Ubika Research has highlighted ten penny stocks trading below $1 which have outperformed their respective equity indices and sector indices last week witnessing a higher market interest. We note that these stocks touched their 52-week highs during the last week. Average trading volumes of these stocks over the past five days have been 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 22% to 105% with daily average traded volume in excess of 100,000.
Index Performance during the Past Week (March 03rd 2014 – March 07th 2014)
| Index |
Last Index Value |
Value Change (5-Day) |
Average Volume |
Average Volume |
Volume Comparison* |
|
Russell 2000 Index |
1,203.3 |
1.71% |
324,779,462 |
293,881,050 |
10.5% |
|
S&P/TSX Composite Index |
14,299.1 |
0.63% |
168,605,882 |
186,412,337 |
-9.6% |
|
S&P/TSX Venture Composite Index |
1,043.0 |
1.72% |
91,363,120 |
78,236,550 |
16.8% |
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 |
|
Coral Gold Resources Ltd |
TSXV |
CLH |
Basic Materials |
11.3 |
0.30 |
81.8% |
218,031 |
50,304 |
333.4% |
0.30 |
0.07 |
|
True North Gems Inc |
TSXV |
TGX |
Basic Materials |
39.7 |
0.15 |
25.0% |
936,180 |
250,449 |
273.8% |
0.17 |
0.05 |
|
Houston American Energy Corp |
NYSE |
HUSA |
Energy |
30.8 |
0.59 |
55.3% |
1,500,207 |
559,265 |
268.2% |
0.61 |
0.18 |
|
China Pharma Holdings Inc |
NYSE |
CPHI |
Healthcare |
34.2 |
0.79 |
23.6% |
622,175 |
312,276 |
199.2% |
0.84 |
0.19 |
|
Mega Uranium Ltd |
TSX |
MGA |
Basic Materials |
80.7 |
0.30 |
22.4% |
5,989,055 |
2,089,437 |
186.6% |
0.42 |
0.06 |
|
mCig Inc |
OTC BB |
MCIG |
Industrial |
203.6 |
0.75 |
64.3% |
11,016,218 |
6,157,929 |
178.9% |
0.81 |
0.00 |
|
Blackbird Energy Inc |
TSXV |
BBI |
Energy |
20.5 |
0.13 |
36.8% |
1,430,076 |
553,816 |
158.2% |
0.14 |
0.05 |
|
Formation Metals Inc |
TSX |
FCO |
Basic Materials |
21.4 |
0.24 |
23.7% |
484,733 |
212,538 |
128.1% |
0.26 |
0.06 |
|
Abattis Bioceuticals Corp |
CNSX |
ATT |
Healthcare |
22.9 |
0.80 |
105.1% |
2,188,524 |
1,017,650 |
115.1% |
0.95 |
0.02 |
|
Avrupa Minerals Ltd |
TSXV |
AVU |
Basic Materials |
11.6 |
0.30 |
66.7% |
119,940 |
57,926 |
107.1% |
0.30 |
0.04 |
Source: Bloomberg
*Volume Comparison: 5-Day average volume over 30-Day average volume
Market cap & Last Prices are in their respective currencies
Company Description
Coral Gold Resources Ltd (TSXV: CLH)
Coral Gold Resources Ltd acquires and explores precious mineral properties. The company owns mining claims in the states of Nevada and California, the Canadian province of British Columbia, and Mexico. Coral Gold is focusing on gold exploration.
True North Gems Inc (TSXV: TGX)
True North Gems Inc. explores and develops North American colored gemstone deposits. The company owns an emerald property and the rights to earn an interest in a sapphire property, both located in Canada. True North also owns a ruby property in Greenland.
Houston American Energy Corp (NYSE: HUSA)
Houston American Energy Corp. explores for and produces oil and gas. The company’s current business activities are primarily conducted in Texas.
China Pharma Holdings Inc (NYSE: CPHI)
China Pharma Holdings, Inc., through a subsidiary, manufactures western and Chinese medicines. The company markets its products to hospitals and private sellers in the Peoples Republic of China.
Mega Uranium Ltd (TSX: MGA)
Mega Uranium Ltd. acquires, explores, and develops natural resource properties, with a focus on uranium. The company has uranium resources in Australia and uranium exploration projects in Australia, Argentina, Bolivia, Colombia, Canada and Cameroon. Mega Uranium also has interests in base and precious minerals exploration properties in Canada and Latin America.
mCig Inc (OTC BB: MCIG)
mCig, Inc. manufactures electronic cigarettes. The company produces an electronic cigarette which vaporizes plant material, mainly marijuana used for medicinal and recreational purposes and tobacco.
Blackbird Energy Inc (TSXV: BBI)
Blackbird Energy, Inc. is an oil and gas exploration company. The company acquires, develops, and explores oil and gas properties in North America and internationally.
Formation Metals Inc (TSX: FCO)
Formation Metals Inc. is a mineral exploration company. The company mines for a variety of minerals such as cobalt, gold, and silver, and uranium. Formation’s properties are located in the United States, Canada, and Mexico.
Abattis Bioceuticals Corp (CNSX: ATT)
Abattis Biologix Corporation researches, develops and manufactures natural botanical formulations to prevent or treat influenza strains in birds, humans and other mammals.
Avrupa Minerals Ltd (TSXV: AVU)
Avrupa Minerals Ltd. is a mineral exploration company. The company owns exploration licenses in the northern Iberian Pyrite Belt (IPB) and is actively exploring in the Vardar Trend on the Glavej license, and the Kamenica license.
