The TSX stocks on our list have seen shrinking sales during the last few years
SmallCapPower | August 28, 2017: Today we have identified five TSX stocks, with market caps of between $25 million and $194 million, which have registered negative growth in revenues over the past five years. Perhaps not surprisingly, 80% of the stocks are from the oil & gas sector.
Primero Mining Corp (TSX: P)
Primero Mining Corporation is a gold and silver producer. The Company owns two producing properties – the San Dimas gold-silver mine in Mexico and the Black Fox mine in Ontario, Canada.
Newalta Corp (TSX: NAL)
Newalta Corp. provides solutions to oil and gas customers to improve their environmental performance. The Company focuses on recycling and the recovery of products from exploration and production waste streams.
Transglobe Energy Corp (TSX: TGL)
TransGlobe Energy Corporation is a Calgary-based oil and gas exploration and development company. The Company focuses on the Middle East and North Africa region with production operations in Egypt.
Black Diamond Group Ltd (TSX: BDI)
Black Diamond Group Ltd. rents modular structures for use as workforce accommodations and temporary work space. The Company provides temporary workspace for urban and industrial customers, the oilfield industry, and customers who work in remote areas.
Horizon North Logistics Inc (TSX: HNL)
Horizon North Logistics Inc. provides marine transportation, camp catering and logistics services. The Company provides support services to oil and gas exploration and production companies, oilfield services companies, and mining companies working on oilsands projects in northern Canada.
Disclosure: Neither the author nor any of the principals at Small Cap Power, or their family members, own shares in any of the companies mentioned above.
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