Ubika Research has picked eight Canadian basic materials and mining stocks which appear to be highly profitable as observed in their return on equity, return on capital employed and return on assets. We note that all the shortlisted stocks have double digit profitability ratios of over 10%. Additionally, these stocks have recorded double digit gains during the past three months with average daily traded volume in excess of 100,000.
|
Company Name |
Ticker |
Exchange |
Market Cap |
Last Price |
Average Volume |
Price Change |
Return On Capital Employed* |
Return On Assets* |
Return On Equity* |
|
Dynacor Gold Mines Inc |
DNG |
TSX |
59.9 |
1.65 |
147,326 |
12.2% |
35.8% |
28.2% |
36.1% |
|
Mandalay Resources Corp |
MND |
TSX |
278.0 |
0.86 |
428,581 |
16.2% |
33.3% |
26.4% |
34.2% |
|
Athabasca Minerals Inc |
ABM |
TSXV |
52.7 |
1.63 |
104,551 |
10.1% |
66.5% |
15.8% |
31.2% |
|
Lucara Diamond Corp |
LUC |
TSX |
576.5 |
1.53 |
923,441 |
19.5% |
27.5% |
22.3% |
31.2% |
|
Silvercrest Mines Inc |
SVL |
TSXV |
233.1 |
2.14 |
211,069 |
15.7% |
26.7% |
21.7% |
29.8% |
|
Western Forest Products Inc |
WEF |
TSX |
934.8 |
2.39 |
3,040,505 |
60.4% |
28.1% |
14.3% |
26.2% |
|
Rye Patch Gold Corp |
RPM |
TSXV |
25.6 |
0.18 |
132,317 |
34.6% |
26.3% |
24.4% |
25.7% |
|
Orvana Minerals Corp |
ORV |
TSX |
88.8 |
0.65 |
143,400 |
56.6% |
18.7% |
11.4% |
22.9% |
Source: Bloomberg
*Returns are calculated on the basis of trailing twelve months income
Company Description
Dynacor Gold Mines Inc (TSX: DNG)
Dynacor Gold Mines, Inc. explores for gold and copper in Peru.
Mandalay Resources Corp (TSX: MND)
Mandalay Resources Corp is a Canadian-based natural resource company with producing assets in Australia and exploration projects in Chile. The company is focused on advanced or in-production gold, copper, silver and antimony projects in Australia and the Americas.
Athabasca Minerals Inc (TSXV: ABM)
Athabasca Minerals Inc. is a Canadian mineral exploration and management company that focuses on the exploration, development, and management of mineral resources that exist in north-eastern Alberta. The company currently operates the Susan Lake Gravel Pit and holds Alberta Metallic and Industrial Mineral Permits in the Fort McMurray region.
Lucara Diamond Corp (TSX: LUC)
Lucara Diamond Corporation is a diamond mining company. The company owns interests in diamond projects in Lesotho, Africa.
Silvercrest Mines Inc (TSXV: SVL)
SilverCrest Mines Inc. is producing silver and gold mining company with a portfolio of precious metals deposits as exploration properties in Mexico. The company’s long term initiative is to further develop existing properties, acquire additional properties and continue to grow our silver & gold production.
Western Forest Products Inc (TSX: WEF)
Western Forest Products Inc. is an integrated forest products company and a coastal woodland operator located in British Columbia, Canada. The company’s activities include timber harvesting, reforestation, sawmilling logs into lumber and wood chips, value-added remanufacturing, and producing NBSK pulp. Western Forest’s products are sold in various countries worldwide.
Rye Patch Gold Corp (TSXV: RPM)
Rye Patch Gold Corporation is a mineral exploration company. The company is developing its primary asset – the Wilco project – located within the Humboldt Gold Trend in west-central Nevada.
Orvana Minerals Corp (TSX: ORV)
Orvana Minerals Corporation explores for and produces gold and copper. The company operates the El Valle-Boinas/Carles gold-copper project in northern Spain, the Don Mario Mine in eastern Bolivia, and the Copper wood copper project in the Upper Peninsula of Michigan in the United States.
