Analysts, for one reason or another, have significantly increased their estimated Earnings PerShare (EPS) targets for the following Canadian small cap stocks, this compared with each company’s last reported EPS. Generally, this would signal either a very strong (earnings generated) news release, or the start of profitability.
Kelt Exploration Ltd. (TSX: KEL)
Kelt Exploration Ltd. is a Canada-based oil and gas company. Kelt is focused on exploration, development and production of crude oil and natural gas resources, primarily in west central Alberta and northeastern British Columbia. The Company’s land holdings are located in three core areas: a natural gas property at Grand Cache, Alberta, a liquids-rich natural gas property at Inga, British Columbia, and an oil prospect at Karr, Alberta.
Market Cap: $1,046,472,087
EPS Upgrade: 321%
Price Change (1 month): 32%
Richmont Mines Inc. (TSX: RIC)
Richmont Mines Inc. is engaged in activities related to the acquisition, exploration, development and operation of mineral properties. The Company produces gold from the Island Gold Mine in Ontario, and the Beaufor Mine, Monique Mine and the W Zone Mine in Quebec. Richmontis advancing the Island Gold Deep project beneath the Island Gold Mine in Ontario.
Market Cap: $230,896,756
EPS Upgrade: 165%
Price Change (1 month): -9%
CRH Medical Corp. (TSX: CRH)
CRH Medical Corporation is a North American company focused on providing physicians with innovative products for the treatment of gastrointestinal diseases. The Company’s distribution strategy focuses on physician education, patient outcomes, and patient awareness. CRH creates meaningful relationships with physicians. The Company’s first, and currently only product, the CRH O’Regan System, is a single use, disposable, hemorrhoid technology that is safe and highly effective in treating hemorrhoid grades I – IV.
Market Cap: $214,937,296
EPS Upgrade: 138%
Price Change (1 month): 68%
