Composite Index is down more than 70 per cent from its March 2011 highs
TORONTO – The commodity downturn has dealt a blow to the TSX Venture Exchange, a marketplace for emerging companies, in recent years.
Lagging prices for gold, oil and other resources have left investors wary of financing junior mining and energy companies, which make up about 70 per cent of the listings on the exchange.
The S&P/TSX Venture Composite Index is down more than 70 per cent from its March 2011 highs, despite a rally in commodity prices that has boosted it nearly 30 per cent this year.
