TSX Venture

The TXS Venture is the junior market, composed largely of early stage companies that have minimal revenue and usually no earnings. For example, resource (pre-discovery) exploration companies list and raise funds for their exploration programs on the Venture Exchange. TSX Venture also has an index, which is a broad measure of the stock market performance of its largest companies, but it is far more speculative given the early stage nature of the companies that list on Venture.