Ubika Research has shortlisted eleven Canadian stocks across sectors which appear to have strong balance sheets. These stocks have recorded high proportion of cash and cash equivalents with respect to their total long term and short term borrowings as per their latest reported quarter. Also, these stocks have decent current ratio and total debt to total equity ratio signalling strong liquidity. Moreover, these stocks have registered high Return on Assets (ROA) and high Return on Equity (ROE) during their latest reported quarter. Majority of the shortlisted stocks have accumulated gains during the past month with daily average traded volume above 100,000.
|
Company Name |
Ticker |
Exchange |
Market Cap |
Last Price |
1-Month Average Volume |
1-Month Price Change |
Cash to Debt Ratio* |
Current Ratio* |
Debt to Equity Ratio* |
Return on Assets* |
Return on Equity* |
Cash to Market Cap Ratio* |
|
Sierra Wireless Inc |
SW |
TSX |
824.6 |
26.51 |
236,591 |
30.8% |
8.2 |
2.6 |
5.9 |
11.3% |
16.7% |
21.5% |
|
Dominion Diamond Corp |
DDC |
TSX |
1,310.1 |
15.39 |
219,430 |
-1.7% |
40.9 |
4.4 |
0.3 |
24.5% |
46.7% |
14.9% |
|
Dynacor Gold Mines Inc |
DNG |
TSX |
69.8 |
1.92 |
255,971 |
2.1% |
30.0 |
4.1 |
1.2 |
28.2% |
36.1% |
14.7% |
|
Reitmans Canada Ltd |
RET/A |
TSX |
366.7 |
5.68 |
159,842 |
-0.7% |
7.1 |
3.4 |
1.7 |
2.1% |
2.7% |
14.3% |
|
Americas Petrogas Inc |
BOE |
TSXV |
291.2 |
1.37 |
286,934 |
9.6% |
13.3 |
2.1 |
1.0 |
1.6% |
1.8% |
8.6% |
|
Rio Alto Mining Ltd |
RIO |
TSX |
445.5 |
2.52 |
987,153 |
-1.9% |
8.7 |
1.8 |
1.4 |
14.5% |
21.3% |
6.8% |
|
Avino Silver & Gold Mines Ltd |
ASM |
TSXV |
69.7 |
2.31 |
203,755 |
6.5% |
3.2 |
4.4 |
5.6 |
3.2% |
3.7% |
6.2% |
|
ATS Automation Tooling Systems Inc |
ATA |
TSX |
1,288.5 |
14.30 |
343,679 |
3.7% |
3.0 |
1.7 |
4.0 |
8.8% |
13.5% |
4.6% |
|
WSP Global Inc |
WSP |
TSX |
1,829.8 |
34.73 |
101,429 |
0.7% |
5.1 |
1.5 |
1.7 |
4.3% |
8.3% |
4.5% |
|
Axia NetMedia Corp |
AXX |
TSX |
163.5 |
2.60 |
111,664 |
1.6% |
2.7 |
4.7 |
2.1 |
3.3% |
4.3% |
4.0% |
|
Avigilon Corp |
AVO |
TSX |
1,333.8 |
31.05 |
298,004 |
0.8% |
78.5 |
4.7 |
0.5 |
19.3% |
22.8% |
2.6% |
Source: Bloomberg
*Latest reported quarter
Company Description:
Sierra Wireless Inc (TSX: SW)
Sierra Wireless Inc. is a wireless data communications equipment company. The company delivers a variety of products including PC cards for portable computers, ruggedized vehicle-mounted modems, and original equipment manufacturer modules for embedded applications, telemetry modems, and software tools and utilities.
Dominion Diamond Corp (TSX: DDC)
Dominion Diamond Corporation mines and markets rough diamonds. The company mines for rough diamonds in the Canada’s Northwest Territories. Dominion also provides the sorting and selling of rough diamonds in Canada, Belgium and India.
Dynacor Gold Mines Inc (TSX: DNG)
Dynacor Gold Mines, Inc. explores for gold and copper in Peru.
Reitmans Canada Ltd (TSX: RET/A)
Reitmans (Canada) Ltd. retails women’s apparel. The company operates women’s apparel retail stores under the Reitmans, Smart Set, Penningtons Wearhouse, Dalmys, Antels, and Cactus names. Reitmans stores are located throughout Canada.
Americas Petrogas Inc (TSXV: BOE)
Americas Petrogas, Inc. explores for oil and natural gas and manufactures fertilizers. The company explores for oil in Argentina, and produces potash fertilizers.
Rio Alto Mining Ltd (TSX: RIO)
Rio Alto Mining Limited is a mineral exploration company. The company currently is focusing on the development of La Arena gold / copper project, located in north central Peru.
Avino Silver & Gold Mines Ltd (TSXV: ASM)
Avino Silver & Gold Mines owns an interest in Cia Minera Mexicana de Avino S.A., operator of the Avino Silver Mine near Durango, Mexico. The primary metal produced at the Avino Mine is silver, but small quantities of lead, copper and gold are also mined. In addition,The company explores for and develops its mining properties near Vancouver, British Columbia.
ATS Automation Tooling Systems Inc (TSX: ATA)
ATS Automation Tooling Systems, Inc. is a custom engineer and producer of industrial automated manufacturing systems. The company also manufactures related precision components under long-term contracts for customers in the automotive and other industries. ATS’ products are sold throughout the world.
WSP Global Inc (TSX: WSP)
WSP Global Inc. offers engineering services. The company offers professional services in the areas of construction, energy, the environment, mining, municipal infrastructure, project management, telecommunications, and transportation.
Axia NetMedia Corp (TSX: AXX)
AXIA NetMedia Corporation provides Broadband Internet protocol services and solutions. The company plans, designs, and operates Open Access Networks (OAN) in the Province of Alberta, Canada.
Avigilon Corp (TSX: AVO)
Avigilon Corporation manufactures surveillance equipment. The company produces high definition, network-based video surveillance systems and equipment for video capture, transmission, recording, and playback.
