The Canadian small cap stocks we’ve discovered have recorded the largest daily trading volume increases over the past three months
SmallCapPower | May 23, 2019: Today we have found four Canadian small cap stocks that have displayed the biggest daily trading volume increases over the past three months. The selected stocks have a market capitalization in the range of $50 million to $2 billion.
*Market caps based on the closing price on May 20, 2019.
World Class Extractions Inc. (CSE:PUMP) – $0.20
World Class Extractions is a developer of a large-scale extraction process for both the hemp and cannabis industries. The Company provides single step continuous flow extraction services. Using patent pending technology, World Class’ results produce higher yields and better quality full spectrum crude hemp oil at faster rates. The technology allows the extraction of CBD oil and other related extracts from wet or dried natural plants. On May 20, 2019, World Class Extractions announced that its acquisition target Quadron Cannatech Corporation will begin to take reservations to toll process hemp or cannabis with the “BIG BEAST,” a fully automated, touch screen control continuous flow Ethanol Extractor System.
- Average 3 month volume: 6.19 million
- Market Cap: $90.3 Million
FSD Pharma Inc. (CSE:HUGE) – $0.235
FSD Pharma is focused on the development of the highest quality indoor grown, pharmaceutical-grade cannabis and on the research and development of novel cannabinoid-based treatments for several central nervous system disorders, including chronic pain, fibromyalgia and irritable bowel syndrome. On May 7, 2019, FSD Pharma and Solarvest BioEnergy signed a definitive collaborative research and development agreement under which Solarvest will conduct research using its algal expression technology to develop pharmaceutical-grade cannabinoids.
- Average 3 month volume: 6.02 million
- Market Cap: $326.7 Million
Baytex Energy Corp. (TSX:BTE) – $2.60
Baytex Energy is an oil and gas corporation based in Calgary, Alberta. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford area of the United States. Approximately 83% of Baytex’s production is weighted toward crude oil and natural gas liquids.
- Average 3 month volume: 4.66 million
- Market Cap: $1.45 Billion
Agraflora Organics International Inc. (CSE:AGRA) – $0.46
AgraFlora Organics International is a growth oriented and diversified company focused on the international cannabis industry. It owns an indoor cultivation operation in London, ON and is a joint venture partner in Propagation Service Canada and its large-scale 2,200,000 sq. ft. greenhouse complex in Delta, BC. On May 3, 2019, the Company announced that it has sold its rights to AgraLeaf SA in Greece in exchange for common shares of Roughrider Capital Corp. valued at 150% of AgraFlora’s original investment in the Greek venture.
- Average 3 month volume: 4.47 million
- Market Cap: $222.1 million
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
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