5 Canadian Tech Stocks With Surging Share Prices

Backed by strong volume, the Canadian tech stocks on our list have jumped more than 50% during the past three months

SmallCapPower | March 2, 2017: The Canadian tech stocks on our list today are top stock market performers during the past three months. Valens Groworks Corp (CSE:VGW) leads the pack, as a biotechnology company providing medical cannabis cultivation, production, packaging, and research services. Recently, the Company had acquired Supra THC Services, which will provide Valens Groworks with a dealer’s license from Health Canada for the possession of cannabis and related active ingredients as well as the production of extracts.

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Valens Groworks Corp. (CSE:VGW) – $1.57
Biotechnology & Medical Research

Valens Groworks Corp, formerly Genovation Capital Corp., is a Canada-based company, which operates as a biotechnology company in the Okanagan Valley of British Columbia. The Company is focused on the cannabis cultivation and research business. It provides activities of cultivation, production (extraction), packaging, possession, sale, transportation, delivery and research of medical cannabis.

  • Market Cap: $80 million
  • Total Revenue (LTM): $0
  • Stock Price Growth (3 months): 91.5%
  • Average Volume (90 days): 26,657

Peak Positioning Technologies Inc. (CSE:PKK) – $0.095

Peak Positioning Technologies Inc. is a development-stage information technology portfolio management company, which develops and operates financial technology platforms that digitize, automate and bring the supply chain management of China’s industrial business sectors, including financial technology, e-commerce and cloud computing to the Web. The platforms allow for the tracking, recording and analysis of every transaction associated with the movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption.

  • Market Cap: $40 million
  • Total Revenue (LTM): $26 million
  • Stock Price Growth (3 months): 90.0%
  • Average Volume (90 days): 987,748

Sierra Wireless Inc. (TSX: SW) – $37.52
Communications & Networking

Sierra Wireless, Inc. offers second generation (2G), third generation (3G) and fourth generation (4G) cellular embedded wireless modules and gateways. The Company offers products to original equipment manufacturers (OEMs) and enterprises. It operates through three segments: OEM Solutions, Enterprise Solutions, and Cloud and Connectivity Services. The Company’s products and solutions include Legato, Project MangOH, AirLink, AirLink Raven RV50, IoT Acceleration Platform and AirVantage Management Service.

  • Market Cap: $1,206 million
  • Total Revenue (LTM): $808 million
  • Stock Price Growth (3 months): 78.5%
  • Average Volume (90 days): 73,213

Nuran Wireless Inc. (CSE:NUR) – $0.26
Communications & Networking

NuRAN Wireless Inc. is a Canada-based company, which is a supplier of mobile and broadband wireless solutions. The Company operates in the research, development, manufacturing and marketing of digital electronic circuits and wireless telecommunication products. It offers global system for mobile communication (GSM), long-term evolution (LTE), and white space radio access network (RAN) and backhaul products for mobile network operators and Internet service providers. It provides a variety of specialized systems for indoor coverage, rural connectivity in markets, connectivity to offshore platforms and ships, private mobile networks or custom solutions for specific markets, such as Internet of Things (IoT), public safety, emergency or crisis communications.

  • Market Cap: $27 million
  • Total Revenue (LTM): $0
  • Stock Price Growth (3 months): 59.4%
  • Average Volume (90 days): 93,032

Beleave Inc. (CSE:BE) – $2.15
Biotechnology & Medical Research

Beleave Inc, formerly Stream Ventures Inc, is a Canada-based biotech company. Its focus is the production of medical marijuana. The Company’s subsidiary, First Access Medical Inc, is interested in a license to cultivate and sell medical marijuana at its facility pursuant to the Marihuana for Medical Purposes Regulations outlined by Health Canada. The Company is working towards the development of patents through research with Canadian institutions as well as the research and development of cannabis-based therapies for patients, such as smoke harm reduction products, which includes portable and stationary vaporizes and accessories.

  • Market Cap: $55 million
  • Total Revenue (LTM): $0
  • Stock Price Growth (3 months): 53.6%
  • Average Volume (90 days): 194,342