11 Canadian Penny Stocks with Over 100% Increase in Trading Volumes: Investment Idea of the Day

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Ubika Research has highlighted 11 Canadian penny stocks trading below $1 across sectors which have registered significant share price gains of over 10%, with a more than 100% increase in trading volume during the past five days compared with the past one month daily average trading volume, indicating strong market interest. Moreover, these stocks outperformed their respective equity indices and sector indices during the last week, registering significant gains and some touched their new 52-week high during the week. The shortlisted stocks recorded price gains ranging from 10% to 138% with daily average trading volume in excess of 100,000.

Index Performance during the Past Week (May 12th 2014 – May 16th 2014)

Index

Last Index Value

Value Change (5-Day)

Average Volume
(5-Day)

Average Volume
(1-month)

Volume Comparison*

S&P/TSX Composite Index

14,514.7

-0.13%

146,639,078

159,361,833

-8.0%

S&P/TSX Venture Composite Index

976.6

-1.47%

61,896,222

69,659,833

-11.1%

Stocks Performance

Company Name

Ticker

Exchange

Sector

Market Cap
(C$MM)

Last Price

Price Change (5-Day)

Average Volume
(5-Day)

Average Volume
(1-month)

Volume Comparison*

52-Week High

52-Week Low

Caza Oil & Gas Inc

CAZ

TSX

Energy

56.2

0.30

31.1%

2,850,607

529,662

4%

0.40

0.12

360 VOX Corp

VOX

TSXV

Financial

53.0

0.19

137.5%

6,345,512

1,202,752

427.6%

0.20

0.08

Cortex Business Solutions Inc

CBX

TSXV

Technology

50.6

0.14

12.0%

1,037,085

345,594

200.1%

0.25

0.08

DuSolo Fertilizers Inc

DSF

TSXV

Basic Materials

26.1

0.25

19.0%

174,500

65,681

165.7%

0.31

0.13

Nulegacy Gold Corp

NUG

TSXV

Basic Materials

17.0

0.15

15.4%

273,034

104,044

162.4%

0.18

0.07

Garibaldi Resources

GGI

TSXV

Basic Materials

15.1

0.26

15.6%

203,883

79,083

157.8%

0.27

0.04

Data Group Ltd

DGI

TSX

Technology

22.3

0.95

25.0%

108,811

42,857

153.9%

2.06

0.36

Valdor Technology International Inc

VTI

TSXV

Communications

10.7

0.13

19.0%

172,541

74,874

130.4%

0.22

0.09

Maya Gold & Silver Inc

MYA

TSXV

Basic Materials

50.4

0.44

13.0%

268,443

124,836

115.0%

0.56

0.18

Marksmen Energy Inc

MAH

TSXV

Energy

21.0

0.50

28.2%

298,860

139,518

114.2%

0.58

0.08

Taipan Resources Inc

TPN

TSXV

Energy

55.8

0.54

10.2%

1,098,734

545,489

101.4%

0.66

0.22

Source: Bloomberg
*Volume Comparison: 5-Day average volume over 30-Day average volume

Company Description

Caza Oil & Gas Inc (TSX: CAZ)
Caza Oil & Gas, Inc., through a subsidiary, explores for and produces oil and natural gas. The company operates onshore in the south central United States.

360 VOX Corp (TSXV: VOX)
360 VOX Corp. is a real estate company that develops destination resorts. The company currently has properties under development, including various luxury hotels, championship golf courses, a marina, and related facilities.

Cortex Business Solutions Inc (TSXV: CBX)
Cortex Business Solutions Inc. facilitates electronic business processes and transactions. The company connects companies through a secure connection which allows multiple trading partners to conduct business transactions.

DuSolo Fertilizers Inc (TSXV: DSF)
DuSolo Fertilizers Inc. develops integrated processes for producing phosphate based fertilizers. The company supplies its products throughout Brazil.

Nulegacy Gold Corp (TSXV: NUG)
Nulegacy Gold Corp. is a mineral exploration and development company. The company is focused in the Red Hill and Wood Hills South properties in Nevada, United States.

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.

Data Group Ltd (TSX: DGI)
Data Group Ltd provides document management solutions, including printed products. The company offers its products to the healthcare, financial, manufacturing, energy, distribution and retail industries throughout Canada.

Valdor Technology International Inc (TSXV: VTI)
Valdor Technology International Inc. researches and develops technologies in connection with fiber optic cable devices. The company designs and manufactures fiber optic connectors, ferrules, splices, and other optical and optoelectronic components using its proprietary IMPACT MOUNT technology.

Maya Gold & Silver Inc (TSXV: MYA)
Maya Gold & Silver Inc. is a mineral exploration company. The company explores for gold and silver deposits.

Marksmen Energy Inc (TSXV: MAH)
Marksmen Energy Inc. is a junior oil and gas company. The company is focused on the exploration, development, and production of oil and gas in Alberta and Saskatchewan. Marksmen Energy is developing natural gas properties at Alder Flats and Penhold in Alberta.

Taipan Resources Inc (TSXV: TPN)
Taipan Resources Inc. is a mineral and hydrocarbon exploration company focused on developing oil and gas assets in East Africa and other prospective regions of the world.

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