Look for high beta stocks when the market starts an upswing and you could be sitting flush
SmallCapPower | December 23, 2016: Beta refers to the response variable of a stock, which means it tells you how a stock’s value moves in relation to the market. All of the high beta stocks on our list today have beta values above 3, which means when the market moves, they move faster and it is reflected in their YTD movement, gaining between 550% to 8,300%. This means that when the market is in an upswing, volatile stocks can pay off heavily. Just beware that although these stocks can move up quickly, the opposite can happen just as fast.
Silver One Resources Inc. (CVE:SVE) – $0.84
Non-Gold Precious Metals & Minerals
Silver One Resources Inc, formerly BRS Ventures Ltd, is a Canada-based silver focused resource company. The Company owns interests in Mexican silver exploration and development properties, which include Penasco Quemado in the state of Sonora, La Frazada in the state of Nayarit and Pluton in the state of Durango. The Penasco Quemado project is located in northern Sonora, approximately 59 kilometers south of the town of Sasabe on the United States-Mexican border and comprises over 3,700 hectares in approximately six concessions. Its La Frazada project is located approximately 300 kilometers northwest of Guadalajara and hosts silver-rich epithermal veins with base metals.
- Market Cap: $68.77(mm)
- Total Revenue (LTM, Default, Millions): $0.00
- YTD Price PCT Change: 8,300.0%
- Daily Beta – 90 Day: 5.63
SilverCrest Metals Inc. (CVE:SIL) – $2.15
Non-Gold Precious Metals & Minerals
SilverCrest Metals Inc is a Canada-based metals exploration company engaged in acquisition and exploration of mineral property interests in Mexico. The Company’s projects include Primary Kimberlite Projects, Alluvial and Eluvial Projects and Tailings Re-Treatment Projects. The Company owns interest in DMI Minerals South Africa (Pty) Limited and interests held by the Company’s South African Black Economic Empowerment partner Nozala Investments (Pty) Limited.
- Market Cap: $99.21(mm)
- Total Revenue (LTM, Default, Millions): $0.00
- YTD Price PCT Change: 1,212.5%
- Daily Beta – 90 Day: 3.50
Watch the Silvercrest CEO interview: Here >> dynaCERT Inc. (CVE:DYA) – $0.78
Electrical Components & Equipment
dynaCERT Inc., formerly Dynamic Fuel Systems, Inc., is an energy sector company that specializes in delivering carbon emission reduction technologies to a global marketplace. The Company is engaged in the development of hydrogen generating systems designed for commercial use. The Company is engaged in the design, engineering, manufacturing, testing, distributing and installation of a transportable hydrogen generator aftermarket product, originally targeted for use in the heavy tractor trailer industry. Its flagship product includes HydraGen. Its technology creates hydrogen and oxygen on-demand through electrolysis and supplies these additives through the air intake to enhance combustion.
- Market Cap: $178.48(mm)
- Total Revenue (LTM, Default, Millions): -$0.01
- YTD Price PCT Change: 550.0%
- Daily Beta – 90 Day: 3.80
Watch the dynaCert interview from CIX 2016: Here >>Silver Bear Resources Inc. (TSE:SBR) – $0.25
Diversified Mining
Silver Bear Resources Inc. is a Canada-based company engaged in the business of acquisition, exploration, evaluation and development of precious metal properties. The Company’s segments include a property in the Russian Federation (Mangazeisky) and a corporate office in Toronto, Canada. The Company’s principal asset is its right to explore and develop the Mangazeisky property, which is located in the Kobyask Ulas district, within the north-central portion of Yakutia of the Russian Federation, approximately 400 kilometers north of the capital city of Yakutsk, over 280 kilometers southwest of the village of Batagai in the Verhoyansky district and approximately 240 kilometers northeast of the village of Sangar in the Kobyask Ulas district.
- Market Cap: $40.87(mm)
- Total Revenue (LTM, Default, Millions): $0.00
- YTD Price PCT Change: 1,150.0%
- Daily Beta – 90 Day: 3.30
GFG Resources Inc. (CVE:GFG) – $1.12
Gold
GFG Resources Inc., formerly Crest Petroleum Corp, is a Canada-based gold exploration company. It owns the Rattlesnake Hills Gold Project, which is a gold exploration project that is located approximately 100 kilometers southwest of Casper, Wyoming. The Rattlesnake Hills Project is centrally located within an approximately 1,500 kilometer-long belt of alkalic intrusive complexes that occur along the eastern side of the Rocky Mountains from Montana to New Mexico, several of which are associated with multiple gold deposits.
- Market Cap: $47.15(mm)
- Total Revenue (LTM, Default, Millions): $0.00
- YTD Price PCT Change: 990.0%
- Daily Beta – 90 Day: 7.47