Today we have shortlisted 13 Canadian penny stocks across sectors that have reported stellar results, beating consensus earnings estimates of Bloomberg by a huge margin. Moreover, these stocks are also expected to report strong EPS growth rates for fiscal year 2014. During the past one month, some of the stocks have registered price gains with daily average trading volumes in excess of 100,000.
|
Company Name |
Ticker |
Exchange |
Sector |
Market Cap |
Last Price |
Average Volume |
Price Change (1-Month) |
Actual reported EPS Q3’14 |
Estimated mean EPS Q3’14* |
Earnings surprise % |
EPS growth 2014(E) |
|
Cequence Energy Ltd |
CQE |
TSX |
Energy |
299.7 |
1.42 |
764,463 |
-4.7% |
0.35 |
0.01 |
3400.0% |
4100.0% |
|
Richmont Mines Inc |
RIC |
TSX |
Basic Materials |
172.1 |
3.59 |
145,138 |
26.4% |
0.09 |
0.04 |
150.0% |
153.1% |
|
Long Run Exploration Ltd |
LRE |
TSX |
Energy |
553.4 |
2.86 |
1,271,959 |
-18.3% |
0.23 |
0.05 |
107.5% |
130.5% |
|
BlackPearl Resources Inc |
PXX |
TSX |
Energy |
547.1 |
1.63 |
318,694 |
-1.8% |
0.02 |
0.01 |
100.0% |
330.0% |
|
Pure Industrial Real Estate Trust |
AAR-U |
TSX |
Financial |
851.7 |
4.49 |
445,966 |
2.0% |
0.18 |
0.09 |
100.0% |
50.0% |
|
Gear Energy Ltd |
GXE |
TSX |
Energy |
242.9 |
3.43 |
393,324 |
-18.5% |
0.13 |
0.06 |
83.3% |
1785.0% |
|
OceanaGold Corp |
OGC |
TSX |
Basic Materials |
759.3 |
2.52 |
901,207 |
7.2% |
0.06 |
0.03 |
56.3% |
12.7% |
|
Klondex Mines Ltd |
KDX |
TSX |
Basic Materials |
229.6 |
1.89 |
402,601 |
-4.5% |
0.06 |
0.05 |
33.3% |
162.0% |
|
Rio Alto Mining Ltd |
RIO |
TSX |
Basic Materials |
974.3 |
2.94 |
1,796,323 |
8.5% |
0.08 |
0.06 |
31.1% |
22.1% |
|
Bankers Petroleum Ltd |
BNK |
TSX |
Energy |
1,130.3 |
4.33 |
1,932,858 |
-6.1% |
0.10 |
0.08 |
23.5% |
52.9% |
|
Chorus Aviation Inc |
CHR/B |
TSX |
Consumer Disretionary |
547.1 |
4.54 |
243,251 |
1.3% |
0.09 |
0.20 |
21.8% |
15.2% |
|
Lucara Diamond Corp |
LUC |
TSX |
Basic Materials |
928.5 |
2.45 |
455,360 |
6.1% |
0.11 |
0.09 |
18.3% |
48.2% |
|
Delphi Energy Corp |
DEE |
TSX |
Energy |
281.3 |
1.81 |
1,428,146 |
-21.6% |
0.08 |
0.07 |
14.3% |
233.3% |
Source: Bloomberg
* Bloomberg’s estimated mean EPS for Q3’14
Company Description
Cequence Energy Ltd (TSX: CQE)
Cequence Energy Ltd. is an oil and gas exploration and production company.
Richmont Mines Inc (TSX: RIC)
Richmont Mines, Inc. is a Canadian gold mining company. The company owns and operates mine properties located in Ontario and Quebec Canada.
Long Run Exploration Ltd (TSX: LRE)
Long Run Exploration Ltd. is an intermediate oil and natural gas company focused on the Western Canadian Basin.
BlackPearl Resources Inc (TSX: PXX)
BlackPearl Resources Inc. is an oil and gas exploration and development company. The company’s focus is heavy oil and oil sands assets located in western Canada.
Pure Industrial Real Estate Trust (TSX: AAR-U)
Pure Industrial Real Estate Trust (PIRET) is a real estate investment trust. The Trust acquires, owns, and operates a diversified portfolio of income producing industrial properties in both primary markets across Canada.
Gear Energy Ltd (TSX: GXE)
Gear Energy Ltd. provides oil exploration and production services. The company focuses on heavy oil production areas in eastern central Alberta and west central Saskatchewan.
OceanaGold Corp (TSX: OGC)
OceanaGold Corporation is a gold mining and exploration company. The company currently owns interests in projects in New Zealand and the Philippines.
Klondex Mines Ltd (TSX: KDX)
Klondex Mines Ltd. acquires, explores, and evaluates mineral properties. The company currently mines for gold in the State of Nevada.
Rio Alto Mining Ltd (TSX: RIO)
Rio Alto Mining Limited is a mineral exploration company. The company currently is focusing on the development of La Arena gold / copper project, located in north central Peru.
Bankers Petroleum Ltd (TSX: BNK)
Bankers Petroleum Ltd. is an oil and gas exploration and production company. The company has a working interest in the Patos-Marinza oil field in Albania.
Chorus Aviation Inc (TSX: CHR/B)
Chorus Aviation, Inc. operates a regional airline. The company offers scheduled air passenger services on behalf of Air Canada to destinations in Canada and the United States.
Lucara Diamond Corp (TSX: LUC)
Lucara Diamond Corporation is a diamond mining company. The company owns interests in diamond projects in Lesotho, Africa.
Delphi Energy Corp (TSX: DEE)
Delphi Energy Corp. acquires, explores, and develops oil and gas properties. The company’s operations are focused in northwestern Alberta and northeast British Columbia.
