Gold companies listed on the Venture and Toronto Stock Exchange with a market value of less than $2 billion have climbed on average 247 per cent this year
The largest shareholder in $1.69 billion McEwen Mining Inc., is betting his company and other smaller competitors will reap more gains from the next commodities upswing than debt-laden behemoths dominating the industry.
That trend has already begun. Gold companies listed on the Venture and Toronto Stock Exchange with a market value of less than $2 billion have climbed on average 247 per cent this year, while their larger peers are up 125 per cent, according to data compiled by Bloomberg.
Read the full article at: business.financialpost.com
