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Nevada Geothermal Power part of 2011 TSX Venture 50

Nevada Geothermal Power part of 2011 TSX Venture 50 Nevada Geothermal Power website snapshot
Alexander Richter 16 Feb 2011

The TSX Venture Exchange names Nevada Geothermal Power as one of the 2011 TSX Venture 50, a ranking of strong performers listed on the exchange in Toronto.

Announced by the Toronto Stock Exchange, the “TSX Venture Exchange named Nevada Geothermal Power Inc. (NGP) (TSX.V: NGP) as one of the TSX Venture 50, a ranking of strong performers listed on TSX Venture Exchange.

The 2011 TSX Venture 50 is comprised of ten companies from each of five sectors; Clean Technology, Mining, Oil & Gas, Diversified Industries, and Technology & Life Sciences.

“We are very pleased to be included as part of the TSX Venture 50 for the third time running,” said Brian Fairbank, President & CEO, NGP. “Our listing on the TSX Venture Exchange continues to provide us with a valuable environment to meet our financial objectives and goals for further growth.”

The 2011 TSX Venture 50 companies were chosen based on the following criteria, with equal weighting assigned to each: share price appreciation, trading volume, market capitalization growth and analyst coverage.

“Our market provides a unique growth opportunity for early stage companies, and we are very pleased to celebrate the success of these issuers,” said John McCoach, President, TSX Venture Exchange.”

Source: Trading Markets