Canadian Penny Stocks with Price Gains of Over 100% YTD: Investment Idea of the Day

Published:

Ubika Research has shortlisted nine Canadian penny stocks trading below C$1 from diversified mining sector which have recorded price gains of more than 100% year-to-date (YTD) and some of these stocks are currently hovering around their 52-weeks high levels. Moreover, the 1-Month average trading volumes of these stocks are significantly higher than 3-month average trading volumes indicating a strong market interest. We note that these stocks have registered strong EPS growth during their latest reported quarter. During the past month, majority of these stocks have accumulated gains with average daily traded volume in excess of 100,000 shares. 

Company Name

Exchange

Ticker

Market Cap
(C$MM)

Last Price

Average Volume
(1-Month)

Average Volume
(3-Month)

Price Change
(1-Month)

Price Change
(YTD)

52- Week High

52- Week Low

Latest Quarter EPS Growth

Aura Minerals Inc

TSX

ORA

43.4

0.19

410,151

276,853

81.0%

100.0%

0.38

0.08

85.7%

Tirex Resources Ltd

TSXV

TXX

37.8

0.42

133,366

95,329

35.5%

110.0%

0.62

0.15

83.3%

High North Resources Ltd

TSXV

HN

33.1

0.65

403,560

234,979

22.6%

103.1%

0.74

0.18

75.0%

U308 Corp

TSX

UWE

39.5

0.22

635,717

465,894

51.7%

120.0%

0.26

0.08

75.0%

Crazy Horse Resources Inc

TSXV

CZH

7.5

0.16

143,053

104,905

72.2%

158.3%

0.21

0.04

75.0%

Geomega Resources Inc

TSXV

GMA

32.1

0.75

1,096,573

709,596

150.0%

650.0%

1.06

0.08

66.7%

Soltoro Ltd

TSXV

SOL

11.4

0.19

195,629

146,524

35.7%

123.5%

0.39

0.08

50.0%

Clifton Star Resources Inc

TSXV

CFO

14.5

0.38

102,519

93,750

21.0%

108.3%

0.82

0.16

50.0%

Columbus Gold Corp

TSXV

CGT

74.0

0.61

237,802

153,150

41.9%

103.3%

0.63

0.16

33.3%

Source: Bloomberg; YTD: Year-To-Date

Company Description:

Aura Minerals Inc (TSX: ORA)          
Aura Minerals Inc. explores and produces minerals. The company offers copper, gold and silver, copper, gold, and iron ore.

Tirex Resources Ltd (TSXV: TXX)     
Tirex Resources Limited is a mineral exploration company. The company explores for copper, zinc, gold, and silver.

High North Resources Ltd (TSXV: HN)          
High North Resources Ltd. is a capital pool company that seeks to acquire an operating business. The company intends to complete a qualifying transaction with a company in the mining sector.

U308 Corp (TSX: UWE)         
U308 Corporation explores for uranium minerals in South America.

Crazy Horse Resources Inc (TSXV: CZH)      
Crazy Horse Resources Inc. is a mineral exploration company.

Geomega Resources Inc (TSXV: GMA)         
Geomega Resources, Inc. acquires, develops and explores mining properties. The company operates in Quebec.

Soltoro Ltd (TSXV: SOL)      
Soltoro Ltd. explores for mineral properties in Mexico. The company seeks to acquire, explore, and produce gold, silver, and copper deposits.

Clifton Star Resources Inc (TSXV: CFO)       
Clifton Star Resources, Inc. is a mineral exploration and development company. The company currently holds interest in mineral prospects located in Labrador, Newfoundland.

Columbus Gold Corp (TSXV: CGT)   
Columbus Gold Corporation explores for and develops gold and precious metals. The company has properties in the United States.

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