Power Nickel Inc (TSX-V:PNPN, OTCQB:PNPNF) announced that it has been named one of the top 50 performers on the TSX Venture Exchange (TSXV) for 2024, achieving an impressive 365% share price increase over the year.
The company, which is advancing the Nisk polymetallic project in Quebec, was ranked as the top mining stock and secured the fourth spot overall.
"We are very proud to be recognized as a Top 50 TSX Venture Exchange Performer for 2024. Finally, a great year for our most deserving shareholders!” CEO Terry Lynch said in a statement.
“Last year we proved the Lion Zone was something special, 2024 was a great run but we are looking forward to doing better in 2025. We are fully funded and doubling our exploration programs and if you asked our tremendous scientific team I think they would all feel this discovery is just getting going.”
The TSX Venture 50 highlights the strongest performers among more than 1,600 TSXV-listed companies.
This year’s group delivered an average share price gain of 207%, up from 121% in 2023 and 73% in 2022, and collectively grew their market capitalization by over $16 billion to reach $21.7 billion.