The stocks on our list have average daily trading volume of over 1.5 million shares during the past five days with price gains of more than 10%
SmallCapPower | October 4, 2016: High trading volumes can mean that investors are buying or selling a particular stock because the company has released positive or negative news or the expectation of such an announcement. That being said, the stocks on our list today have experienced average daily trading volumes in excess of 1.5 million shares over the past five days with solid price increases to go along with it.
dynaCERT Inc. (CVE:DYA) – $0.24
Electrical Components & Equipment
dynaCERT Inc., formerly Dynamic Fuel Systems, Inc., is an energy sector company that specializes in delivering carbon emission reduction technologies to a global marketplace. The Company is engaged in the development of hydrogen generating systems designed for commercial use. Its technology creates hydrogen and oxygen on-demand through electrolysis and supplies these additives through the air intake to enhance combustion. The Company’s technology is in use with on-road, off-road, rail, marine and power generation applications. Its electrolysis system and electro chemical machining (ECM) provides the delivery of hydrogen (H2)/oxygen (O2) concentrations.
- Market Cap: $49.23 (mm)
- 5-day Average Trading Volume: 1,633,322
- 5-Day Stock Price Change: +42.4%
Maple Leaf Green World Inc. (CVE:MGW) – $0.41
Forest & Wood Products
Maple Leaf Green World Inc. (Maple Leaf) is focused on eco-agriculture and renewable energy in the environmental industry. The Company is seeking opportunities to obtain an Marijuana for Medical Purposes Regulation (MMPR) License from Health Canada and medical marijuana business in the State of California, the United States. Maple Leaf, along with its subsidiary, is engaged in exploring opportunities for its eco-agriculture nursery business, including medical marijuana in Canada and the United States, and its renewable energy business in China.
- Market Cap: $47.69 (mm)
- 5-day Average Trading Volume: 2,216,176
- 5-Day Stock Price Change: +26.2%
MEG Energy Corp. (TSE:MEG) – $5.93
Oil & Gas Exploration and Production
MEG Energy Corp. (MEG) is an oil sands company focused on sustainable in situ oil sands development and production in the southern Athabasca oil sands region of Alberta, Canada. MEG is engaged in developing enhanced oil recovery projects that utilize steam-assisted gravity drainage (SAGD) extraction methods. The Company has two commercial SAGD projects: the Christina Lake Project and the Surmont Project.
- Market Cap: $1,342.30 (mm)
- 5-day Average Trading Volume: 2,770,904
- 5-Day Stock Price Change: +13.4%
Trican Well Service Ltd. (TSE:TCW) – $2.69
Oil Related Services and Equipment
Trican Well Service Ltd. is a Canada-based oilfield services company that provides an array of specialized products, equipment, services and technology for use in the drilling, completion, stimulation and reworking of oil and gas wells in Canada, the United States, Kazakhstan, Russia and Norway, as well as limited operations in Saudi Arabia and Colombia. The Company operates through three divisions: Canada, the United States and International. The Canadian operations provide cementing, fracturing, coiled tubing, nitrogen, geological, acidizing, reservoir management, industrial cleaning and pipeline, and completion systems and downhole tool services. The United States operations provide cementing, fracturing, coiled tubing, nitrogen, acidizing and completion systems and downhole tool services. The International operations provide cementing, fracturing, coiled tubing, acidizing, nitrogen, and completion systems and downhole tool services.
- Market Cap: $519.63 (mm)
- 5-day Average Trading Volume: 1,882,811
- 5-Day Stock Price Change: +12.1%
