Canopy Growth Corp. and Shopify lead the Toronto Stock Exchange’s inaugural list of top 30 performing stocks over the past three years.
The list based on dividend-adjusted share price appreciation features newer and established listed companies.
Canopy’s shares have appreciated by 1,823 per cent as of June 30, more than double fellow Ottawa-area firm Shopify Inc. at 883 per cent.
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Mining companies have the most names on the list, which also includes well-known firms such as Air Canada, CAE Inc., BRP Inc. and CargoJet Inc.
Thirteen of the companies are headquartered in Ontario, followed by five in Quebec, four in B.C., three in Alberta and two in Manitoba.
TMX Group says the TSX30 is a recognition of the most compelling success stories operating in traditional areas of strength like natural resources as well as new sectors like clean tech and cannabis.
