Rift Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
EMP.A | B | Empire Company Limited | -0.47 | |
TH | D | Theratechnologies Inc. | -0.59 | |
DYG | F | Dynasty Gold Corp. | 3.85 | |
AFE | F | Africa Energy Corp. | 0.00 | |
AOI | F | Africa Oil Corp. | -2.23 |
Related Industries: Biotechnology Gold Grocery Stores Oil & Gas E&P
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
XST | D | iShares S&P/TSX Capped Consumer Staples Index ETF | 5.35 | |
ZLB | C | BMO Low Volatility Canadian Equity ETF | 3.76 | |
FXM | B | First Asset Morningstar Canada Value Index ETF | 3.36 |
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- Rift
In geology, a rift is a linear zone where the lithosphere is being pulled apart and is an example of extensional tectonics.Typical rift features are a central linear downfaulted depression, called a graben, or more commonly a half-graben with normal faulting and rift-flank uplifts mainly on one side. Where rifts remain above sea level they form a rift valley, which may be filled by water forming a rift lake. The axis of the rift area may contain volcanic rocks, and active volcanism is a part of many, but not all, active rift systems.
Major rifts occur along the central axis of most mid-ocean ridges, where new oceanic crust and lithosphere is created along a divergent boundary between two tectonic plates.
Failed rifts are the result of continental rifting that failed to continue to the point of break-up. Typically the transition from rifting to spreading develops at a triple junction where three converging rifts meet over a hotspot. Two of these evolve to the point of seafloor spreading, while the third ultimately fails, becoming an aulacogen.
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