From Uranium to Broadcasting, These Analyst Picks Are Expected to Double
Today we look at Canadian-listed companies that analysts expect to at least double within a year. Having already gained investor attention after rallying over 30% year-to-date, these stocks appear to be just warming up. From the reawakened uranium industry to the latest satellite imaging technology, this week’s picks will have analysts seeing big gains very soon.
Ur-Energy Inc. (TSX:URE) – $0.93
Ur-Energy Inc. is an exploration-stage mining company. The Company is engaged in uranium mining, recovery and processing activities, including its flagship uranium property Lost Creek in Sweetwater County, Wyoming. Its land portfolio includes over 10 projects in the United States. The company controls approximately 2,100 unpatented mining claims and mineral leases for a total of approximately 42,000 acres in the state of Wyoming.
- Market Cap: $135.8 million
- YTD Price PCT Change: 31.0%
- Analyst Price Target (1 year): $1.95
- Implied Upside: 110%
ProntoForms Corp. (TSXV:PFM) – $0.37
ProntoForms Corporation is a Canada-based company, which researches, develops and markets mobile business software solutions. The ProntoForms Solution is a mobile workflow platform used by approximately 50,000 subscribers in over 3,500 businesses to collect and analyze field data with smartphones and tablets in real time. The Company markets its solutions to energy (utilities, gas and oil), field services and facility management industries.
- Market Cap: $34.6 million
- YTD Price PCT Change: 37.0%
- Analyst Price Target (1 year): $0.78
- Implied Upside: 109%
Patient Home Monitoring Corp. (TSXV:PHM) – $0.27
Healthcare Facilities & Services
Patient Home Monitoring Corp. is a healthcare service company providing in-home monitoring equipment, supplies and services to patients in the United States. The company provides non-invasive ventilation equipment and services, in-home monitoring and disease management services and respiratory disease management, including chronic obstructive pulmonary disease; equipment solutions; in-home sleep testing; sleep apnea and positive airway pressure treatment; oxygen therapy; respiratory equipment rental, and international normalized ratio (INR) self-testing.
- Market Cap: $102.2 million
- YTD Price PCT Change: 54.3%
- Analyst Price Target (1 year): $0.60
- Implied Upside: 122%
GoldQuest Mining Corp. (TSXV:GQC) – $0.50
GoldQuest Mining Corp. is a mineral exploration and development company with a portfolio of high-quality gold-copper exploration properties in the Dominican Republic. It holds over 20 exploration and exploitation permits, including its flagship Romero project, and a number of concessions that are collectively referred to as the Tireo Property.It also has a large land package in the Jarabacoa district.
- Market Cap: $108.1 million
- YTD Price PCT Change: 85.2%
- Analyst Price Target (1 year): $1.15
- Implied Upside: 128%
UrtheCast Corp. (TSX:UR) – $1.86
UrtheCast Corp. is a technology company that serves the geospatial and geoanalytics markets. The Company operates through the provision of the earth observation imagery and engineering and value-added services segment, with over four Earth Observation (EO) sensors in space, including two cameras aboard the International Space Station (ISS). It is also developing and anticipates launching the fully integrated constellation of multispectral optical and synthetic aperture radar (SAR) satellites, called OptiSAR.
- Market Cap: $195,195,489.11 million
- YTD Price PCT Change: 116.3%
- Analyst Price Target (1 year): $4.38
- Implied Upside: 135%