Ubika Research has shortlisted ten stocks which have high current and operating cash flow ratios reflecting healthy liquidity position. Moreover, these companies have a high proportion of cash and cash equivalents with respect to their market cap as per their latest reported quarter. The shortlisted stocks have a cash ratio of more than 1 which indicates the company’s ability to survive during unexpected contingencies. During the past three months, these stocks have accumulated gains with average daily traded volume in excess of 100,000 shares.
|
Company Name |
Exchange |
Ticker |
Market Cap |
Last Price |
Average Volume |
Price Change |
Cash and Cash Equivalents (MM) |
Current Ratio |
Operating Cash Flow Ratio* |
Cash Ratio# |
Cash to Market Cap Ratio |
|
SIGA Technologies Inc |
NASDAQ |
SIGA |
177.6 |
3.35 |
220,399 |
0.9% |
105.2 |
8.3 |
4.6 |
6.1 |
59.2% |
|
Avcorp Industries Inc |
TSX |
AVP |
39.3 |
0.14 |
174,949 |
33.3% |
21.4 |
2.5 |
1.2 |
1.1 |
54.5% |
|
GigOptix Inc |
NYSE |
GIG |
51.4 |
1.64 |
335,107 |
21.5% |
20.4 |
6.4 |
1.3 |
4.3 |
39.6% |
|
Capstone Mining Corp |
TSX |
CS |
1,185.2 |
3.12 |
2,250,179 |
13.5% |
457.0 |
12.7 |
1.4 |
11.1 |
38.6% |
|
Nevsun Resources Ltd |
TSX |
NSU |
908.8 |
4.56 |
1,015,236 |
34.9% |
290.2 |
12.2 |
1.0 |
9.6 |
31.9% |
|
LRAD Corp |
NASDAQ |
LRAD |
68.9 |
2.08 |
139,151 |
16.9% |
18.1 |
14.3 |
1.3 |
10.0 |
26.2% |
|
Kingold Jewelry Inc |
NASDAQ |
KGJI |
116.7 |
1.80 |
182,232 |
8.4% |
23.3 |
15.5 |
1.3 |
1.8 |
20.0% |
|
Diana Containerships Inc |
NASDAQ |
DCIX |
148.1 |
4.19 |
268,420 |
3.5% |
19.7 |
6.1 |
2.6 |
5.2 |
13.3% |
|
Silvercrest Mines Inc |
TSXV |
SVL |
289.7 |
2.66 |
315,089 |
67.3% |
24.1 |
5.6 |
1.3 |
3.6 |
8.3% |
|
22nd Century Group Inc |
OTC BB |
XXII |
215.0 |
3.69 |
339,292 |
215.4% |
5.8 |
7.9 |
6.4 |
5.9 |
2.7% |
Source: Bloomberg;
Note: All the above mentioned ratios are as of latest reported quarter
*Cash Flow from Operation / Current Liabilities
#: Cash plus easily marketable securities divided by current liabilities.
Company Description:
SIGA Technologies Inc (NASDAQ: SIGA)
SIGA Technologies, Inc. explores, develops, and markets products for use in defense against biological warfare agents. The company’s also offers products such as novel anti-infective or the prevention and treatment of serious infectious diseases.
Avcorp Industries Inc (TSX: AVP)
Avcorp Industries Inc. is an aerospace industry and advanced technology manufacturer. The company designs, fabricates, and assembles metal, composite, and plastic components.
GigOptix Inc (NYSE: GIG)
GigOptix, Inc. is a fabless semiconductor manufacturer of electronic engines for the optically connected digital world. The company offers a broad portfolio of high speed electronic devices including polymer electro-optic modulators, modulator drivers, and laser drivers.
Capstone Mining Corp (TSX: CS)
Capstone Mining Corp. is involved in the exploration, development, and production of various minerals, including gold, silver, copper, zinc, iron and lead. The company operates projects in Canada, Mexico, and Chile.
Nevsun Resources Ltd (TSX: NSU)
Nevsun Resources Ltd. is the operator of the Bisha Mine which began construction in 2008 and commercial production in 2011. The mine produced gold-silver dore until 2013 when the product switched to copper in concentrate and will expand to also produce Zinc concentrates.
LRAD Corp (NASDAQ: LRAD)
LRAD Corp. develops, produces, and licenses its sound technology and proprietary intellectual property. The company develops engineering sound solutions for the commercial, government, and military markets.
Kingold Jewelry Inc (NASDAQ: KGJI)
Kingold Jewelry Inc., through its subsidiary, designs and manufactures 24K gold jewelry and household ornaments. The company’s 24k gold jewelry products are sold by weight.
Diana Containerships Inc (NASDAQ: DCIX)
Diana Containerships, Inc. owns containerships. The company puts its ships out to charter on the spot market, or on short- or long-term charters.
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.
22nd Century Group Inc (OTC BB: XXII)
22nd Century Group Inc. is a plant biotechnology company. The company modifies the content of nicotinic alkaloids in tobacco plants through genetic engineering and plant breeding. 22nd Century Group Inc.’s products include a prescription smoking cessation aid, which is a tobacco-based botanical medical product for use as a smoking cessation therapy and cigarettes with less nicotine.
