining (TSXV:ESK)

Here’s a look at what may have moved their share prices over the last five days.

1. ZEN Graphene Solutions

Graphene technology company ZEN Graphene Solutions creates graphene products using graphite sourced from its Albany graphite deposit in Ontario. ZEN describes Albany as “globally unique,” and the graphene products the company is able to create include graphene oxide and graphene quantum dots.

There were two pieces of news last week from ZEN. On Tuesday (December 29), it shared preliminary cytotoxicity results for its graphene-based antibiotic, antiviral and antifungal compound, and on Wednesday (December 30), the company granted stock options to directors, officers, employees and consultants. Its share price rose 80.81 percent to finish the period at C$3.58.