Ubika Research has highlighted 10 Canadian basic resource stocks trading below $2 which have registered significant share price gains of over 30% during the month of April 2014 with a significant increase in trading volumes, reflecting strong market interest. Average trading volumes of these stocks over the past month are significantly higher than their three month daily average trading volumes. The shortlisted stocks outperformed the equity indices during April 2014, recording strong price gains ranging from 35% to 170% with daily average trading volume in excess of 100,000.
Index Performance
| Index |
Last Index Value |
Value Change |
Average Volume |
|
S&P/TSX Composite Index |
14,651.9 |
2.2% |
172,977,167 |
|
S&P/TSX Venture Composite Index |
1,001.5 |
0.7% |
67,505,439 |
|
S&P/TSX Composite Energy Sector Index |
3,342.3 |
5.4% |
52,543,050 |
|
S&P/TSX Composite Metals & Mining Industry |
2,202.0 |
1.2% |
55,583,199 |
|
Gold Prices ($ per ounce) |
1,291.6 |
0.6% |
– |
|
WTI Crude Prices ($ per barrel) |
99.7 |
-1.1% |
– |
Stocks Performance
| Company Name |
Ticker |
Exchange |
Industry |
Market Cap |
Last Price |
Average Volume |
Average Volume |
Price Change |
52-Week High |
52-Week Low |
|
Nautilus Minerals Inc |
NUS |
TSX |
Basic Materials |
260.1 |
0.59 |
1,135,295 |
600,629 |
168.2% |
0.79 |
0.20 |
|
Quattro Exploration & Production Ltd |
QXP |
TSXV |
Energy |
29.0 |
0.83 |
127,438 |
83,181 |
137.1% |
0.93 |
0.04 |
|
NioCorp Developments Ltd |
NB |
TSXV |
Basic Materials |
62.0 |
0.52 |
482,488 |
296,060 |
92.6% |
0.53 |
0.10 |
|
CDN Oilfield Solutions Corp |
OTS |
TSXV |
Energy |
33.7 |
0.37 |
177,278 |
108,843 |
85.0% |
0.42 |
0.13 |
|
Canada Fluorspar Inc |
CFI |
TSXV |
Basic Materials |
38.2 |
0.35 |
414,156 |
222,435 |
72.5% |
0.35 |
0.15 |
|
Suroco Energy Inc |
SRN |
TSXV |
Energy |
63.8 |
0.48 |
292,443 |
168,409 |
61.0% |
0.54 |
0.22 |
|
Titanium Corp Inc |
TIC |
TSXV |
Basic Materials |
123.7 |
1.92 |
364,927 |
194,250 |
48.8% |
2.02 |
0.38 |
|
Royal Nickel Corp |
RNX |
TSX |
Basic Materials |
65.0 |
0.69 |
434,027 |
285,112 |
46.8% |
0.75 |
0.25 |
|
RTG Mining Inc |
RTG |
TSX |
Basic Materials |
40.8 |
0.13 |
216,256 |
111,611 |
38.9% |
0.14 |
0.06 |
|
Sandstorm Metals & Energy Ltd |
SND |
TSXV |
Basic Materials |
49.2 |
1.42 |
172,446 |
105,338 |
35.2% |
3.55 |
0.95 |
Source: Bloomberg
Company Description:
Nautilus Minerals Inc (TSX: NUS)
Nautilus Minerals, Inc. explores for gold and copper on the ocean floor near Papua New Guinea.
Quattro Exploration & Production Ltd (TSXV: QXP)
Quattro Exploration and Production Ltd. is an oil and gas exploration and production company. The company is focused on the south central region of Southern Saskatchewan’s Williston Basin.
NioCorp Developments Ltd (TSXV: NB)
NioCorp Developments Ltd. is developing the Elk Creek Carbonatite, a primary niobium deposit in the United States.
CDN Oilfield Solutions Corp (TSXV: OTS)
CDN Oilfield Solutions Corp. provides solutions to the oil and gas industry. The company supplies and services a wide variety of ESP solutions (electric submersible pumps), and provides third party next generation products in Mexico.
Canada Fluorspar Inc (TSXV: CFI)
Canada Fluorspar Inc. is a mineral exploration company. The company is developing a fluorspar project in St. Lawrence, Newfoundland, Canada, as well as trying to reactivate existing underground fluorspar mines.
Suroco Energy Inc (TSXV: SRN)
Suroco Energy, Inc. is a Colombia focused, international oil and gas exploration company. The company holds interests in Colombia and Canada.
Titanium Corp Inc (TSXV: TIC)
Titanium Corporation Inc. develops technologies to recover bitumen, solvent, valuable heavy minerals and water from oil sands waste tailings.
Royal Nickel Corp (TSX: RNX)
Royal Nickel Corporation explores for nickel. The company operates in the Dumont nickel deposit in the Val D’Or/Amos mining region of Quebec.
RTG Mining Inc (TSX: RTG)
RTG Mining Inc. explores for metals. The company operates on the Segilola Gold Project in Nigeria, and the Mkushi Copper Project in Zambia.
Sandstorm Metals & Energy Ltd (TSXV: SND)
Sandstorm Metals & Energy Ltd. acquires energy and base metal volume-based production payment (VPP) agreements from companies that have advanced stage development or operating projects. The company makes a one-time upfront payment for a VPP and receives the right to purchase, at a fixed price per unit, a percentage of a project’s production for the life of the project.
