Investors drawn to oil and gas, mining stocks, TSX top 30 list shows

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The 2023 TSX 30 list is heavily dominated by the oil and gas sector, which make up 50 per cent of the list. Find out more.

Seven of the 30 companies on this year’s list are in the mining sector, something Anastasopoulos said is due to a surge of investor interest inthat are expected to play a key role in the energy transition. Metals and minerals such as copper, lithium and zinc are all seeing increased demand due to their use as components in batteries, electric cars and renewable energy infrastructure.

The company placed 14th on this year’s TSX 30 list due to its 498 per cent three-year share price appreciation. “You take a look at how many cars we have now that are electric, and this is just the beginning. The trend is not changing, and the trend is going to push the demand for these metals much higher and therefore the stocks are doing very well.”Article content

 

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