OTC Markets Group Announces the 2017 OTCQX Best 50

NEW YORK, Feb. 2, 2017

The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market, based on an equal weighting of one-year total return and average daily dollar volume growth. Companies in the 2017 OTCQX Best 50 were ranked based on their performance during the 2016 calendar year. 

"We are pleased to congratulate our 2017 OTCQX Best 50 companies," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "Our annual ranking recognizes the outstanding companies that make up the OTCQX Best Market, issuers that are not only growing and enhancing shareholder value but are committed to providing an efficient and transparent market for their investors."

2017 OTCQX Best 50 Results
2017 OTCQX Best 50 companies traded an aggregate $3.4 billion in dollar volume in 2016. The companies delivered an average total return of 130%.

The #1 ranked company was Cordoba Minerals Corp. (TSX-V: CDB; OTCQX: CDBMF), a Canada-based mineral exploration company, which had a total return of 466%. This year's list includes a significant number of Canadian metal and mining companies, which was driven by the resurgence of the resource industry in 2016. The top performing U.S. based company at #3 was First Federal of Northern Michigan Bancorp, Inc (OTCQX: FFNM). Nine community banks were included in this year's list.

Five companies that were ranked on last year's OTCQX Best 50 remained on the list in 2017: adidas AG, (Frankfurt Stock Exchange: ADS; OTCQX: ADDYY/ADDDF), Citba Financial Corp. (OTCQX: CBAF), Nemaska Lithium, Inc. (TSX-V: NMX; OTCQX: NMKEF), Nexgen Energy (TSX-V NXE; OTCQX: NXGEF) and Pure Multi-Family REIT LP (TSX-V: RUF.U; OTCQX: PMULF).