OTC Markets Group Inc has revealed the best-performing securities on the OTCQX for the 2023 calendar year.
The OTCQX Best 50 is an annual ranking of the top 50 companies traded on the OTCQX Best Market based on equal weighting of one-year returns and average daily dollar volume growth.
These top companies traded a combined volume of $11.4 billion in total and delivered a median total return of 77%.
The median market cap for the companies ranked in this year’s list was more than $186 million and among them were 10 companies with a market cap greater than $1 billion.
Bravo Mining Corp, a Canada and Brazil-based mineral exploration and development company focused on battery and precious metals took the crown for this year, trading under the ticker BRVO.
High performance during challenging year
“We congratulate this year’s OTCQX Best 50 companies on their ability to achieve a high level of performance during another challenging year for market conditions,” executive vice president of Corporate Services at OTC Markets Group Jason Paltrowitz said.
“This year’s roster represents a diverse set of industries and geographies that clearly demonstrate the value global cross-border trading can provide for companies.”
The top 50 consisted mostly of US and Canadian-based companies, accounting for 41 of the total.
Three ASX-listed mining companies made the cut, including:
- 30 - Hard rock lithium-focused Patriot Battery Metals Inc;
- 34 - Iron ore miner Champion Iron Ltd; and,
- 42: Uranium-focused Boss Energy Ltd.
OTCQX Best 50:
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