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TSX Venture Exchange recognises Koryx Copper as one of 2025 top performer

by Editor
February 19, 2025
in News
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I will look for new mining opportunities: Heye Daun
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Koryx Copper Inc. has been recognized as one of the 2025 top 50 performers on the TSX Venture Exchange, based on an outstanding 400% share price appreciation and 737% market capitalization growth in 2024.

The company was ranked among the top 10 mining companies in the category.

The 50 companies on the list delivered an average share price appreciation of 207% to investors in 2024, up from 121% in 2023 and 73% in 2022.

In addition, the group holds a combined market capitalization of US$21.7 billion—an increase of over US$16 billion over the year.

The 2025 TSX Venture 50 showcases the top 50 of over 1,600 TSXV issuers. Eligible listed issuers are ranked based on three equally weighted criteria: one-year share price appreciation, market capitalization increase, and Canadian consolidated trading value as of December 31, 2024.

Koryx Copper president and CEO Heye Daun expressed excitement about the recognition, especially given the company’s significant corporate restructure and repositioning in 2024.

Daun said the award is a testament to the team’s experience and capabilities in execution, as they achieved 400% in share price appreciation and 737% in market cap growth in 2024. 

“Looking forward to 2025, we are fully funded and executing a transformative work program to fast-track our flagship Haib Copper Project. We remain focused on de-risking and growing our assets while creating value for shareholders,” Daun said.

TSX Venture president Tim Babcock said the performance of the TSX Venture 50 underscores the strategic importance of Canadian natural resources and high-growth innovation.

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

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