Gratomic Inc. (TSX-V:GRAT, OTCQX:CBULF) said it has been selected by the 2022 TSX Venture 50 program as one of the top 10 performing mining stocks on the TSX Venture Exchange, ranking in third place.
The exchange currently hosts over 1,600 companies, including more than 240 mining companies, which highlights the significance of this achievement for the company.
Gratomic noted that companies selected by the TSX Venture 50 tend to be actively traded in the market, experience tremendous growth, and offer excellent returns to their shareholders and stakeholders.
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Over the past several months, Gratomic said it has maintained a stable share price and continues to deliver on fundamental achievements as developments unfold.
For example, the company experienced a 306% share price appreciation and 681% market-cap growth during 2021.
"Gratomic has experienced a tremendous 2021 and we are proud to have our hard work recognized by this esteemed award," said Gratomic CEO Arno Brand in a statement. "We look forward to a very busy and productive 2022 and maximized returns for our valued shareholders."
TSX Venture 50 is an annual ranking of the top performers of the past year on TSX Venture Exchange, the world-leading capital formation platform for early-stage growth companies.
Each year, 10 companies are selected from five key sectors, based on their performance across three equally weighted criteria -- market cap growth, share price appreciation, and trading and liquidity.
Gratomic is a multinational company with projects in Namibia, Brazil, and Canada and is focused on becoming a leading global graphite supplier and aims to secure a strong position in the electric vehicle battery supply chain.
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