Q2 Metals (TSX-V:QTWO) has taken out ninth place in the TSX Venture 50 after witnessing a three-fold increase in its share price and nearly five-fold spike in its market capitalisation in 2024.
Last year, the Vancouver-based company’s share price rallied 214%, while its market capitalisation grew 380% on the TSX Venture Exchange.
The TSX Venture 50 is an annual ranking of the top 50 performers of the over 1,600 issuers on the Canadian bourse from the past year. The ranking is based on three equally weighted criteria: market capitalisation growth, share price appreciation and trading value.
CEO Alicia Milne says for Q2 Metals to be included on this list at a time where lithium sentiment is at or near its bottom speaks not only to the team’s focus but also the quality of the discovery made at the Cisco Lithium Project last year.
The project spans 39,389 hectares and is located within the greater Nemaska traditional territory of the Eeyou Istchee Territory in the James Bay region of Québec.
Top results from the 2024 drilling program included 120.3m @ 1.72% lithium, 215.6m @ 1.69% and 347.1m @ 1.35%.
Mineralisation starts at surface and on average continues to a depth of 400m, remaining open in several directions.
The company will be exhibiting at this year’s Prospectors & Developers Association of Canada (PDAC) event being held from 2-5 March in Toronto, Canada.
Mining.com.au is an official media partner for the upcoming event.
To register for PDAC 2025 click here.
Write to Angela East at Mining.com.au
Images: Q2 Metals
