Gold and Vanadium Take the Lead on 2019 OTCQX Best 50 List
Date: Jan 25, 2019
OTC Markets Group released its latest OTCQX Best 50 list, which ranks the top-performing companies on the OTCQX Best Marketplace in 2018.The top five resource companies to make the list were Largo Resources, Western Uranium & Vanadium, Midas Gold, Corvus Gold and Teranga Gold.
The companies, which represent a range of sectors, proved to be exemplary in their one-year total returns and average daily dollar volume growth.
In 2018, the Best 50 companies traded an aggregate US$19.3 billion in dollar volume and delivered an average total return of 21 percent to investors.
Released on Thursday (January 24), the list includes a number of companies from within the resource sector. Below we run through the top five in order of their appearance on the list.
Largo Resources (OTCQX:LGORF)
Largo’s Maracás Menchen mine totals 17,690 hectares and is located in the eastern Bahia State of Brazil. The mine is one of the highest-grade vanadium resources in the world and is one of the lowest-cost producers of the battery metal in the market.