A sudden increase in trading volume along with an increase in price is often the beginning of an uptrend for a particular stock. SmallCapPower has recently shortlisted four companies on the TSX Venture exchange that have seen its daily trading volume jump past one million shares during the past month.
Patient Home Monitoring Corp (TSXV: PHM)
Patient Home Monitoring Corp. provides and rents in-home monitoring equipment, supplies, and services for patients in the United States. It offers diabetic testing supplies and other medications, power mobility equipment, home durable medical equipment, and respiratory services. The company is headquartered in Sherman Oaks, California.
- Market Cap: $280.38 million
- Average 30-day Volume: 3,332,880
Madalena Ventures Inc (TSXV: MVN)
Madalena Energy Inc. explores, develops, and produces crude oil, natural gas liquids, and natural gas. The company primarily operates in the Greater Paddle River area of west-central Alberta, Canada. It also holds approximately 132,200 net acres on the CoironAmargo, Curamhuele, and Cortadera blocks within the Neuquén basin in Argentina.
- Market Cap: $183.53 Million
- Average 30-day Volume: 1,333,990
Petroamerica Oil Corp (TSXV: PTA)
Petroamerica Oil Corp., together with its subsidiaries, is engaged in the acquisition, development, exploration, and production of oil and gas properties in Colombia. The company holds interests in the Los Ocarros, LLA-10, El Eden, El Porton, and Balay blocks covering approximately 273,000 net acres of land located in the Llanos Basin. Petroamerica Oil Corp. is headquartered in Calgary, Canada.
- Market Cap: $109.06 Million
- Average 30-day Volume: 1,625,500
TheScoreInc (TSXV: SCR)
theScore Inc., a digital media company, creates mobile-first sports experiences primarily in Canada. It owns and operates mobile sports platforms, including theScore, theScoreeSports, and ScoreMobileFC; and daily fantasy sports game, Swoopt. The company offers a combination of real-time news, scores, fantasy information, and alerts through mobile platforms. It also licenses its mobile applications.
- Market Cap: $161.73 million
- Average 30-day Volume: 1,028,910
