Companies with higher levels of institutional ownership (stocks held by large financial organizations, pension funds or endowments) and strong insider ownership (stocks held by senior executives and directors within the firm) attract investor interest as it reflects a confidence in growth potential since institutional owners’ and insiders’ personal wealth is directly affected by stock performance.
Today, we have picked 15 stocks trading below $3 which have high institutional (>14%) and insider ownership (>5%) and have witnessed an increase in insider ownership during the past six months. Moreover, we note that these stocks are rated a ‘Buy’ by a majority of the analysts covering these stocks with consensus 12-month price targets indicating significant upside potential ranging 20% to 250% from current levels, according to consensus estimates provided by Bloomberg.
|
Company Name |
Ticker |
Exchange |
Market Cap |
Last Price |
Average Volume |
Price Change |
Equity Shares Outstanding |
Institutional Ownership |
Insider Ownership |
Change in Insider Holding |
|
Unilife Corp |
UNIS |
NASDAQ |
238.3 |
2.30 |
994,961 |
-46.3% |
103.6 |
42.1% |
10.7% |
4.1% |
|
Amerigo Resources Ltd |
ARG |
TSX |
82.5 |
0.48 |
109,724 |
1.1% |
173.7 |
42.1% |
5.4% |
12.5% |
|
PanTerra Resource Corp |
PRC |
TSXV |
84.2 |
0.28 |
1,024,619 |
594.6% |
298.1 |
50.3% |
13.3% |
4.5% |
|
Antares Pharma Inc |
ATRS |
NASDAQ |
271.4 |
2.08 |
1,492,644 |
-56.3% |
130.5 |
36.8% |
9.4% |
5.5% |
|
Panoro Minerals Ltd |
PML |
TSXV |
104.8 |
0.48 |
181,825 |
53.2% |
220.6 |
14.1% |
7.0% |
5.9% |
|
Ivanhoe Mines Ltd |
IVN |
TSX |
973.3 |
1.39 |
1,639,048 |
-19.2% |
691.7 |
31.2% |
25.3% |
12.4% |
|
Integra Gold Corp |
ICG |
TSXV |
40.8 |
0.22 |
412,089 |
-33.3% |
185.6 |
17.6% |
22.1% |
9.4% |
|
theScore Inc |
SCR |
TSXV |
77.0 |
0.31 |
990,521 |
5.2% |
252.6 |
18.8% |
23.1% |
7.6% |
|
Symbility Solutions Inc |
SY |
TSXV |
60.8 |
0.29 |
177,681 |
-6.5% |
209.6 |
36.1% |
14.2% |
3.3% |
|
Roxgold Inc |
ROG |
TSXV |
186.3 |
0.79 |
685,433 |
23.4% |
235.8 |
51.1% |
5.5% |
14.2% |
|
Centric Health Corp |
CHH |
TSX |
73.5 |
0.43 |
159,922 |
28.4% |
171.0 |
24.3% |
16.2% |
88.4% |
|
Chinook Energy Inc |
CKE |
TSX |
496.9 |
2.32 |
638,339 |
73.1% |
214.2 |
46.2% |
5.8% |
2.8% |
|
Perpetual Energy Inc |
PMT |
TSX |
305.1 |
2.04 |
369,044 |
48.9% |
149.5 |
27.3% |
25.5% |
1.4% |
|
CWC Energy Services Corp |
CWC |
TSXV |
246.1 |
0.91 |
199,597 |
9.6% |
270.5 |
68.6% |
5.2% |
476.6% |
|
Vantage Drilling Co |
VTG |
NYSE |
557.3 |
1.82 |
1,824,396 |
5.8% |
306.2 |
48.7% |
7.1% |
1.9% |
Source: Bloomberg
Market cap & Last Price are in their respective currencies
Company Description:
Unilife Corp (NASDAQ: UNIS)
Unilife Corporation designs and manufactures medical devices. The company produces retractable syringes. Unilife markets its products to pharmaceutical manufacturers, suppliers of medical equipment to healthcare facilities, and patients who self-administer prescription medication.
Amerigo Resources Ltd (TSX: ARG)
Amerigo Resources Ltd. (T.ARG) produces copper and molybdenum. The company operates in South America.
PanTerra Resource Corp (TSXV: PRC)
PanTerra Resource Corp. acquires, explores, and develops shallow and shale gas in the province of Saskatchewan, Canada.
Antares Pharma Inc (NASDAQ: ATRS)
Antares Pharma, Inc. develops pharmaceutical delivery systems, including needle-free and mini-needle injector systems and transdermal gel technologies. The company distributes its needle-free injector systems in various countries. Antares also conducts research and development with transdermal gel products and has several products in clinical evaluation with partners.
Panoro Minerals Ltd (TSXV: PML)
Panoro Minerals Ltd. (PML.V) acquires and explores mineral properties. The company currently owns an exploration stage gold-copper project located in Northern Peru.
Ivanhoe Mines Ltd (TSX: IVN)
Ivanhoe Mines Ltd. (IVN.TO) is a diversified mineral resources company focused on the exploration and development of its three principal properties: the Kamoa copper discovery; the Platreef platinum-palladium-gold-nickel-copper discovery; and an unmined zinc-copper deposit at the Kipushi zinc-copper-lead-germanium mine.
Integra Gold Corp (TSXV: ICG)
Integra Gold Corporation (V.ICG) explores for gold and diamonds. The company operates on the Back Lake, Chapleau and Lamaque gold properties in Quebec, Ontario and the Northwest Territories in Canada; and the Wawa diamond property in Ontario.
TheScore Inc (TSXV: SCR)
theScore, Inc. (SCR.V) creates, aggregates and distributes sports content via established and emergent digital media assets, including mobile sports applications and its website
Symbility Solutions Inc (TSXV: SY)
Symbility Solutions, Inc. (SY.V) is a software company dedicated to developing applications for the insurance industry in North America and Europe. The company’s subsidiairies, provides software solution for the adjudication of health and dental claims and automates property insurance claims through its complementary components.
Roxgold Inc (TSXV: ROG)
Roxgold Inc., (ROG.V) is a gold exploration and development company with its key asset, the high grade, 100% owned Yaramoko Gold Project located in the Houndé greenstone region of Burkina Faso, West Africa.
Centric Health Corp (TSX: CHH)
Centric Health Corp. (T.CHH) provides a wide range of healthcare services. The company’s current key divisions include disability and rehabilitation management, physiotherapy and surgical/hospital Services.
Chinook Energy Inc (TSX: CKE)
Chinook Energy Inc (T.CKE) is an oil and gas exploration and production firm. The company develops niche oil and gas exploitation opportunities in international hydrocarbon provinces. Chinook Energy explores worldwide.
Perpetual Energy Inc (TSX: PMT)
Perpetual Energy Inc. (T.PMT) is an independent natural gas producer. The company owns, operates, and develops oil and gas properties throughout Canada.
CWC Energy Services Corp (TSXV: CWC)
CWC Energy Services Corp. (CWC.V) is contract drilling and well servicing company. The company offers a suite of oilfield services including drilling rigs, service rigs, coil tubing, well testing and snubbing. CWC operates in the Western Canadian Sedimentary Basin.
Vantage Drilling Co (NYSE: VTG)
Vantage Drilling Company offers offshore oil and natural gas well drilling services.
