Today we have picked 9 stocks across sectors trading below $7 that have incurred high capital expenditures during 2013 with strong operating cash flow and are estimated to increase their Capex spending during 2014, according to analysts polled by Bloomberg. Moreover, these companies are estimated to register strong growth in sales, EPS, and cash flow in 2014. We note that a majority of 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 |
Industry |
Market Cap |
Last Price |
Average Volume |
Price Change |
Sales Growth |
EPS Growth |
Cash Flow Growth |
2013 CaPex |
CaPex Growth |
|
Ultrapetrol Bahamas |
ULTR |
NASDAQ |
Industrial |
404.4 |
2.88 |
114,613 |
-16.5% |
12.6% |
66.7% |
344.7% |
130.1 |
77.7% |
|
Banro Corp |
BAA |
TSX |
Basic Materials |
110.9 |
0.44 |
1,070,855 |
-36.2% |
83.4% |
20.0% |
36.8% |
182.3 |
75.8% |
|
Nevsun Resources Ltd |
NSU |
TSX |
Basic Materials |
735.6 |
3.69 |
754,464 |
-12.6% |
244.9% |
855.0% |
1,162.1% |
133.5 |
74.2% |
|
PetroQuest Energy Inc |
PQ |
NYSE |
Energy |
397.2 |
6.02 |
908,948 |
22.1% |
91.0% |
243.9% |
145.7% |
300.5 |
54.9% |
|
Luna Gold Corp |
LGC |
TSX |
Basic Materials |
122.0 |
1.00 |
456,623 |
-19.4% |
26.6% |
34.3% |
10.9% |
44.6 |
44.2% |
|
Silvercorp Metals Inc |
SVM |
TSX |
Basic Materials |
304.2 |
1.78 |
333,380 |
-34.1% |
101.1% |
275.0% |
98.7% |
91.2 |
31.5% |
|
RadNet Inc |
RDNT |
NASDAQ |
Healthcare |
256.7 |
6.14 |
797,810 |
163.5% |
1.6% |
270.0% |
15.5% |
48.6 |
17.7% |
|
Perpetual Energy Inc |
PMT |
TSX |
Energy |
253.2 |
1.70 |
398,950 |
26.9% |
24.5% |
56.5% |
59.4% |
95.4 |
17.6% |
|
Crocotta Energy Inc |
CTA |
TSX |
Energy |
384.1 |
3.93 |
664,571 |
24.4% |
48.5% |
202.5% |
49.3% |
127.3 |
11.4% |
Source: Bloomberg
Market Cap & Last Price are in their respective currencies
Company Description:
Ultrapetrol Bahamas Ltd (NASDAQ: ULTR)
Ultrapetrol Bahamas Limited is a diversified ocean and river transportation company involved in the carriage of dry and liquid bulk cargoes.
Banro Corp (TSX: BAA)
Banro Corporation, through its subsidiary, explores and develops gold properties. The company currently holds mining permits and mining concessions in the Democratic Republic of Congo in Africa.
Nevsun Resources Ltd (TSX: NSU)
Nevsun Resources Ltd. is the operator of the Bisha Mine which began construction in 2008 and commercial production in 2011. The mine produced gold-silver dore until 2013 when the product switched to copper in concentrate and will expand to also produce Zinc concentrates.
PetroQuest Energy Inc (NYSE: PQ)
PetroQuest Energy, Inc. explores, develops, acquires, and operates oil and gas properties onshore and offshore in the Gulf Coast Region.
Luna Gold Corp (TSX: LGC)
Luna Gold Corporation explores for gold in the United States and South America.
Silvercorp Metals Inc (TSX: SVM)
Silvercorp Metals Inc. acquires, explores, and develops mineral properties in China. The company is developing its Ying Silver project located in the People’s Republic of China.
RadNet Inc (NASDAQ: RDNT)
Radnet, Inc. owns and operates outpatient diagnostic imaging centers. The company’s centers are located throughout California.
Perpetual Energy Inc (TSX: PMT)
Perpetual Energy Inc. is an independent natural gas producer. The company owns, operates, and develops oil and gas properties throughout Canada.
Crocotta Energy Inc (TSX: CTA)
Crocotta Energy Inc. is an oil and gas exploration and production company. The company currently operates in Western Canada.
