Today, we have picked 12 Canadian diversified metals & mining stocks trading below $10 which have outperformed the rise in metal prices with increased market interest. We note that the 5-day average trading volumes of these stocks increased up to 400% compared to their one month daily average trading volumes. Moreover, these stocks have accumulated gains of over 50% year-to-date. The shortlisted stocks outperformed their respective indices during the week recording price gains ranging from 10% to 29% with daily average traded volume in excess of 100,000.
Metals Prices Last Week
| Precious Metals |
Price as on June 20, 2014 |
1-Wk Price Change |
|
Gold |
$1,314.8 |
3.0% |
|
Silver |
$20.9 |
6.0% |
|
Base Metals |
||
|
Aluminum |
$1,886.0 |
2.2% |
|
Copper |
$6,820.0 |
2.5% |
|
Nickel |
$18,400.0 |
1.8% |
|
Zinc |
$2,177.0 |
4.3% |
|
Lead |
$2,130.0 |
2.1% |
|
Other Metals |
||
|
Palladium |
$822.0 |
0.9% |
|
Platinum |
$1,456.9 |
1.5% |
Stocks Performance
| Company Name |
Ticker |
Exchange |
Industry |
Market Cap |
Last Price |
Price Change (5-Day) |
Price Change (YTD) |
Average Volume |
Average Volume |
Volume Increase* |
52-Week High |
52-Week Low |
|
Lumina Copper Corp |
LCC |
TSXV |
Metal-Copper |
424.7 |
9.65 |
22.2% |
53.4% |
2,195,038 |
428,871 |
411.8% |
9.75 |
3.86 |
|
Brazil Resources Inc |
BRI |
TSXV |
Gold Mining |
74.7 |
1.03 |
13.2% |
108.1% |
625,545 |
192,848 |
224.4% |
1.44 |
0.43 |
|
Northquest Ltd |
NQ |
TSXV |
Precious Metals |
7.8 |
0.18 |
12.5% |
89.5% |
225,251 |
70,314 |
220.4% |
0.40 |
0.08 |
|
Eastmain Resources Inc |
ER |
TSX |
Gold Mining |
52.9 |
0.44 |
29.4% |
69.2% |
294,675 |
98,387 |
199.5% |
0.56 |
0.19 |
|
Arian Resources Corp |
ARC |
TSXV |
Diversified Minerals |
9.2 |
0.11 |
23.5% |
50.0% |
865,443 |
309,068 |
180.0% |
0.31 |
0.05 |
|
Bear Creek Mining Corp |
BCM |
TSXV |
Silver Mining |
277.3 |
2.98 |
26.8% |
104.1% |
620,673 |
222,409 |
179.1% |
3.02 |
1.17 |
|
North American Nickel Inc |
NAN |
TSXV |
Non-Ferrous Metals |
74.8 |
0.53 |
20.5% |
112.0% |
350,744 |
131,414 |
166.9% |
0.58 |
0.17 |
|
US Silver & Gold Inc |
USA |
TSX |
Precious Metals |
45.1 |
0.58 |
22.1% |
56.8% |
186,630 |
76,574 |
143.7% |
0.84 |
0.25 |
|
Sandstorm Gold Ltd |
SSL |
TSX |
Gold Mining |
840.5 |
7.56 |
14.2% |
64.7% |
1,123,403 |
486,999 |
130.7% |
7.84 |
4.16 |
|
Fortuna Silver Mines Inc |
FVI |
TSX |
Silver Mining |
712.3 |
5.65 |
12.5% |
85.2% |
1,179,040 |
513,423 |
129.6% |
6.10 |
2.68 |
|
Nevada Copper Corp |
NCU |
TSX |
Metal-Copper |
209.3 |
2.60 |
10.2% |
92.6% |
168,829 |
76,821 |
119.8% |
2.72 |
1.22 |
|
Claude Resources Inc |
CRJ |
TSX |
Gold Mining |
39.5 |
0.21 |
16.7% |
50.0% |
349,189 |
164,003 |
112.9% |
0.37 |
0.12 |
Source: Bloomberg
*Volume Increase: 5-Day average volume over 30-Day average volume
Company Description
Lumina Copper Corp (TSXV: LCC)
Lumina Copper Corp. is a mineral exploration company. The company currently explores for copper.
Brazil Resources Inc (TSXV: BRI)
Brazil Resources, Inc. operates, and has an option to acquire, the Montes Aureos mining property in Brazil. The company explores for gold.
Northquest Ltd (TSXV: NQ)
Northquest Ltd. is a mineral exploration company. The company is focused on the identification, acquisition, exploration, and development of properties for the mining of gold, diamonds, and other minerals and metals.
Eastmain Resources Inc (TSX: ER)
Eastmain Resources, Inc. explores for gold and base metals in Eastern Canada.
Arian Resources Corp (TSXV: ARC)
Arian Resources Corporation is a diversified minerals exploration company.
Bear Creek Mining Corp (TSXV: BCM)
Bear Creek Mining Corporation acquires and explores mineral properties. The company is currently conducting silver and gold exploration activities on its prospects located in Peru.
North American Nickel Inc (TSXV: NAN)
North American Nickel, Inc. explores and evaluates nickel-copper properties. The company operates nickel properties located in southwestern Greenland and Ontario, Canada. NAN utilizes a variety of prospecting methods to prepare their properties for drilling and mining.
US Silver & Gold Inc (TSX: USA)
US Silver & Gold Inc. mines and produces silver and gold. The company’s flagship Galena complex is located in Shoshone County, in the “panhandle” of Idaho and along its eastern border with the State of Montana.
Sandstorm Gold Ltd (TSX: SSL)
Sandstorm Gold Ltd. acquires gold purchase agreements with companies that have advanced stage development projects or operating mines. The company makes an upfront cash payment to its partners and receives the right to purchase a percentage of the gold produced, for the life of the mine, at a fixed price per ounce.
Fortuna Silver Mines Inc (TSX: FVI)
Fortuna Silver Mines Inc. is a growth oriented, silver and base metal producer focused on mining opportunities in Latin America. The company’s primary assets are the San Jose silver-gold mine in Mexico and the Caylloma silver-lead-zinc mine in Peru. Fortuna Silver Mines is selectively pursuing additional acquisition opportunities in the Americas.
Nevada Copper Corp (TSX: NCU)
Nevada Copper Corporation is a mineral exploration and production company that acquires and develops copper deposits located in the United States. The company owns the Pumpkin Hollow Copper Development Property in the Walker Lane mineralized belt of Western Nevada.
Claude Resources Inc (TSX: CRJ)
Claude Resources, Inc. explores for and produces gold. The company operates the Seabee Gold Mine in the La Ronge Mining District in Saskatchewan and the Santoy 8 Mine in Saskatchewan; and explores the Madsen Gold Project in Red Lake, Ontario; and the Amisk Gold Project in Saskatchewan.
