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Home Copper

Koryx Copper named among Top 50 performers on TSX Venture Exchange

by editor
February 19, 2025
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Koryx Copper Inc. has been recognized as one of the top 50 performers on the TSX Venture Exchange for 2025, following a remarkable 400% surge in share price and a 737% increase in market capitalization in 2024.

The company ranked among the top 10 mining firms in the category.

Heye Daun, President & CEO of Koryx Copper, attributed the achievement to the company’s strategic execution and experienced team.

“We are very proud to be recognized as a Top 50 TSX Venture Exchange Company for 2025, especially given the significant corporate restructuring and repositioning undertaken in 2024. Looking ahead, we are fully funded and executing a transformative work program to fast-track our flagship Haib Copper Project. Our focus remains on de-risking and growing our assets while continuing to create value for shareholders,” Daun said.

The 50 companies on the TSX Venture 50 list recorded an average share price appreciation of 207% in 2024, a significant increase from 121% in 2023 and 73% in 2022.

Collectively, the group holds a combined market capitalization of $21.7 billion—an increase of over $16 billion within the year.

The TSX Venture 50 highlights the top 50 out of more than 1,600 issuers on the TSX Venture Exchange.

Eligible companies are ranked based on one-year share price appreciation, market capitalization growth, and Canadian consolidated trading value as of December 31, 2024.

Tim Babcock, President of TSX Venture Exchange, emphasized the importance of Canada’s natural resources and high-growth innovation sectors.

“With heightened demand for critical minerals, energy security, and advanced manufacturing, this year’s TSX Venture 50 showcases how TSXV is enabling Canadian businesses to raise capital, scale operations, and contribute to a secure and prosperous future for Canada,” Babcock said.

Koryx Copper Inc. is a Canadian copper development company focused on advancing its 100% owned Haib Copper Project in Namibia while expanding its copper exploration portfolio in Zambia.

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