Soaring Liquidity: 3 Canadian Stocks with Monthly Trading Volume Increases of Over 800%

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The companies on this list are somewhat special, due to a minor interest from the market to trade the stock. Ok, not minor – Very Major increase to trade the stock. In fact, the lowest traded security on today’s list increased in volume by 841% over last month. It should also be pointed out that the increase in volume was a positive result for the companies, as their share prices have all increased. 

Novadaq Technologies Inc (TSX: NDQ)

Novadaq Technologies Inc. develops and commercializes medical imaging and therapeutic devices for use in the operating room. The Company’s imaging platform can be used to visualize blood vessels, nerves and the lymphatic system during surgical procedures. It manufactures SPY systems, FIREFLY hardware components, and PINPOINT Systems at its manufacturing facility located in Richmond British Columbia. The Company’s SPY imaging core technology platform provides clinically anatomic and physiologic images during a variety of complex surgical procedures. The SPY technology platform allows for the development of specific devices based on the needs of the surgeon and the specific application. In May 2014, the Company acquired Aimago SA, a privately held medical imaging company.

Market Cap: $1,061,100,674
Volume Increase (1 month): 1024%
Price Increase (1 month): 10%

Artek Exploration Ltd (RTK.TO)

Artek Exploration Ltd. (Artek) is a Canada-based junior oil and gas company engaged in the exploration for, and the acquisition, development and production of, oil and natural gas reserves in western Canada. Artek’s principal properties include Peace River Arch, Alberta; Deep Basin, Alberta and British Columbia; Inga/Fireweed, British Columbia, and Central Alberta. Peace River Arch, Alberta consists of three exploration areas: Beaton, Dunvegan, Pouce Coupe. Deep Basin, British Columbia / Alberta consists of three exploration areas: Noel/Tupper, Elmworth, Sinclair. Inga/Fireweed, British Columbia consists of two exploration areas: Inga, Fireweed. Central Alberta consists of one exploration area: Leduc Woodbend.

Market Cap: $217,551,885
Volume Increase (1 month): 950%
Price Increase (1 month): 77%

Bacanora Minerals Ltd (BCN.V)

Bacanora Minerals Ltd. (Bacanora) is a Canada-based mineral exploration company. The Company is engaged in the exploration and development of industrial minerals in Mexico with a focus on Borates and Lithium. Its operating projects include two prospects namely a Lithium project in the Sierra Madre Occidental and a Colemanite Borate project in Magdalena de Kino. The Magdalena Borate Project consists of two concession blocks covering a total of approximately 15,500 hectares, which has a mineralization of boron mineral, colemanite (Ca2B6O11.5H2O), which contains up to 50% borate (B2O3). Colemanite is hosted in a Miocene-age sediment-volcaniclastic succession. The Sonora Lithium project is also located in Sonora State, Northern Mexico. The project area consists of five concession blocks which include Buena Vista, San Gabriel, Ventana, Fleur and El Sauz. Mineralisation includes clay zones of values from approximately 1700 to 9000 parts per million of lithium, which is lithium carbonate.

Market Cap: $112,425,650
Volume Increase (1 month): 841%
Price Increase (1 month): 44%

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