Five B.C. companies make list of top performing TSX stocks

The 2023 TSX30 ranks stocks over a three-year period

For the second year in a row, the TSX30 was dominated by natural resource companies. The list ranks the top performing companies on the Toronto Stock Exchange over a three-year period. This year, two-thirds of the list was comprised of companies in the resource sector while 50 percent come from oil and gas.

Because it’s the TSX, it shouldn’t come as a shock that the majority of companies (27 out of 30) on the list are headquartered in Canada. The provincial breakdown also might not be surprising when you consider the industries that are well represented. A staggering 18 of the ranked firms are from Alberta, while five from B.C. made the list:

– Mining company Filo Corp. (3rd on the list, 1,217-percent revenue appreciation), which focuses its efforts on its Filo del Sol project located in Chile’s Region III and San Juan Province, Argentina.

– Mining company China Gold International Resources Corporation (4th, 703-percent revenue appreciation).

– Mining company Capstone Copper (6th, 624-percent revenue appreciation).

– Aptly named oil and gas exploration and production firm International Petroleum Corp. (22nd, 343-percent revenue appreciation).

– Mining company Teck Resources Limited (28th, 310-percent revenue appreciation).

“This year’s TSX30 emphasizes the critical role that Canadian resource companies continue to play at home and abroad, as well as the importance of oil and gas in the world’s energy mix for years to come,” said Loui Anastasopoulos, CEO, TSX, in a release.

“Canada has historically been a global leader in energy, and we are now establishing a similar position in energy transition. TSX will continue to be a platform for this emerging sector, enabling listed companies and investors to capitalize on the long-term growth opportunities related to energy transition, powering Canada’s economy for generations to come.”