12 Sub $3 Stocks Posting Price Gains of Over 50% in May: Investment Idea of the Day

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Today we have highlighted 12 stocks across sectors which rallied over 50% in May 2014, with a majority of them touching their 52-week highs during the month. Moreover, the one-month average trading volume of these stocks is significantly higher than their three-month average trading volume, indicating a strong market interest. We note that a majority of these stocks have accumulated gains of over 100% year-to-date. The shortlisted stocks recorded price gains ranging from 50% to 175% with daily average trading volume in excess of 100,000.

Index Performance (May 2014)

Index

Last Index Value

Value Change
(1-Month)

Average Volume
(1-month)

Average Volume
(3-month)

Russell 2000 Index

1,134.5

0.7%

286,611,489

296,352,422

S&P/TSX Composite Index

14,604.2

-0.3%

147,139,354

161,267,998

S&P/TSX Venture Composite Index

984.0

-1.7%

74,715,776

75,935,997

Stocks Performance (May 2014)

Company Name

Ticker

Exchange

Sector

Market Cap
(MM)

Last Price

Average Volume
(1-month)

Average Volume
(3-month)

Price Change
(1-Month)

Price Change
(YTD)

52-Week High

52-Week Low

EMC Metals Corp

EMC

TSX

Basic Materials

19.6

0.11

664,299

449,492

175.0%

340.0%

0.12

0.02

India Globalization Capital

IGC

NYSE

Industrial

13.6

1.45

1,847,852

950,498

123.0%

39.4%

2.34

0.61

Worlds Online Inc

WORX

OTC BB

Communications

7.6

0.24

147,908

92,112

118.4%

200.0%

0.43

0.03

Hyperdynamics Corp

HDY

NYSE

Energy

55.8

2.65

2,332,932

1,275,344

82.8%

-34.9%

7.00

1.13

Caza Oil & Gas Inc

CAZ

TSX

Energy

76.1

0.40

1,045,428

500,760

81.8%

142.4%

0.42

0.12

Trimel Pharmaceuticals Corp

TRL

TSX

Healthcare

137.0

0.84

934,837

624,383

71.4%

93.1%

0.97

0.33

VizConnect Inc

VIZC

OTC BB

Technology

8.2

0.14

130,253

92,311

68.8%

629.7%

1.20

0.02

Longreach Oil & Gas Ltd

LOI

TSXV

Energy

30.8

0.38

152,015

107,861

65.2%

-36.7%

0.79

0.17

Commerce Resources Corp

CCE

TSXV

Basic Materials

44.3

0.27

597,473

410,625

55.9%

194.4%

0.34

0.06

Adherex Technologies Inc

AHX

TSX

Healthcare

46.0

1.57

137,597

83,191

53.9%

336.1%

2.59

0.21

Saturn Minerals Inc

SMI

TSXV

Energy

23.1

0.22

223,661

147,540

51.7%

158.8%

0.23

0.07

Summer Infant Inc

SUMR

NASDAQ

Healthcare

51.5

2.86

425,390

236,998

50.5%

58.0%

3.60

1.45

Source: Bloomberg
Market Cap & Last Price are in their respective currencies

Company Description

EMC Metals Corp (TSX: EMC)
EMC Metals Corporation conducts exploration and acquisition services. The company focuses on tungsten, vanadium, molybdenum, and uranium specialty metals. EMC Metals offers services throughout North America.

India Globalization Capital Inc (NYSE: IGC)
India Globalization Capital, Inc., through subsidiaries, offers construction services. The company builds highways, airports, hydroelectric and irrigation projects, factories, bridges, ports, jetties, and commercial complexes.

Worlds Online Inc (OTC BB: WORX)
Worlds Online Inc is a 3D entertainment portal which leverages its proprietary licensed technology to offer visitors a network of virtual, multi-user environments which they call “worlds”. These worlds are online environments featuring animation, motion and content where people shop, interact, attend events and be entertained.

Hyperdynamics Corp (NYSE: HDY)
Hyperdynamics Corp. is a Houston-based company whose operations include two wholly owned subsidiaries, SCS Corporation and HYD Resources, which are focused on oil and gas exploration.

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.

Trimel Pharmaceuticals Corp (TSX: TRL)
Trimel Pharmaceuticals Corp. is a pharmaceutical development company. The company’s primary objective is to exploit Trimel’s drug-delivery technology portfolio and to target unmet medical needs in underserved disease states. Trimel’s term objectives include the development of products for the treatment of male hypogonadism, female sexual dysfunction, and Parkinson’s disease.

VizConnect Inc (OTC BB: VIZC)
VizConnect Inc provides cloud based marketing services through its subsidiaries, using a combination of mobile video marketing, video storage, and cloud computing. The company operates and markets in the United States.

Longreach Oil & Gas Ltd (TSXV: LOI)
Longreach Oil & Gas Ltd. explores for oil and natural gas. The company operates both onshore and offshore in Morocco.

Commerce Resources Corp (TSXV: CCE)
Commerce Resources Corporation is an exploration and development company. The company focuses on deposits of tantalum, niobium, and rare earth elements in Canada.

Adherex Technologies Inc (TSX: AHX)
Adherex Technologies Inc. is a biotechnology company that develops therapeutic drugs for the treatment of cancer. The company’s lead biotechnology compound works to kill tumor cells (by apoptosis) destroy the blood vessels that feed a cancerous tumor, essentially destroying the tumor’s food supply by targeting the cell adhesion molecule N-cadherm.

Saturn Minerals Inc (TSXV: SMI)
Saturn Minerals, Inc. explores for coal, gas and oil. The company operates on the Armit & Enwood, Muskeg & Overflowing, Mistatim, and Red Earth properties in Saskatchewan and Manitoba.

Summer Infant Inc (NASDAQ: SUMR)
Summer Infant, Inc. designs, markets, and distributes branded infant health, safety, and wellness products. The company’s products include nursery audio/video monitors, safety gates, durable bath products, bed rails, infant thermometers and related health and safety products, boosters and potty seats, and bouncers.

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