In a news release, Outcrop Gold Corp. (OCG:TSX.V; MRDDF:OTCPK; MRG1:DB) announced that "it has been named to the 2021 TSX Venture 50, a ranking of top performing companies traded on the TSX Venture Exchange."
The company advised that it was ranked fourth on the list for firms active in the Mining Sector, having increased its market cap by 1,381% and its share price by 392% during 2020.
Outcrop Gold explained that the TSX Venture 50 is an annual program featuring the top performing listed companies across five industry sectors including Mining, Energy, Clean Technology and Life Sciences, Diversified Industries and Technology. The firm advised that the winners from each of the five categories were chosen based on three equally weighted criteria listed as "market capitalization growth, share price appreciation and trading volume for the year ended December 31, 2020."
The company's President and CEO Joe Hebert remarked, "We are honored to be recognized by the TSX Venture as a top 10 Company in our sector. We have worked hard to deliver value through drilling multiple discoveries during 2020 at Santa Ana in Colombia. In 2021, we look forward to establishing Santa Ana as a world-class silver district, advancing other projects in our portfolio and continuing to leverage the excellent platform provided to us by the TSX."
Outcrop Gold is an active prospect generator focused on acquiring gold and silver exploration projects. The firm presently has seven primary projects in Colombia.
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