Companies with higher levels of institutional ownership (Stocks held by large financial organizations, pension funds or endowments) and strong insider ownership (stocks held by senior executives and directors within the firm) attract investor interest as it reflects a confidence in growth potential since institutional owners’ and insiders personal wealth is directly affected by stock performance.
Ubika Research has picked nine Canadian stocks trading below $5.00 which have high institutional and insider ownership. These companies have witnessed a significant increase in insider ownership during the past six months. Moreover, these stocks are rated a Buy by all analysts covering these stocks with consensus 12-month price targets indicating significant upside potential of over 15% from current levels, according to consensus estimates provided by Bloomberg. Additionally, we note that the shortlisted stocks have recorded significant price gains with daily average trading volume in excess of 100,000 shares over the past three months.
|
Company Name |
Ticker |
Exchange |
Market Cap |
Last Price |
Average Volume |
Price Change |
Equity Shares Outstanding |
Institutional Ownership |
Insider Ownership |
Change in Insider Holding |
Total Analyst Coverage |
Target Price |
Implied Upside |
|
UrtheCast Corp |
UR |
TSX |
155.8 |
2.43 |
478,720 |
18.5% |
64.1 |
31.0% |
1.1% |
16.1% |
3 |
4.75 |
95.5% |
|
Klondex Mines Ltd |
KDX |
TSX |
154.7 |
1.94 |
247,102 |
24.4% |
79.7 |
46.4% |
34.0% |
4.9% |
6 |
3.04 |
56.6% |
|
Premier Gold Mines Ltd |
PG |
TSX |
384.8 |
2.54 |
1,700,433 |
57.8% |
151.5 |
45.6% |
13.0% |
3.7% |
10 |
3.94 |
54.9% |
|
Roxgold Inc |
ROG |
TSXV |
120.8 |
0.65 |
294,390 |
44.4% |
185.9 |
45.8% |
9.2% |
6.1% |
8 |
0.94 |
44.0% |
|
Petromanas Energy Inc |
PMI |
TSXV |
128.3 |
0.19 |
1,058,491 |
54.2% |
693.7 |
22.4% |
29.4% |
4.2% |
4 |
0.25 |
35.1% |
|
Tamarack Valley Energy Ltd |
TVE |
TSXV |
217.0 |
4.70 |
560,843 |
23.2% |
46.2 |
24.8% |
3.3% |
6.5% |
10 |
5.97 |
27.1% |
|
Augusta Resource Corp |
AZC |
TSX |
510.3 |
3.53 |
618,160 |
204.3% |
144.6 |
44.5% |
6.9% |
3.7% |
7 |
4.44 |
25.9% |
|
Input Capital Corp |
INP |
TSXV |
153.0 |
2.50 |
222,698 |
52.4% |
61.2 |
31.4% |
18.1% |
1.6% |
6 |
2.93 |
17.3% |
|
Ur-Energy Inc |
URE |
TSX |
210.5 |
1.65 |
283,923 |
31.0% |
127.6 |
41.1% |
5.2% |
2.7% |
6 |
1.90 |
15.0% |
Source: Bloomberg
Company Description:
UrtheCast Corp (TSX: UR)
UrtheCast Corp. develops and publishes a high definition video web platform. The company’s platform offers live video feeds of Earth from space which will allow users to interface with social media.
Klondex Mines Ltd (TSX: KDX)
Klondex Mines Ltd. acquires, explores, and evaluates mineral properties. The company currently mines for gold in the State of Nevada.
Premier Gold Mines Ltd (TSX: PG)
Premier Gold Mines Limited is a mining and exploration company focused on developing gold projects worldwide.
Roxgold Inc (TSXV: ROG)
Roxgold Inc., acquires, explores and develops natural resource properties in Canada.
Petromanas Energy Inc (TSXV: PMI)
Petromanas Energy, Inc. explores for oil and natural gas in Albania. The company holds production sharing contracts with the Albanian government onshore in the Berati Thrust Belt.
Tamarack Valley Energy Ltd (TSXV: TVE)
Tamarack Valley Energy Ltd. explores for oil and natural gas in the western Canadian sedimentary basin. The company owns Cardium light oil properties in Alberta, and natural gas properties in Alberta and British Columbia.
Augusta Resource Corp (TSX: AZC)
Augusta Resource Corporation is a mineral exploration and development company with copper and other base metal assets in the United States.
Input Capital Corp (TSXV: INP)
Input Capital Corp. operates as an agricultural commodity streaming company. The company makes up-front payments to farmers in need of capital.
Ur-Energy Inc (TSX: URE)
Ur-Energy, Inc. explores for uranium. The company operates in Nunavut in Canada and Wyoming in the United States.
