Recent turmoil in Europe has many investors on edge
SmallCapPower | July 20, 2016: Investors should always try to maintain a diversified portfolio, which would include international exposure as well. If this includes Europe, though, investors can expect heavy volatility. Today our analysts have identified some penny stocks at risk due to significant exposure to Europe, specifically the UK and Italy.
Euromax Resources Ltd. (TSE:EOX) – $0.46
Diversified Mining
Euromax Resources Ltd. is a United kingdom-based gold and base metal mining company that is engaged in exploring mineral properties in Macedonia and Serbia. It operates in approximately two sectors in the mining industry: the exploration and development of mineral right interests, and the provision of exploration and evaluation services. Its segments include Macedonia, Serbia, Bulgaria, Exploration Services and Corporate. It is focused on building and operating the Ilovica copper/gold project in Macedonia.
- Market Cap: 53,163,445
- Revenues: 4,807,000
- Total Debt: -9,482,000
- Country of Risk: United Kingdom
Gabriel Resources Ltd. (TSE:GBU) – $0.66
Diversified Mining
Gabriel Resources Ltd. (Gabriel) is a Canada-based resource company that operates through the exploration, evaluation and development of precious metal mining projects located in Romania segment. The Company owns equity interest in Rosia Montana Gold Corporation S.A. (RMGC), held by Minvest Rosia Montana S.A. (Minvest RM), a Romanian state-owned mining company. Rosia Montana gold and silver project is an undeveloped gold deposit in Europe, and situated in an area known as the Golden Quadrilateral in the South Apuseni Mountains of Transylvania.
- Market Cap: 253,049,892
- Revenues: 0
- Total Debt: -647,880,000
- Country of Risk: United Kingdom
Etrion SA (TSE:ETX) – $0.29
Independent Power Producers
Etrion SA is a Switzerland-based independent power producer (IPP) that develops, builds, owns and operates utility-scale solar power generation plants. The Company owns 130 MW of installed solar capacity in Italy and Chile. Etrion also has 34 MW of solar projects under construction in Japan and is actively developing greenfield solar power projects in Japan and Chile.
- Market Cap: 215,285,203.21
- Revenues: 65,179,976
- Total Debt: 2,754,620
- Country of Risk: Italy
Sterling Resources Ltd. (CVE:SLG) – $0.70
Oil & Gas Exploration and Production
Sterling Resources Ltd. is a Canada-based energy company engaged in the acquisition of petroleum and natural gas rights, and the exploration for, and the development and production of, crude oil and natural gas. The Company’s geographical segments include Canada, United Kingdom and Other International. The United Kingdom and other international locations are involved in exploration and development operations. Other international comprises operations in France and the Netherlands.
- Market Cap: 114,570,744.63
- Revenues: 77,092,422
- Total Debt: -99,101,141
- Country of Risk: United Kingdom
DISCLAIMER The Content contained on this page (including any facts, views, opinions, recommendations, description of, or references to, products or securities) made available by SmallCapPower/Ubika Research is for information purposes only and is not tailored to the needs or circumstances of any particular person. Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. The Reader should apply his/her own judgment in making any use of any Content, including, without limitation, the use of any information contained therein as the basis for any conclusions. The Reader bears responsibility for his/her own investment research and decisions. Before making any investment decision, it is strongly recommended that you seek outside advice from a qualified investment advisor. SmallCapPower/Ubika Research does not provide or guarantee any financial, legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or information source. Ubika and/or its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities and/or commodities and/or commodity futures contracts in certain underlying companies mentioned in this site and which may also be clients of Ubika’s affiliates. In such instances, Ubika and/or its affiliates and/or their respective officers, directors or employees will use all reasonable efforts to avoid engaging in activities that would lead to conflicts of interest and Ubika and/or its affiliates will use all reasonable efforts to comply with conflicts of interest disclosures and regulations to minimize the conflict.
