Some companies on the list had debuted in public offerings with surging prices, then suffered setbacks before improving in recent years. These include Real Matters Inc, a tech provider for mortgage and insurance brokers, sustainable chemical company Ecosythetix Inc. and hydrogen fuel cell producer Ballard Power Systems Inc. They are ranked 16th, 14th and fourth, respectively.
The stock nearly hit $50 in February after a deal to power a demonstration train in Scotland. This month an agreement with Munich-based Quantron AG to develop electric trucks had less of an impact. Ballard closed at $19.65 yesterday.Article content More than half of the companies on the TSX30 list aren’t even on the S&P TSX Composite Index, showing the burgeoning performance of smaller companies. Eleven of the 30 used to be on the TSX Venture Exchange for startups.