Sub $5 Canadian Stocks Reporting Strong Quarterly Earnings: Investment Idea of the Day

Published:

Ubika Research has picked nine Canadian stocks trading below $5 across sectors which have registered strong growth in sales and EPS during their latest reported quarter. Moreover, these stocks have recorded strong operating margins with strong growth in cash flow from operations during the same period. Additionally, these stocks are trading at low PE multiple compared to industry average. During the past three months, majority of these stocks have accumulated gains with daily average traded volume in excess of 100,000.

Company Name

Exchange

Ticker

Market Cap
(C$MN)

Last Price

Price Change
(3-Months)

Average Volume
(3-Months)

Sales Growth*

EPS Growth*

Operating Margin*

Operating Cash Flow Growth*

Current PE Ratio

Petaquilla Minerals Ltd

TSX

PTQ

66.3

0.28

-15.2%

387,655

46.0%

250.0%

25.4%

NM

3.8

Ithaca Energy Inc

TSX

IAE

911.1

2.79

2.2%

1,630,392

174.4%

750.0%

30.5%

206.0%

4.7

Rio Alto Mining Ltd

TSX

RIO

411.9

2.33

45.6%

1,383,716

27.5%

50.0%

41.0%

3.4%

6.4

Western Forest Products Inc

TSX

WEF

880.0

2.25

21.6%

3,998,797

5.4%

300.0%

6.9%

90.7%

7.1

Lucara Diamond Corp

TSX

LUC

637.0

1.69

19.9%

646,928

101.2%

150.0%

56.7%

30.9%

9.6

Lynden Energy Corp

TSXV

LVL

107.3

0.83

16.9%

240,054

54.0%

0.0%

56.0%

476.9%

10.2

Questor Technology Inc

TSXV

QST

55.6

2.20

27.2%

121,926

168.6%

450.0%

32.6%

1,649.5%

12.8

Loyalist Group Ltd

TSXV

LOY

102.7

0.69

6.2%

503,630

168.9%

62.5%

22.3%

54.5%

13.3

Pure Industrial Real Estate Trust

TSX

AAR-U

720.0

4.77

3.7%

591,054

101.3%

28.6%

45.0%

107.4%

16.4

Source: Bloomberg
*Latest Reported Quarter

Company Description:

Petaquilla Minerals Ltd (TSX: PTQ)
Petaquilla Minerals Ltd. explores for gold in Panama. The company operates the Molejon mine in the Cerro Petaquilla Concession.

Ithaca Energy Inc (TSX: IAE)
Ithaca Energy, Inc. explores, develops and produces oil and gas in the North Sea. The company owns and operates a diverse portfolio of development and production assets through acquisition and participation.

Rio Alto Mining Ltd (TSX: RIO)
Rio Alto Mining Limited is a mineral exploration company. The company currently is focusing on the development of La Arena gold / copper project, located in north central Peru.

Western Forest Products Inc (TSX: WEF)
Western Forest Products Inc. is an integrated forest products company and a coastal woodland operator located in British Columbia, Canada. The company’s activities include timber harvesting, reforestation, sawmilling logs into lumber and wood chips, value-added remanufacturing, and producing NBSK pulp. Western Forest’s products are sold in various countries worldwide.

Lucara Diamond Corp (TSX: LUC)
Lucara Diamond Corporation is a diamond mining company. The company owns interests in diamond projects in Lesotho, Africa.

Lynden Energy Corp (TSXV: LVL)
Lynden Energy Corporation explores for oil and natural gas in the United States and Canada.

Questor Technology Inc (TSXV: QST)
Questor Technology Inc. develops environmental technologies for use primarily by the oil and gas industry.

Loyalist Group Ltd (TSXV: LOY)
Loyalist Group Limited is an educational organization that is in the business of providing in-class private education services. The company’s objective is to provide education and professional training to students for whom English is not a first language on a global scale.

Pure Industrial Real Estate Trust (TSX: AAR-U)
Pure Industrial Real Estate Trust (PIRET) is a real estate investment trust. The Trust acquires, owns, and operates a diversified portfolio of income producing industrial properties in both primary markets across Canada.

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