A significant increase in traded value for a particular stock typically results from a company releasing some major news, either good or bad. Thus, the following five Canadian small cap stocks have seen their traded value more than double during a recent five-day period in comparison with the previous month.
Directcash Payments Inc. (TSX: DCI) – $17.33
Business Support Services
Directcash Payments Inc. is a Canada-based company engaged in providing payment processing and automated teller machine (ATM) managed solutions. The Company provides ATM, point of sale services and transaction processing services to financial institutions, corporations and government and retailers across Canada. The Company also launched prepaid Visa card offerings.
- Market Cap: $304,822,205
- Average Daily Value Traded (5 Days): $5,744,587
- Price Change (5 Days): +6.32%
AuRico Gold Inc. (TSX: AUQ) – $4.22
Precious Metals & Minerals
AuRico Gold Inc. is a Canada-based gold producer with mines and projects in North America. The Company and its subsidiaries are engaged in the mining, development, exploration, and acquisition of resource properties. Its core operations include the Young-Davidson gold mine in northern Ontario and the El Chanate mine in Sonora State, Mexico. Its project pipeline also includes advanced development opportunities in Mexico and British Columbia.
- Market Cap: $1,060,926,878
- Average Daily Value Traded (5 Days): $9,748,682
- Price Change (5 Days): +11.64%
Parex Resources Inc. (TSX: PXT) – $9.20
Oil & Gas Exploration and Production
Parex Resources Inc. (Parex) is a Canadian-based exploration company. The Company is engaged in the exploration, development, production and marketing of oil and natural gas in South America. Parex has operations in Colombia, Trinidad & Tobago and Canada. The Company’s crude oil reserves in Colombia are located in the Llanos basin.
- Market Cap: $1,229,594,546
- Average Daily Value Traded (5 Days): $8,508,254
- Price Change (5 Days): +3.95%
Freehold Royalties Ltd. (TSX: FRU) – $18.08
Oil & Gas Exploration and Production
Freehold Royalties Limited is a Canada-based oil and gas company based in Calgary, Alberta. The Company’s focus is on acquiring and managing oil and gas royalties. Freehold is directly and indirectly involved in the development and production of oil and natural gas in western Canada. The Company has royalty interests in more than 30,000 wells. Freehold also has oil and natural gas reserves located in British Columbia, Alberta, Saskatchewan, Manitoba and Ontario.
- Market Cap: $1,349,653,479
- Average Daily Value Traded (5 Days): $10,234,068
- Price Change (5 Days): -1.47%
Sandvine Corp. (TSX: SVC) – $4.10
Communications & Networking
Sandvine Corporation (Sandvine) is a Canada-based company engaged in developing and marketing network policy control solutions for high-speed, or broadband, Internet service providers. The Company’s network policy control solutions comprise hardware and software modules to introduce unified network policy control into any fixed mobile network. Its products include network analytics, which helps improve business performance by optimizing capital investments, avoiding mistakes, and maximizing revenue.
- Market Cap: $604,358,449
- Average Daily Value Traded (5 Days): $4,221,292
- Price Change (5 Days): +3.27%
