How the mighty have fallen. Today we have shortlisted three Canadian small cap stocks that have sank 60% or more after hitting a 52-week high.
Arsenal Energy Inc. (TSX: AEI) – $3.20
Oil & Gas Exploration and Production
Arsenal Energy Inc. (Arsenal) is an oil and gas exploration, development and production company based in Calgary, Alberta, Canada. Arsenal operates and has production in both Canada and the United States. Arsenal operates in North Dakota in the United States in three areas, two of which (Stanley, in Montrail County and Lindahl, in Williams County) are development properties and one (Rennie Lake) is exploratory property.
- Market Cap: $57,903,976
- 52-Week Range: $3.18 – $9.80
Big Rock Brewery Inc. (TSX: BR) – $7.02
Brewers
Big Rock Brewery Inc. is a producer, marketer and distributor of craft beers and cider. The company has sales and distribution facilities in Calgary and Edmonton, sales staff resident in Alberta, British Columbia, Saskatchewan and Manitoba and agency arrangements for product sales in Ontario and the Atlantic Provinces. Its products are sold in nine provinces and three territories in Canada and also exported to Korea.
- Market Cap: $48,856,865
- 52-Week Range: $7.00 – $18.38
FLYHT Aerospace Solutions Ltd. (TSXV: FLY) – $0.23
Aerospace & Defense
FLYHT Aerospace Solutions Ltd. is a designer, developer, and service provider to the global aerospace industry. The company’s major products are the Automated Flight Information Reporting System (AFIRS), UpTime, AeroQ, FIRST, FLYHT Fuel Management System, FLYHTStream, and Underfloor Stowage Unit. AMA’s AFIRS is installed on aircraft and monitors functions from the plane and the black box. AFIRS sends that information to the UpTime Server on the ground, which stores and transfers the data to the airline in real-time.
- Market Cap: $40,124,462
- 52-Week Range: $0.23 – $0.80
Source: Thomson Reuters
