The stocks on our list have gained more than 20% during the past month on robust trading volumes
SmallCapPower | September 19, 2016: Liquidity refers to how easily something can be sold. The more that people want to buy a stock, the more liquid that stock is said to be. A stock could be liquid for two reasons: because people want to sell off a stock, which drives the price down, or because people want to buy the stock, driving the stock price up. On our list today are stocks that have seen a high share turnover, as a percent of the total number of outstanding shares, over the past 30 days with a price gain of more than 20%.
Aurora Cannabis Inc. (CSE: ACB) – $1.15
Fishing & Farming
Aurora Cannabis Inc (Aurora) is a Canada-based company operating via its subsidiary, Aurora Cannabis Enterprises Inc, as a licensed producer of medical marijuana pursuant to the Marijuana for Medical Purposes Regulations. It operates an approximately 55 thousand square foot expandable production facility in Alberta, Canada.
- Market Cap: $122.18 (M)
- Avg Daily Volume: 1,773,808
- Total Turnover: 39%
- MTD Price PCT Change: +38.6%
Sterling Resources Ltd. (CVE:SLG) – $0.69
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 Breagh field is located in the Southern North Sea, Block 42/13a approximately 100 kilometers offshore the English coast near Teesside, and has over eight wells under production.
- Market Cap: $101.31 (M)
- Avg Daily Volume: 2,880
- Total Turnover: 59%
- MTD Price PCT Change: +32.7%
OrganiGram Holdings Inc. (TSXV:OGI) – $1.64
OrganiGram Holdings Inc., formerly Inform Exploration Corp., is a Canada-based company, which operates through its subsidiary Organigram Inc. Organigram Inc. is a licensed medical marijuana producer as regulated by Health Canada under the Marijuana Medical Access Regulations (MMAR) of the Government of Canada.
- Market Cap: $142.27 (M)
- Avg Daily Volume: 1,283,382
- Total Turnover: 68%
- MTD Price PCT Change: +22.6%
Aphria Inc. (TSXV:APH) – $3.13
Aphria Inc., formerly Black Sparrow Capital Corp., is a Canada-based company, which is engaged in producing and selling medical marijuana through retail sales and wholesale channels. The Company’s retail sales are primarily sold through the Company’s online store, as well as telephone orders. Its wholesale shipments are sold to other Medical Purposes Regulations (MMPR) Licensed Producers. It offers medical cannabis of various strains, including Kusawa, Tamaracouta, Panache, Churchill and Iroquois.
- Market Cap: $281.74 (M)
- Avg Daily Volume: 967,148
- Total Turnover: 41%
- MTD Price PCT Change: 21.3%