These Were The 50 Best-Performing Companies On The OTCQX Market In 2020

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

OTC Markets recently released its newest installment of the OTCQX Best 50 list. Released annually, the OTCQX Best 50 is a list of the 50 top-performing companies on the OTCQX Market, its top market tier. 

The OTCQX not only includes companies from the U.S. but from all over the globe. As such, companies featured on this list are also listed on various stock exchanges around the world.

The companies on this list are ranked based on their performance during the 2020 calendar year. In addition, the list is based on an equal weighting of one-year total return and average daily dollar volume growth.

According to OTC Markets, the 50 companies on the 2021 OTCQX Best 50 list traded an aggregate of $30.7 billion in dollar volume in 2020, delivering an average total return of 235% to investors.

Coming in as the top-performing company for 2020 is Canadian technology and advertising company AcuityAds Holdings Inc ACUIF; much of the company’s growth came during the last quarter of the year. 

The second top-performer for 2020 is mining company Nouveau Monde Graphite Inc NMGRF. Similar to AcuityAds, Nouveau’s also experienced the majority of its growth in the last quarter of the year.

Yet, Nouveau Monde Graphite is not the only mining company to grace this year’s list. In fact, half of the companies on the 2021 OTCQX Best 50 list belonged to the mining and resources industries. Among some of these companies were Skeena Resources Limited SKREF, Amex Exploration Inc. AMXEF, Calibre Mining Corp. CXBMF, and Neo Lithium Corp. NTTHF.

Two of the mining and resources companies on the list, K92 Mining Inc KNTNF and Teranga Gold Corporation TGCDF, made their third consecutive appearance on the OTCQX Best 50. 

In addition to K92 Mining and Teranga Gold Corporation, there are four companies from last year’s ranking that made their second appearance on this year’s list. These four companies are Chesapeake Gold Corp. CHPGF, Grayscale Bitcoin Trust (BTC) GBTC, H2O Innovation Inc. OTCQX: HEOFF), Skeena Resources Limited SKREF.

Two community banks, PB Financial Corporation PBNC and Peoples Financial Corp. PFBX were also featured on this year’s list.

Companies from emerging and trending sectors such as gaming, crypto, and cannabis also made an appearance on the Best 50 list. Among these companies were Bragg Gaming Group Inc. BRGGF, Columbia Care Inc. CCHWF, Planet 13 Holdings Inc. PLNHF Grayscale Digital Large Cap Fund LLC GDLC, HIVE Blockchain Technologies Ltd. HVBTF, and Hut 8 Mining Corp HUTMF.

Out of the 462 companies that were on the OTCQX at the time of ranking, the following criteria were applied in order to be eligible for the Best 50 list: companies were required to have a closing share price of at least $0.25 or greater on December 31, 2020, a closing share price on December 31, 2020, greater than on December 31, 2019, traded at least $500,000 in dollar volume for the year, not be a "penny stock" as defined under SEC Rule 3a51-1 of the Securities Exchange Act of 1934, and be a member of the OTCQX Composite Index.

Below is the complete list of companies on the 2021 OTCQX Best 50:

     
Rank Company Symbol
1 AcuityAds Hldgs Inc. ACUIF
2 Nouveau Monde Graphite Inc. NMGRF
3 Grayscale Digital Large Cap Fund LLC GDLC
4 HIVE Blockchain Technologies Ltd. HVBTF
5 PointsBet Holdings Limited PBTHF
6 Converge Technology Solutions Corporation CTSDF
7 Skeena Resources Limited SKREF
8 Bragg Gaming Group Inc. BRGGF
9 Nanoxplore Inc. NNXPF
10 VIQ Solutions Inc. VQSLF
11 Hut 8 Mining Corp HUTMF
12 Amex Exploration Inc. AMXEF
13 Calibre Mining Corp. CXBMF
14 Columbia Care Inc. CCHWF
15 IsoEnergy Ltd. ISENF
16 Lumina Gold Corp LMGDF
17 RIO2 Limited RIOFF
18 Neo Lithium Corp. NTTHF
19 Standard Lithium Ltd. STLHF
20 PB Financial Corporation PBNC
21 Mace Security International, Inc. MACE
22 Planet 13 Holdings Inc. PLNHF
23 TerrAscend Corp. TRSSF
24 Global Atomic Corp. GLATF
25 H2O Innovation Inc. HEOFF
26 Discovery Metals Corp DSVMF
27 K92 Mining Inc KNTNF
28 Xebec Adsorption Inc. XEBEF
29 Grayscale Bitcoin Trust (BTC) GBTC
30 Midas Gold Corp MDRPF
31 GoGold Resources, Inc. GLGDF
32 Anaconda Mining Inc. ANXGF
33 Ascot Resources Ltd. AOTVF
34 Almonty Industries Inc. ALMTF
35 Peoples Financial Corp. PFBX
36 Software AG STWRY
37 First Cobalt Corp FTSSF
38 Teranga Gold Corporation TGCDF
39 Critical Elements Lithium Corporation CRECF
40 SILVER ELEPHANT MNG CORP. SILEF
41 Next Green Wave NXGWF
42 POET Technologies Inc. POETF
43 Sabina Gold & Silver Corp SGSVF
44 Chesapeake Gold Corp. CHPGF
45 Adventus Mng Corp. ADVZF
46 Quarterhill Inc. QTRHF
47 Deep Yellow Ltd. DYLLF
48 Green Thumb Industries Inc. GTBIF
49 Drone Delivery CDA Corp TAKOF
50 Williams Industrial Services Group Inc. WLMS

 

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.

Posted In: calibre miningGrayscale Bitcoin Trustotc marketsskeena resourcesNewsSmall CapGeneral