14 Sub $5 Stocks Posting Price Gains of Over 30% in July 2014: Investment Idea of the Day

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Today we have highlighted 14 stocks across sectors which rallied over 30% in July 2014 touching their 52-week highs during the month. Moreover, the one month average trading volumes of these stocks are significantly higher than their three months average trading volumes, indicating a strong market interest. We note that a majority of these stocks have registered significant gains year-to-date. The shortlisted stocks recorded price gains ranging from 33% to 75% with daily average trading volume in excess of 100,000.

Stocks Performance (July 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

China BAK Battery Inc

CBAK

NASDAQ

Industrial

52.0

4.12

894,573

466,314

75.3%

85.6%

5.00

1.30

Corsa Coal Corp

CSO

TSXV

Energy

181.7

0.25

782,228

408,575

72.4%

47.1%

0.29

0.10

Flexible Solutions International Inc

FSI

NYSE

Basic Materials

18.3

1.39

341,609

169,570

65.5%

44.8%

1.50

0.52

Hanwei Energy Services

HE

TSX

Energy

16.4

0.23

327,583

161,340

64.3%

253.8%

0.34

0.06

EXO U Inc

EXO

TSXV

Technology

138.7

3.34

295,002

194,470

51.8%

317.5%

3.68

0.70

Bacanora Minerals Ltd

BCN

TSXV

Basic Materials

75.3

1.18

276,351

200,856

51.3%

195.0%

1.61

0.13

SinoCoking Coal and Coke Chemical Industries Inc

SCOK

NASDAQ

Energy

38.4

1.82

397,552

196,374

49.2%

56.9%

2.25

0.83

Northern Graphite Corp

NGC

TSXV

Basic Materials

52.1

1.06

312,568

175,975

47.2%

30.9%

1.44

0.60

Highbank Resources Ltd

HBK

TSXV

Basic Materials

26.1

0.31

453,473

264,175

44.2%

210.0%

0.38

0.05

Codexis Inc

CDXS

NASDAQ

Basic Materials

81.2

2.10

407,026

205,077

43.8%

50.0%

2.65

1.24

Canamex Resources Corp

CSQ

TSXV

Basic Materials

22.0

0.18

741,131

403,385

38.5%

176.9%

0.22

0.04

GFI Group Inc

GFIG

NYSE

Financial

571.2

4.53

757,656

477,046

36.4%

15.9%

4.56

2.98

Harte Gold Corp

HRT

TSX

Basic Materials

65.0

0.30

849,789

684,240

36.4%

445.5%

0.33

0.05

Constantine Metal Resources Ltd

CEM

TSXV

Basic Materials

23.3

0.20

173,497

116,319

33.3%

207.7%

0.26

0.04

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

Company Description

China BAK Battery Inc (NASDAQ: CBAK)
China BAK Battery, Inc., through its China based operations, manufactures and distributes a wide variety of standard and customized lithium ion rechargeable batteries. The company supplies rechargeable lithium ion batteries for use in mobile phones and various other portable electronic applications, including handset telephones, laptop computers, digital cameras, and video camcorders.

Corsa Coal Corp (TSXV: CSO)       
Corsa Coal Corp. is a coal mining company. The company’s primary business is the mining, processing, and selling of metallurgical coal, as well as actively exploring, acquiring and developing resource properties consistent with its coal business. Corsa Coal is focused on Somerset County, Pennsylvania.

Flexible Solutions International Inc (NYSE: FSI)   
Flexible Solutions International, Inc. develops and markets chemicals and chemical dispensers, which slow down the evaporation of water. The company’s products include Heat$aver, the Tropical Fish, and Water$aver.

Hanwei Energy Services Corp (TSX: HE)   
Hanwei Energy Services Corporation manufactures fiberglass reinforced plastic (FRP) pipe primarily for the oil and gas industry in China.

EXO U Inc (TSXV: EXO)    
EXO U Inc is an enterprise software company that delivers applications across all devices and computing platforms.

Bacanora Minerals Ltd (TSXV: BCN)          
Bacanora Minerals Ltd. is a lithium mining and exploration company.

SinoCoking Coal and Coke Chemical Industries Inc (NASDAQ: SCOK)      
SinoCoking Coal and Coke Chemical Industries Inc. produce coal and coke in China. The company produces coke, coal, coal byproducts and electricity through its branch operations.

Northern Graphite Corp (TSXV: NGC)        
Northern Graphite Corp. is a mineral exploration and development company. The company owns the Bissett Creek project located in Ontario, Canada where it intends to explore for graphite concentrate.

Highbank Resources Ltd (TSXV: HBK)       
Highbank Resources Ltd. is a construction aggregates company. The company focuses on the development of tidewater gravel tenure in Canada.

Codexis Inc (NASDAQ: CDXS)       
Codexis, Inc. focuses on biocatalyst development and production. The company offers its products to the pharmaceuticals and bioindustrial companies, such as carbon management, water treatment and chemicals.

Canamex Resources Corp (TSXV: CSQ)    
Canamex Resources Corp. is a resource exploration company with a mission to discover and develop significant mineral assets. The company is focused primarily on gold exploration in the Americas.

GFI Group Inc (NYSE: GFIG)         
GFI Group Inc. provides brokerage services and data and analytics products to institutional clients. The company specializes in over-the-counter derivatives products and related securities.  GFI provides its services to institutional clients in markets for a range of credit, financial, equity and commodity instruments, including complex derivatives.

Harte Gold Corp (TSX: HRT)          
Harte Gold Corporation acquires, explores and develops mineral resource properties with a focus on gold. The company operates on the Sugar Zone and Stoughton-Abitibi properties in Ontario.

Constantine Metal Resources Ltd (TSXV: CEM)     
Constantine Metal Resources Ltd. explores for and develops polymetallic massive sulfide properties in Alaska.

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