Three companies of Quebec origin appear in the list of the thirty best performing stocks for three years on the Toronto Stock Exchange.
Posted at 4:10 p.m.
Announced Thursday, this list dubbed “TSX 30” is an annualized list of companies whose shares listed on the Toronto Stock Exchange show the best performance over three years, based on the evolution of their course as well as the dividends paid to shareholders.
The 2022 edition of the TSX 30 shows an average return of 301% over three years, measured as of June 30. Also, this edition of the TSX 30 stands out for the strong stock market resurgence of companies in the oil and gas sector, which occupy 14 of the 30 positions on the list.
Nevertheless, three companies of Quebec origin that are not in this sector were able to register in the 2022 edition of the TSX 30 list.
At 9e ranking, with a stock market return of 353% in three years, is PyroGenesis Canada. This Montreal-based technology company develops and markets industrial plasma processes in North America and overseas.
As of June 30, the reference date of the TSX 30, PyroGenesis had a market capitalization of 423 million, compared to 76 million three years earlier.
Then at 18e rank in the rankings with a return of 245% in three years is the mining company Aya Or & Argent, whose head office is in Montreal. This company which exploits deposits of precious metals in Morocco was valued at 688 million on June 30, compared to 148 million three years earlier.
Finally, at 29e Ranking on the most recent TSX 30 charts, with a stock market return of 175% in three years, is trucking giant TFI International. This continental-scale company, whose head office is located in the borough of Saint-Laurent in Montreal, was valued at 9.35 billion as of June 30, compared to 3.34 billion three years earlier.