North American indices witnessed another week of losses ending the first month of 2014 on a negative note amid a healthy GDP growth of 3.2% registered in the U.S during the final quarter of 2013. The worries about European deflation, currency troubles in emerging markets and reduced Federal Reserve bond-buying pushed the investors to step back after a big run. The spot gold price declined 2.01% last week ending Friday at $1,244.55 an ounce.
Ubika Research has shortlisted eleven penny stocks trading below $1 across sectors which registered gains last week with higher market interest amid decline in equity indices and touching their intraday 52-week highs during the week. The 5-day average trading volumes of these stocks are significantly higher than their one month daily average trading volumes. The shortlisted stocks outperformed their respective indices during the week, recording price gains ranging from 19% to 92% with daily average traded volume in excess of 100,000.
Index Performance during the Past Week (January 27th 2014 – January 31st 2014)
| Index |
Last Index Value |
Value Change (5-Day) |
Average Volume |
Average Volume |
Volume Comparison* |
|
S&P 500 Index |
1,782.59 |
-0.43% |
607,863,302 |
540,843,725 |
12.4% |
|
NASDAQ Composite Index |
4,103.88 |
-0.59% |
555,457,267 |
500,036,132 |
11.1% |
|
Russell 2000 Index |
1,130.88 |
-1.16% |
284,754,237 |
266,530,100 |
6.8% |
|
S&P/TSX Venture Composite Index |
951.32 |
-1.65% |
61,743,268 |
61,358,681 |
0.6% |
|
S&P/TSX Composite Index |
13,694.94 |
-0.17% |
177,693,242 |
169,107,972 |
5.1% |
Stocks Performance
| Company Name |
Ticker |
Exchange |
Sector |
Market Cap |
Last Price |
Price Change (5-Day) |
Average Volume |
Average Volume |
Volume Comparison* |
52-Week High |
52-Week Low |
|
Great East Energy Inc |
GASE |
OTC BB |
Energy |
37.1 |
0.73 |
35.2% |
253,125 |
57,089 |
343.4% |
0.73 |
0.08 |
|
Biommune Technologies Inc |
IMU |
TSXV |
Healthcare |
7.1 |
0.31 |
24.0% |
156,000 |
38,933 |
300.7% |
0.33 |
0.16 |
|
Posera-HDX Ltd |
HDX |
TSX |
Financial |
17.8 |
0.37 |
19.4% |
252,585 |
76,782 |
229.0% |
0.40 |
0.11 |
|
LeoNovus Inc |
LTV |
TSXV |
Technology |
39.4 |
0.35 |
27.8% |
514,321 |
165,295 |
211.2% |
0.40 |
0.10 |
|
Primary Petroleum Corp |
PIE |
TSXV |
Energy |
40.0 |
0.27 |
28.6% |
3,973,434 |
1,288,192 |
208.5% |
0.35 |
0.06 |
|
Rupert Resources Ltd |
RUP |
TSXV |
Basic Materials |
10.3 |
0.19 |
23.3% |
109,200 |
36,869 |
196.2% |
0.20 |
0.06 |
|
Alter Nrg Corp |
NRG |
TSX |
Energy |
92.0 |
0.88 |
22.2% |
369,063 |
148,489 |
148.5% |
0.93 |
0.32 |
|
MedMira Inc |
MIR |
TSXV |
Healthcare |
49.0 |
0.13 |
66.7% |
1,123,748 |
520,584 |
115.9% |
0.14 |
0.05 |
|
Garibaldi Resources Corp |
GGI |
TSXV |
Basic Materials |
13.3 |
0.23 |
70.4% |
286,641 |
134,589 |
113.0% |
0.23 |
0.04 |
|
Doubleview Capital Corp |
DBV |
TSXV |
Financial |
6.6 |
0.23 |
91.7% |
1,392,468 |
662,062 |
110.3% |
0.26 |
0.04 |
|
China GengSheng Minerals Inc |
CHGS |
NYSE |
Industrial |
11.3 |
0.42 |
65.4% |
421,532 |
208,897 |
101.8% |
0.43 |
0.07 |
Source: Bloomberg
Market Cap & Last Price are in their respective currencies
*Volume Comparison: 5-Day average volume over 30-Day average volume
Company Description
Great East Energy Inc (OTC BB: GASE)
Great East Energy, Inc. is a development-stage natural gas company focusing on operating and developing natural gas properties located in Ukraine.
Biommune Technologies Inc (TSXV: IMU)
Biommune Technologies Inc is a private British Columbia company that was formed to commercially exploit a number of patents and patent applications that surround three technologies for the treatment of cancer. The first technology involves the discovery of HDACi’s (Histone Deacetylase); the second technology deals with Calcium Channels; and the third technology is called CD74.
Posera-HDX Ltd (TSX: HDX)
Posera-HDX, Ltd. offers a payment system for small purchases, and develops computer software for restaurants. The company produces point of sale systems for restaurants and bars that include labor management tools; table management tools; inventory management and ordering tools; funds transfer services; and accounts receivable reporting.
LeoNovus Inc (TSXV: LTV)
LeoNovus, Inc. develops browser-based internet software platform. The company designs platform and managed systems that provides access to contents and functionality available on the web without malware, security, and support issues of a PC.
Primary Petroleum Corp (TSXV: PIE)
Primary Petroleum Corporation explores for and produces oil and natural gas. The company owns interests in projects in the sedimentary basins of Western Canada and in the state of Montana, the United States.
Rupert Resources Ltd (TSXV: RUP)
Rupert Resources Ltd. is a gold exploration and development company. The company owns three gold properties in the Red Lake District in Ontario and the Surf Inlet gold property in British Columbia.
Alter Nrg Corp (TSX: NRG)
Alter NRG Corporation delivers alternate energy solutions. The company markets and sells plasma gasification technology and invests in alternative energy projects using gasification and gasification related technology to create saleable energy products. The company has operations in Canada and the United States.
MedMira Inc (TSXV: MIR)
MedMira Inc. is a medical biotechnology company that develops, manufactures, and markets a new generation of rapid diagnostic tests and instrumentation. The company’s products aid in the diagnosis of both infectious and non-infectious human diseases. MedMira’s products are marketed worldwide.
Garibaldi Resources Corp (TSXV: GGI)
Garibaldi Resources Corp. is a diversified mineral resource company. The company explores for and develops gold and silver prospects in Mexico.
Doubleview Capital Corp (TSXV: DBV)
Doubleview Capital Corporation is a capital pool company that seeks to acquire an operating business.
China GengSheng Minerals Inc (NYSE: CHGS)
China GengSheng Minerals Inc. develops, manufactures and markets a range of high-tech industrial material products, including monolithic refractories industrial ceramics, fracture proppants and fine precision abrasives. The company offers customized solutions and sells its products primarily to the iron and steel industry.
